Investing.com - Halliburton (NYSE:HAL) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Halliburton announced earnings per share of $0.49 on revenue of $5.07B. Analysts polled by Investing.com anticipated EPS of $0.4468 on revenue of $4.71B.
Halliburton shares are up 26.15% from the beginning of the year, still down 34.42% from its 52 week high of $43.99 set on June 8. They are outperforming the S&P 500 which is down 19.62% from the start of the year.
Halliburton follows other major Energy sector earnings this month
Halliburton's report follows an earnings beat by Tsakos Energy on June 30, who reported EPS of $-0.12 on revenue of $101.5M, compared to forecasts EPS of $-0.225 on revenue of $115.3M.
Dynagas LNG had beat expectations on June 28 with second quarter EPS of $0.19 on revenue of $32.64M, compared to forecast for EPS of $0.165 on revenue of $31.36M.
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