Halliburton income rises in Q2

Halliburton income rises in Q2

Houston-based Halliburton said that its income from continuing operations for the second quarter of 2014 was $776 million.

This compares to income from continuing operations for the first quarter of 2014 of $623 million.

Halliburton’s total revenue in the second quarter of 2014 was a record $8.1 billion, compared to $7.3 billion in the first quarter of 2014.

Operating income was $1.2 billion in the second quarter of 2014, 23% higher than operating income of $970 million in the first quarter of 2014 resulting from significant activity improvements in North America and the Eastern Hemisphere.

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Press Release, July 21, 2014; Image: Halliburton