20.07.2015 - Halliburton cheered investors strong data for the quarter

Halliburton's stock price according to our estimates will grow in the coming days against the background of strong report for the second quarter. Net income was 54 million dollars against 774 million in the same period last year. The company's revenue fell to 5.92 billion dollars against 8.05 billion last year, but exceeded the forecasts of experts 5.8 billion. It is worth mentioning that the company's shares have fallen over the last year due to lower oil prices and may show growth by 18-20% over the next 12 months.

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