MARKETS

Halliburton's net income more than doubles year-over-year

HALLIBURTON, the world's largest provider of fraccing services, reported on Tuesday that adjusted net income for the third quarter more than doubled from the same period last year, while it expects drilling activity to continue rising in all markets.

Tim Daiss

Halliburton's net income more than doubles year-over-year

The Houston-based company posted a net income of US$544 million, or $0.60 per diluted share, for the third quarter. This compares to net income for the second quarter of 2022 of some $109 million,...

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