Halliburton Co., the world’s second- largest oilfield-services provider, said second-quarter profit increased 54 percent as higher crude prices led to more spending on exploration and production in North America.
Net income rose to $739 million, or 80 cents a share, from $480 million, or 53 cents, a year earlier, Houston-based Halliburton said in a statement today. Excluding employee- separation costs, the company earned 7 cents a share more than the average of 35 analysts’ estimates compiled by Bloomberg. Sales climbed 35 percent to $5.94 billion.
4 comments:
Awesome proof how well capitalism works.
I didn't know Dick Cheney was Obama's buddy.
1210-The US has less than 10% of the worlds' population and uses 25% of the oil. See how the real world works?
12:10
You mean MONOPOLY CAPITALISM?
You might even mean WAR PROFITEERING?
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