Halliburton profit surges on higher international demand

FILE PHOTO: Idle oil production equipment is seen in a Halliburton yard in Williston, North Dakota April 30, 2016. REUTERS/Andrew Cullen/File Photo - Copyright Andrew Cullen(Reuters)

By Reuters

Published on 22/04/2019 - 13:34•Updated 25/04/2024 - 20:48

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(Reuters) - Oilfield services provider Halliburton Co reported a surge in quarterly profit on Monday, as a recovery in demand from its international customers helped offset lower activity in North America.

Net income attributable to the company rose to $152 million, or 17 cents per share, in the first quarter ended March 31, from $46 million, or 5 cents per share, a year earlier.