SOURCE: Industrial Info Resources

Industrial Info Resources

October 18, 2012 06:15 ET

Halliburton Navigates Tough U.S. Land Market in Third-Quarter 2012, Expects Lower CapEx Next Year, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Oct 18, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Energy services provider Halliburton Company (NYSE:HAL) (Houston, Texas) reported strong revenues but slightly weakened profits in the third quarter of 2012, as record quarterly revenues in the Latin American and Middle Eastern-Asian regions were partly negated by weakened activity and higher costs in the U.S. land market. Net income for the quarter was reported to be $602 million, an 11.86% decrease from third-quarter 2011. Industrial Info is tracking more than $51 billion in active projects involving Halliburton.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "Contact Us" page.

Contact Information

  • Contact:
    Joe Govreau