Shares of oilfield services provider Halliburton Co
The company posted earnings of US$0.41 per share on revenue of US$5.7 bln in the quarter ended March 31. The consensus earnings estimate was for $0.41 per share on revenue of $5.8 bln.
The company posted a 34% jump in first-quarter revenue on the back of rising oil prices, which nudged North American companies to boost oil and gas production. North America jumped nearly 58% to US$3.52bln, while revenue from international operations rose 9%.
Total revenue jumped to $5.74bln from $4.28bln.
Halliburton shares rose 0.08% to US$52 in pre-market trade.