20.04.2015 - We see no reason for the growth of Halliburton shares
Shares of the company Halliburton Co will likely continue to rise after the publication of the report for the first quarter. Thus, the company's revenue fell by 4% to $ 7.1 billion and loss totaled 643 million dollars, which was due to write-downs, fines, dismissal of staff that led the company payment of 823 million dollars. The reason for the fall of the financial performance of the decline in activity in the oil and gas industry due to low oil prices. Given the decline in demand for the company's products, we see no reason to continue for the growth despite the short-term positive.