Halliburton Boosts Dividend 20%

摘要

Halliburton increased its dividend by 20% as the oilfield services company laid out plans to boost North American profit margins by 2 percentage points next year through cost reductions alone. Pricing in the North American oilfield market remains competitive due to spare service capacity, as a natural gas production glut forced operators to scale back plans, Halliburton told a meeting between company executives and analysts.