Investing.com - Halliburton (NYSE:HAL) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Halliburton announced earnings per share of $0.05 on revenue of $3.20B. Analysts polled by Investing.com anticipated EPS of $-0.12 on revenue of $3.33B.
Halliburton shares are down 46.55% from the beginning of the year and are trading at $13.08 , down-from-52-week-high.They are under-performing the S&P 500 which is down 0.19% from the start of the year.
Halliburton follows other major Energy sector earnings this month
Halliburton's report follows an earnings matched by Valvoline on Tuesday, July 7, 2020, who reported EPS of $0.26 on revenue of $768.74M, compared to forecasts EPS of $0.26 on revenue of $496.46M.
W&T Offshore had beat expectations on Monday, June 22, 2020 with second quarter EPS of $0.04 on revenue of $124.13M, compared to forecast for EPS of $0.02 on revenue of $129.9M.
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