Halliburton Sees Signs of Hope in North American Sales

SUGAR LAND--October 20, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Oilfield services giant Halliburton Company (NYSE:HAL) (Houston, Texas) sent some good vibes through the domestic Oil & Gas Industry when it reported a North American sales boost for third-quarter 2016 from the previous quarter--its first since the downturn in commodity prices began in late 2014. Sales in the U.S. and Canada had plunged by more than two-thirds during that period as customers cut spending, but of late Halliburton has been picking up business from oil producers that are beginning to ramp up operations. Industrial Info is tracking $7.18 billion in global projects involving Halliburton.

Within this article: Details on Halliburton's quarter and active projects, including a massive project in Norway's North Sea and a proposed expansion in Nevada.