Investing.com - Halliburton (NYSE:HAL) reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Halliburton announced earnings per share of $0.36 on revenue of $4.28B. Analysts polled by Investing.com anticipated EPS of $0.3406 on revenue of $4.09B.
Halliburton shares are up 20.42% from the beginning of the year and are trading at $27.54 , down-from-52-week-high.They are outperforming the S&P 500 which is down 7.73% from the start of the year.
Halliburton follows other major Energy sector earnings this month
Halliburton's report follows an earnings beat by Schlumberger on Friday, who reported EPS of $0.41 on revenue of $6.23B, compared to forecasts EPS of $0.389 on revenue of $6.09B.
Kinder Morgan had beat expectations on Wednesday with fourth quarter EPS of $0.27 on revenue of $4.43B, compared to forecast for EPS of $0.2524 on revenue of $3.61B.
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