Halliburton Doubles Earnings in 3Q – Proud to be an OFS Driller

Halliburton, the world's second-largest oilfield services (OFS) company and the world's largest vendor of fracking services, issued its third quarter update yesterday. Halliburton reported adjusted net income per diluted share of $0.60/share, more than double from the same period last year. Halliburton boosted sales by more than one-third to $5.4 billion, led by North America. Unlike the world's largest OFS company, SLB (formerly Schlumberger), Halliburton has sold off its Russian operations and no longer does work in that country. SLB continues to work in Russia.

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