Investing.com - Halliburton (NYSE:HAL) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Halliburton announced earnings per share of $0.35 on revenue of $4.28B. Analysts polled by Investing.com anticipated EPS of $0.3418 on revenue of $4.2B.
Halliburton shares are up 82.07% from the beginning of the year and are trading at $41.64 , down-from-52-week-high.They are outperforming the S&P 500 which is down 7.86% from the start of the year.
Halliburton follows other major Energy sector earnings this month
Halliburton's report follows an earnings beat by BP Midstream Partners on Thursday, March 31, 2022, who reported EPS of $0.35 on revenue of $31M, compared to forecasts EPS of $0.3487 on revenue of $30.93M.
Bristow Inc had missed expectations on Thursday, February 3, 2022 with third quarter EPS of $-0.0828 on revenue of $295.62M, compared to forecast for EPS of $0.41 on revenue of $303.5M.
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