Halliburton - The Oilfield Service Provider Aims to Improve Margins with Cost-Cutting Measures!
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Business drivers: Halliburton (HAL) offers a wide range of products and services related to oil and natural gas exploration and production. Business drivers are mainly the demand for exploration and production of crude oil and natural gas, with suitable solutions provided for both onshore and offshore sectors. In light of the recent decline in oil and natural gas prices, Halliburton's performance has also come under pressure. Adjusted earnings per share fell from 80 to 55 cents in the last Q2, while revenue decreased by 5.5% to $5.51 billion. ...
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