"The U.S. ban on deepwater exploration will cut into company profits. But Halliburton has been able to boost earnings anyway through its land-based business, particularly operations involving horizontal drilling of shale gas deposits."
"The Houston oil and gas service company reported net income of $480 million for the April-June period, up from $262 million a year ago."
"Completion and production income in North America increased $173 million. Income from drilling and evaluation increased by $38 million in the US , primarily because of higher horizontal drilling activity on land."
"Revenue jumped 26 percent to $4.39 billion from $3.49 billion a year ago."
Hallibuton Co. last year:
#355 in the Forbes Global 2000
Sales: $14.68 Billion
Profit: $1.15 Billion
Assets: $16.54 Billion
The Halliburton Loophole has allowed a
FRACKING FRENZY across our country.
Mr Cheney knew exactly what he was doing.
Halliburton Frac Dance
WE'RE GONNA NEED
A BIGGER BOAT