Halliburton shares jump 2% premarket as Q2 profit tops estimates

Halliburton Co. shares rose 2% in premarket trade Tuesday, after the company posted stronger-than-expected profit for the second quarter. The energy services company said it had net income of $227 million, or 26 cents a share, in the quarter, up from $170 million, or 19 cents a share, in the year-earlier period. Revenue rose to $3.707 billion from $3.451 billion. The FactSet consensus was for EPS of 22 cents and revenue of $3.710 billion. Completion and production revenue was up 10% at $2 billio

Read More