Halliburton Profit Climbs as Customers Boost Onshore Drilling
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Halliburton Co., the biggest provider of land-based oilfield services in the U.S., said second-quarter profit rose as gains in onshore drilling made up for a halt to new wells in the Gulf of Mexico.
Net income increased to $480 million, or 53 cents a share, from $262 million, or 29 cents, a year earlier, Houston-based Halliburton said today in a Business Wire statement.