Seeking Alpha

More on Halliburton's (HAL) Q3 results: HAL has a bigger chunk of its business in North America...

More on Halliburton's (HAL) Q3 results: HAL has a bigger chunk of its business in North America than peers, so it's feeling a bigger pinch from the drilling slowdown created by lower natural gas prices. North American on-land nat gas rig count -18%, revenue -5% Y/Y. Costs rose due to higher prices for materials used in fracking and disruptions from Hurricane Isaac. HAL -1.9% premarket.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)