July 21, 2014

Halliburton reports strong second quarter results

International energy services giant Halliburton (NYSE:HAL) reported strong second quarter results Monday, with income registering at $776 million, compared with $623 million earned during the same period last year.

“I am very pleased with Halliburton’s second quarter results and continue to be very excited about the momentum of our business for the rest of the year and beyond,´ said Chairman Dave Lesar in a statement.

Houston-based Halliburton, which has significant operations in Colorado, saw total revenue of $8.1 billion during the second quarter.

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“We expect North America activity levels to continue to improve, with margins approaching 20 percent in the third quarter. We have concluded based on the strength of this outlook that we will immediately accelerate additions to our hydraulic fracturing fleet and logistics capabilities, with new crews available for service beginning later this year,” Lesar said.

 

International energy services giant Halliburton (NYSE:HAL) reported strong second quarter results Monday, with income registering at $776 million, compared with $623 million earned during the same period last year.

“I am very pleased with Halliburton’s second quarter results and continue to be very excited about the momentum of our business for the rest of the year and beyond,´ said Chairman Dave Lesar in a statement.

Houston-based Halliburton, which has significant operations in Colorado, saw total revenue of $8.1 billion during the second quarter.

“We expect North America activity levels to continue to improve, with margins approaching 20 percent in the third quarter. We…

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