Halliburton Is Targeting Revenue Growth Due To Enhanced Drilling And Production Activities

Hallibirton is targeting to report revenue growth and stronger operating margins from elevated international drilling and production activity.
in 2027, even without a recovery in U.S. hydraulic fracturing, signaling a shift in where the oilfield services industry expects to generate future earnings.
The Houston-based company forecast mid-single-digit revenue growth next year and operating margins of approximately 15 per cent, an improvement of roughly 200 basis points. 
Management said its outlook assumes flat North American activity rather than a rebound in domestic pressure pumping demand.
Halliburton reported third-quarter revenue of $5.7 billion and adjusted earnings of $0.60 ...