Halliburton Revenue Hit by Challenges

As a result of operational challenges, Halliburton missed analyst expectations for the quarter.Halliburton (HAL -4.16%), a leading oilfield services company, reported its earnings for the third quarter of 2024 on Nov. 7. For the period, revenue totaled $5.7 billion, which was below the analyst estimate of $5.83 billion. The report showed a stabilization in revenue growth despite some significant operational challenges such as cyber incidents and adverse weather conditions.The company recorded a net earnings ...