Club Conspiracy Forums

Club Conspiracy Forums (
-   Share the knowledge (
-   -   Halliburton Records $1.1 Billion Profit in Fourth Quarter (

Insider 01-31-2006 06:10 PM

Halliburton Records $1.1 Billion Profit in Fourth Quarter
By STEVE QUINN, AP Business Writer Thu Jan 26, 9:13 PM ET

DALLAS - Oilfield services conglomerate Halliburton Co. swung to a profit in its fourth quarter on robust sales and increased rig activity, and called last year the best in its 86-year history.

The income reversed a loss from a year earlier for Houston-based Halliburton, the company once led by Vice President Dick Cheney . Its KBR unit has become known for its support work for troops stationed in the Middle East.

Fourth quarter revenue rose 12 percent to $5.8 billion, largely from the performance of its energy services group, which saw sales increase 31 percent

All times are GMT -6. The time now is 03:17 AM.

Powered by vBulletin® Version 3.6.12
Copyright ©2000 - 2015, Jelsoft Enterprises Ltd.