The company posted a better-than-expected quarterly profit on Monday, helped by higher revenue and operating income from Latin America, the Middle East and Asia. The average U.S. rig count has fallen about 40 percent since June and was at 1,110 in March, according to Baker Hughes Inc's closely watched survey. Halliburton agreed to buy Baker Hughes for $35 billion last November, a deal aimed at helping both companies weather the slump in oil and resist pressure from oil producers to slash prices.
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