0959 ET - Haliburton's North America business beat expectations for 3Q, but the company says on the analyst call it's still facing a challenging market in the region. "Operators are navigating volatile commodity prices as OPEC+ spare capacity returns and trade concerns persist," says Chief Executive Jeff Miller. "The impact is most apparent in North America, where we expect customers to maintain the cautious posture they adopted in the second quarter." Oil prices have slid for much of the year due to concerns about a global oversupply as OPEC+ increases production. That has led oil producers to pull back, hurting Haliburton's oil-services business. (nicholas.miller@wsj.com)
(END) Dow Jones Newswires
Halliburton's North America business beat expectations for 3Q. "Haliburton Sees Challenging North America Market -- Market Talk," published at 9:59 a.m. ET misspelled the name of the company as Haliburton in the headline and article text.
(END) Dow Jones Newswires
October 21, 2025 13:58 ET (17:58 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.