Video: Haliburton Profits Will Be Nicked by Pemex Production Cuts

Haliburton (HAL) shares are getting pinched today after the Number 2 oilfield services company said production cuts from Petroleos Mexicanos will shave two cents off of fourth quarter earnings. Pemex, Mexicos state-owned oil company, has seen production fall as its reserves decline.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.

Video: 07/20 Halliburton's 2Q Profit Takes a Beating

07/20/09 Oilfield services company Halliburton (HAL) announced Monday that its 2Q earnings plunged 48%.

Watch now:

Watch more from the markets now:

Bookmark Market News Live and drop back whenever you need to stay ahead of today's markets.