Halliburton Co. reported first-quarter net earnings rose rose from a year ago, but adjusted earnings that fell while topping expectations. The stock slipped 0.1% in premarket trade. Net income rose to $152 million, or 17 cents a share, from $46 million, or 5 cents a share, in the year-ago period. Excluding non-recurring items, such as impairment charges, adjusted EPS fell to 23 cents from 41 cents, but was above the FactSet consensus of 22 cents. Total revenue slipped to $5.737 billion from $5.740 billion, but topped the FactSet consensus of $5.53 billion, as completion and production and drilling and evaluation revenue both topped expectations. "As expected, the first quarter activity levels in North America were modestly higher compared to the first quarter of 2018, and we experienced pricing headwinds throughout the quarter," said Chief Executive Jeff Miller. "We believe the worst in the pricing deterioration is now behind us." Halliburton's stock has soared 17% year to date through Friday, while the VanEck Vectors Oil Services ETF has climbed 28% and the S&P 500 has gained 16%.