Power large Halliburton Firm (NYSE: HAL) Friday introduced monetary outcomes for the second quarter of 2024, reporting a double-digit enhance in internet revenue.
Second-quarter income edged up 1% yearly to $5.83 billion. Weak spot within the North American section was offset by income progress in different geographical areas.
Internet revenue elevated to $713 million or $0.80 per share within the June quarter from $610 million or $0.68 per share within the comparable interval a yr earlier. Second-quarter working margin got here in at 18%.
“In our international markets we see strong demand for Halliburton’s services, high activity levels, and equipment tightness across all major basins,” mentioned Jeff Miller, CEO of Halliburton.