Halliburton Sees Q3 Sales Guidance Miss Analysts' Expectations
Guidance·1 article across 1 outlet
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Halliburton Co., the world’s largest provider of fracking services, dropped sharply after third-quarter guidance for sales in its Completion and Production business fell short of analysts’ expectations.
The disappointing outlook has raised concerns about the company's performance in the fracking sector, which is critical to its overall business strategy.
Halliburton
Sources
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“Halliburton Co., the world’s largest provider of fracking services, dropped sharply after third-quarter guidance for sales in its Completion and Production business fell short of analysts’ expectations.”
Bloomberg — Halliburton Sinks on Fracking Business Outlook, Margin Miss