Russian Oil & Gas Equipment and Services

29.01.2008

Halliburton Co. enjoys 46% income growth


Net income of the American oilfield services provider Halliburton Co. in 2007 was $3,5 billion, up 46% from $2,4 billion of the previous year. Halliburton reported that revenue was $15,3 billion, an increase of 19% from $12,9 billion in 2006. Operating income grew 9% to reach $3,5 billion. Halliburton’s net income for the fourth quarter of 2007 was $690 million. This compares to net income of $658 million in the fourth quarter of 2006.
Revenue was $4,2 billion, up 20% from $3,5 billion in the forth quarter of 2006. Operating income was down 3% - from $923 million to $907 million.


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