Halliburton Co. $(HAL)$ shares are down 5.8% in premarket trades after the oil services provider reported a first-quarter revenue decline, despite beating Wall Street's revenue estimate.
Revenue was $5.417 billion, down from $5.804 billion in the prior year's quarter, but above the FactSet consensus estimate of $5.274 billion. Halliburton's adjusted first-quarter profit of 60 cents a share was in line with the FactSet consensus estimate.
(This is a developing news story with updates to come.)
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April 22, 2025 07:04 ET (11:04 GMT)
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