Halliburton Helped by Drilling Boost in U.S.

25 Apr 2017   Shale Oil

Stepped-up drilling for oil in the U.S. may have global producers on edge about oversupply, but the increased activity in the domestic energy sector is a boon for oil-field services firm Halliburton Co. The Houston company reported its first quarterly increase in revenue since the fourth quarter of 2014, when oil prices fell off and started to pressure production. The company said its results in the first three months of 2017…

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