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Could Halliburton’s Returns Improve after 1Q18?

Alex Chamberlin
Could Halliburton’s Returns Improve after 1Q18?

Halliburton (HAL) released its financial results for 1Q18 on April 23. that day, HAL’s stock price reacted positively, rising 0.2% to $52.05. Its earnings beat estimates, and significantly higher revenue from its North American operations backed investors’ renewed interest in HAL’s outlook, which may have provided a tailwind to HAL’s stock price. West Texas Intermediate crude oil rose 0.7%.