On Air Now

Listen

Listen Live Now » 92.5 FM Sioux Falls, SD

Weather

Current Conditions(Sioux Falls,SD 57104)

More Weather »
47° Feels Like: 40°
Wind: WNW 16 mph Past 24 hrs - Precip: 0.26”
Current Radar for Zip

Today

AM Showers 67°

Tonight

Clear 39°

Tomorrow

Mostly Sunny 73°

Alerts

Halliburton profit surges 31 percent as drilling booms outside North America

The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson
The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson

(Reuters) - Halliburton Co reported a 31 percent rise in quarterly profit as the world's second-largest oilfield services company's push into global markets more than made up for weakness in North America.

Income from continuing operations rose to $770 million, or 90 cents per share, in the fourth quarter ended December 31, from $589 million, or 63 cents per share, a year earlier.

Revenue rose 5 percent to $7.64 billion.

(Reporting by Swetha Gopinath in Bangalore; Editing by Don Sebastian)

Comments