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.