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.
HAL Ratings Summary
HAL Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission