Monday, April 18, 2011

Halliburton Reports Huge 1Q11 Profits

Halliburton reports soaring/record 1Q11 profits.
Halliburton reported first-quarter net income of $511 million, compared with $206 million for the same period last year.
A better link here

Flashback:
March 28, 2011: First hint that there may be some problems in the oil patch when 1Q11 earnings are reported. HAL is already reporting that weather-related issues and unrest in the Mideast will affect earnings
Comment: I wonder what their earnings would have been had there not been weather-related issues or unrest in the Mideast. Smile.

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