Halliburton: Q3 net income up 31%

(CercleFinance.com) - Halliburton has reported Q3 sales of $5,804m, up 8% y-o-y, with growth in both the Completion & Production division (+11%, to $3,487m) and the Drilling & Evaluation division (+4%, to $2,317m).


Operating income rose 22% to $1,037m, with net income, group share up 31% to $716m. Basic EPS came to $0.79, compared with $0.6 a year ago.

Management said that Halliburton had an impressive Q3, and that its strong margins demonstrated the power of its strategy.


Copyright (c) 2023 CercleFinance.com. All rights reserved.