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Timothy Smith

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Timothy Smith

Re: fung_derf post# 419

Monday, 04/27/2015 6:57:52 PM

Monday, April 27, 2015 6:57:52 PM

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"Total company revenue of $7.1 billion for the first quarter was down 4% year-over-year, significantly outpacing a 19% global rig count decline, and represented industry-leading performance amidst a challenging commodity price environment. Our global customer base has responded by lowering activity levels and seeking price concessions, which has impacted our margins. As evident by the restructuring charges taken during the quarter, we are taking steps to help mitigate the ongoing impact."

http://seekingalpha.com/article/3106206-is-halliburton-stock-worth-considering-right-now

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty

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