Halliburton eyes multi-year up-cycle for oil markets as activity picks up

21 Tháng Bảy 2021
Halliburton eyes multi-year up-cycle for oil markets as activity picks up © Reuters. FILE PHOTO: The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson/File Photo

By Liz Hampton and Arunima Kumar

(Reuters) -Oilfield company Halliburton (NYSE:HAL) Co on Tuesday said the industry was in the early stages of a multi-year up-cycle, as activity has rebounded from pandemic lows and pricing for some of its services has inched higher.

The Houston, Texas-based company reported a 33.5% jump in second-quarter profit from the previous three months, as higher crude prices buoys demand for oilfield services.

Global benchmark Brent futures rose to over $77 a barrel in early July - the highest since late 2018 - but were trading around $68.54 a barrel on Tuesday amid concerns that a spike in COVID-19 infections could dampen demand just as OPEC+ producers increase supply.

Halliburton Chief Executive Jeff Miller delivered a relatively bullish outlook for the global oil market, anticipating that drilling and completions spending in North America would grow by double digits over the next two years.

He also estimated double-digit growth in international oil activity for the second half of this year compared with the same period in 2020.

"We believe that we are in the early innings of a multi-year up-cycle. For the first time in seven years, we anticipate simultaneous growth in international and North America markets," Miller told investors.

Halliburton said it expected revenue growth in the mid-teens over the next two years.

Shares were up about 2.5% in early trading at $19.85.

Halliburton said net income attributable to company rose to $227 million, or 26 cents per share, in the three months ended June 30, from $170 million, or 19 cents per share, in the first quarter. Wall Street analysts had anticipated earnings of 23 cents per share during the quarter.

The Houston-based company reported $3.707 billion in revenue for the second quarter, slightly missing revenue estimates of $3.735 billion, according to data from Refinitiv IBES data.

Still, analysts said the results were positive, pointing to the earnings beat and improved margins.

"The margin performance that buoyed results should be enough to drive relative outperformance for HAL (Halliburton) today," analysts for investment firm Tudor Pickering & Holt Co wrote on Tuesday.

Rivals Baker Hughes Co and Schlumberger NV (NYSE:SLB) are also scheduled to report their quarterly earnings this week.

Để lại bình luận
28-07-2021 15:19:19 (UTC+7)

EUR/USD

1.1805

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

EUR/USD

1.1805

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

GBP/USD

1.3866

-0.0008 (-0.06%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (10)

USD/JPY

109.96

+0.20 (+0.19%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (3)

AUD/USD

0.7344

-0.0016 (-0.22%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (10)

USD/CAD

1.2586

-0.0014 (-0.11%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/JPY

129.82

+0.14 (+0.11%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (3)

Sell (2)

EUR/CHF

1.0801

-0.0001 (-0.01%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (3)

Gold Futures

1,799.50

-0.30 (-0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Silver Futures

24.793

+0.144 (+0.58%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (4)

Copper Futures

4.5360

-0.0085 (-0.19%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (5)

Sell (3)

Crude Oil WTI Futures

72.02

+0.37 (+0.52%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (5)

Brent Oil Futures

73.86

+0.34 (+0.46%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (3)

Natural Gas Futures

3.853

-0.089 (-2.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

US Coffee C Futures

204.53

-0.40 (-0.20%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (4)

Euro Stoxx 50

4,082.26

+17.43 (+0.43%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

S&P 500

4,401.46

-20.84 (-0.47%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

15,534.50

+15.37 (+0.10%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (2)

Sell (5)

FTSE 100

7,000.55

+4.47 (+0.06%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (8)

Hang Seng

25,421.00

+360.13 (+1.44%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

US Small Cap 2000

2,189.73

-27.19 (-1.23%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

IBEX 35

8,743.00

+43.80 (+0.50%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (0)

BASF SE NA O.N.

65.875

-1.185 (-1.77%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Bayer AG NA

50.22

-0.37 (-0.73%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (0)

Allianz SE VNA O.N.

211.18

+0.90 (+0.43%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

Adidas AG

309.32

+0.32 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (4)

Sell (5)

Deutsche Lufthansa AG

10.039

+0.135 (+1.36%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (0)

Siemens AG Class N

132.60

-0.73 (-0.55%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (0)

Deutsche Bank AG

10.615

+0.010 (+0.09%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (9)

 EUR/USD1.1805↑ Sell
 GBP/USD1.3866↑ Sell
 USD/JPY109.96↑ Buy
 AUD/USD0.7344↑ Sell
 USD/CAD1.2586↑ Buy
 EUR/JPY129.82Buy
 EUR/CHF1.0801Sell
 Gold1,799.50↑ Sell
 Silver24.793↑ Sell
 Copper4.5360Neutral
 Crude Oil WTI72.02Neutral
 Brent Oil73.86↑ Buy
 Natural Gas3.853↑ Sell
 US Coffee C204.53Neutral
 Euro Stoxx 504,082.26↑ Buy
 S&P 5004,401.46↑ Buy
 DAX15,534.50Neutral
 FTSE 1007,000.55↑ Sell
 Hang Seng25,421.00↑ Buy
 Small Cap 20002,189.73↑ Buy
 IBEX 358,743.00↑ Buy
 BASF65.875↑ Sell
 Bayer50.22↑ Buy
 Allianz211.18↑ Buy
 Adidas309.32↑ Sell
 Lufthansa10.039↑ Buy
 Siemens AG132.60↑ Buy
 Deutsche Bank AG10.615↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,660/ 5,715
(0/ 0) # 705
SJC HCM5,650/ 5,720
(-10/ -10) # 709
SJC Hanoi5,650/ 5,722
(-10/ -10) # 711
SJC Danang5,650/ 5,722
(-10/ -10) # 711
SJC Nhatrang5,650/ 5,722
(-10/ -10) # 711
SJC Cantho5,650/ 5,722
(-10/ -10) # 711
Cập nhật 28-07-2021 15:19:21
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,801.04+1.160.06%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2178022210
RON 95-II,III2168022110
E5 RON 92-II2049020890
DO 0.05S1637016690
DO 0,001S-V1672017050
Dầu hỏa1539015690
ↂ Giá dầu thô thế giới
WTI$71.76+0.010.01%
Brent$73.79-0.05-0.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.880,0023.110,00
EUR26.503,7027.882,80
GBP31.128,4532.428,70
JPY204,22214,93
KRW17,2420,98
Cập nhật lúc 15:11:55 28/07/2021
Xem bảng tỷ giá hối đoái