Halliburton says sand delivery delays to reduce first-quarter EPS by 10 cents

Halliburton says sand delivery delays to reduce first-quarter EPS by 10 cents

Halliburton Co's first-quarter earnings would be reduced by 10 cents per share due to delays in sand deliveries, a company executive said on Thursday.

FILE PHOTO - The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson/File Photo GLOBAL BUSINESS WEEK AHEAD SEARCH GLOBAL BUSINESS OCT 23 FOR ALL IMAGES

REUTERS: Halliburton Co's first-quarter earnings would be reduced by 10 cents per share due to delays in sand deliveries, a company executive said on Thursday.

Chief Financial Officer Christopher Weber, speaking at the Credit Suisse energy summit, said the oilfield services company had been facing delays of up to 72 hours since February.

(Reporting by John Benny in Bengaluru; Editing by Maju Samuel)

Source: Reuters

Bookmark