Halliburton Company Reports Strong Global Sales in Oil Services Sector

Halliburton Company, a major player in the oil services sector, has been given a neutral stance by UBS.

The company's net sales are primarily derived from construction and production services, accounting for 59.5%, while drilling and inspection services contribute 40.5%. In terms of revenue composition, services make up 71.6% of Halliburton's sales, with the remaining 28.4% coming from product sales.

Geographically, North America is the largest market for the company, representing 45.6% of net sales, followed by the Middle East and Asia at 24.7%, Latin America at 17.3%, and other regions contributing 12.4%.

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