Halliburton Q4 Preview: North American Completions and Production Could Drive Earnings

We do not expect the weakness in the oil markets to have impacted Halliburton's Q4 earnings, since upstream activity typically responds to sharp oil prices declines with a delay, given the contract-driven nature of oilfield services. We expect the company to post year-over-year earnings growth for Q4, driven largely by the performance of the North American completions and production segment. That said, we believe that the near-to-medium term outlook for the company could be challenging, as both ...