Halliburton reports q2 loss per share $1.91

Halliburton announces second quarter 2020 results.q2 adjusted earnings per share $0.05 excluding items.q2 loss per share $1.91.q2 revenue $3.2 billion versus refinitiv ibes estimate of $3.48 billion.q2 earnings per share estimate $-0.11 -- refinitiv ibes data.completion and production revenue in q2 of 2020 was $1.7 billion, a decrease of $1.3 billion, or 44%, when compared to q1 of 2020.drilling and evaluation revenue in q2 of 2020 was $1.5 billion, a decrease of $551 million, or 27%, when compared to q1 of 2020.north america revenue in q2 of 2020 was $1.0 billion, a 57% decrease when compared to q1 of 2020.international revenue in second quarter of 2020 was $2.1 billion, a 17% decrease when compared to the first quarter of 2020.halliburton says halliburton is charting a 'fundamentally' different course.recognized $2.1 billion of pre-tax impairments & other charges to further adjust its cost structure to current market conditions in quarter.halliburton - international revenue in q2 primarily driven by reduced pressure pumping, drilling-related activity across all regions.halliburton - lower north america revenue driven by reduced activity in u.s. land & reduced activity across multiple product service lines in gulf of mexico.halliburton - q2 completion and production revenue down versus q1 driven by lower pressure pumping activity globally, lower artificial lift activity in u.s. land.
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