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Halliburton (HAL -1%) says its Q2 operating profit margin will be negatively impacted by a...

Halliburton (HAL -1%) says its Q2 operating profit margin will be negatively impacted by a decline in rigs working in Mexico as the country transitions to a new way of awarding service contracts. HAL had earlier seen a margin close to the mid-teens for the quarter. In North America, HAL says the market for pressure pumping equipment remains 20% over-supplied, which should be cut in half by year's end.
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Comments (1)
  • Day Trader001
    , contributor
    Comments (809) | Send Message
     
    So could this be one of the reasons HAL’s insiders are cashing out early?
    I can’t blame them it’s been awhile since their stock has been this high!

     

    “Look out for the fall”
    22 May 2013, 05:18 PM Reply Like
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