Halliburton Co. said it sees incremental growth in North American activity throughout the year as drilling and fracking pick up in the US.
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.
This week will offer the clearest picture yet of the Iran war’s impact on the world’s biggest oil field service providers, with the likes of SLB Ltd., Baker Hughes Co. and Halliburton Co. all expected to take hits to their bottom line.
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