Halliburton falls on lower Q2 profit

Shares of Oilfield services firm Halliburton HAL.N falls 1.% to $20.96 premarket

Company reports a fall in profit for Q2 hurt by weak demand for its oilfield services in North America, Saudi Arabia and Kuwait

HAL posts a profit of $472 million compared with $709 million a year earlier

North America quarterly revenue falls 9% to $2.26 billion, while its Middle East/Asia segment sequentially down due to lower activity across multiple product service lines in Saudi Arabia and Kuwait

Company's quarterly revenue fell 5.5% to $5.51 billion, a year ago

As of last close, shares are down 22.1% YTD