Halliburton Tops Estimates as International Demand Strengthens
Halliburton announced second-quarter financial results on Tuesday that exceeded expectations, driven by heightened drilling and completion activity in major international markets. The oilfield services company reported net income of $534 million, or $0.64 per diluted share, compared with $461 million, or $0.55 per share, in the first quarter. Adjusted earnings reached $0.55 per share, while revenue climbed to $5.7 billion from $5.4 billion sequentially. The company achieved an operating margin