Halliburton posts higher first-quarter profit

Kitco Media
By Reuters
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Updated:
Reuters
April 25 (Reuters) - Halliburton Co reported higher first-quarter profit on Tuesday, wrapping up upbeat earnings from the world's top oilfield services providers as higher oil prices encouraged drilling activity and boosted demand for services and equipment. The Houston-based company said net income attributable to the company stood at $651 million, or 72 cents per share, for the three months ended March 31, compared with $263 million, or 29 cents per share, a year earlier. (Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj Kalluvila)

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