Halliburton executive says co to continue cutting cost in n. america - conference call
Halliburton says for 2020, see more international top line, margin growth opportunities coming for mature fields and shallow water markets - conf call.halliburton says stacked more equipment in q3 than first six months of the year.halliburton says "will keep reducing cost in our north american operations" after recent job cuts.halliburton says for q4, sees customer activity to decline across all basins in north america land, impacting both drilling and completion business.halliburton says for q4, feedback from customers lead co to believe rig count, completions activity maybe lower than in q4 last year.halliburton, after recent job cuts, says in q4 plan to undertake further cost reductions by streamlining operations and corporate functions.halliburton says watching trend of deceleration of incremental u.s. production growth brought about by capital discipline.halliburton says record-breaking 2018 production growth will not be replicated in 2019.halliburton says current projections for 2020 indicate a further decline in production from the current year estimates.halliburton says expect equipment attrition to continue into 2020.halliburton co - 2019 capex guidance remains unchanged.halliburton- in q4, for drilling & evaluation, see sequential revenue to be flat to up low single digits, with margin improvement of 425-475 basis points.
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