Halliburton income increases as North American oilfield activity accelerates
Published: Monday, 20 October 2014
The increase in net income and revenue for Halliburton highlights that growth in the oilfield sector is not abating, which is good news for producers supplying minerals to the industry such as barytes (barite), bentonite and frac sand.
Halliburton Energy Services, one of the worlds
largest oilfield services providers, saw its Q3 2014 net income
increase to $1.2bn, up from $708m the previous year, owing to
increased industry activity in North America.
Net income per share increased to $1.42, up from $0.79 in Q2