October 21, 2019 / 10:54 AM / 2 months ago

Halliburton profit falls 32% on weak N. America drilling

Oct 21 (Reuters) - Oilfield services provider Halliburton Co reported a 32% slump in quarterly profit on Monday, hit by a slowdown in shale drilling in North America, its biggest market.

Net profit attributable to Halliburton fell to $295 million, or 34 cents per share, in the third quarter ended Sept. 30, from $435 million, or 50 cents per share, a year earlier.

Revenue fell 10% to $5.55 billion. (Reporting by Shariq Khan and Taru Jain in Bengaluru; Editing by Sriraj Kalluvila)

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