Halliburton Leaves Investors Wanting More in U.S. Shale Recovery
- U.S. and Canada sales up 9% vs 19% jump in region’s rig count
- Analysts expect Halliburton to swing to a profit this year
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Halliburton Co.’s return to profitability in North America wasn’t enough to satisfy investors hungry for faster growth in its biggest market.
The world’s top provider of fracking services failed to keep up with the rapid growth in the shale patch last quarter.