Halliburton expects to grow its external sales by 2020

Halliburton, a US oil services and outsourcing company, said on Monday that its 10 percent growth in overseas sales this year would be offset by a slowdown in the US market for field services. oil tankers with cracking technology.

Halliburton's statement confirms the US petroleum services company Schlumberger Limited last week, noting that its international revenues are improving as it expects a reduction in its operations in North America in the fourth quarter of 2019.

"We continue to build on the momentum of international growth and successfully manage market mechanisms in North America," Geoff Miller, General Manager of Halliburton, said in a statement.

Halliburton said that global revenue growth in the second quarter of this year was 6% higher than in the first quarter, while its US business turnover only increased by 2% over the same period.

The company 's shares rose 8.3% on the New York Mercantile Exchange today, the largest single – day increase since November 2016.

Halliburton incurred pre-tax expenses of $ 247 million in the second quarter of this year related to lower badet values ​​and layoff costs.

At the same time, Bloomberg said Halliburton's earnings per share in the second quarter of the year excluded non-recurring items of 35 cents, which was higher than badysts' expectations.

Luc Lemmon, an badyst at Capital One Securities, said Halliburton's cracking business had driven earnings growth, with operating income up 28 percent from the first quarter of this year, helped in part by higher profits. sales of crushing equipment outside United States and Canada.