Halliburton Co

HAL: XNYS (USA)
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Halliburton Earnings: Stock Rises on Overly Muted Near-Term Expectations, but It's Not Cheap

Halliburton posted results in line with what we expected, adjusted for impacts related to the Iran war. Revenue of $5.4 billion was flat year on year, though adjusted operating margin declined nearly 2%. Drilling and evaluation and international revenue rose 4% and 3% year on year, respectively.

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