SOURCE: Industrial Info Resources

Industrial Info Resources

April 19, 2011 06:45 ET

Halliburton Sees Big Gains in First-Quarter 2011, Despite Setbacks in North Africa, Middle East, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 19, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- For the first quarter of 2011, energy services provider Halliburton Company (NYSE:HAL) (Houston, Texas) continued to benefit from a strong overall performance in its North American segment, as increased demand and stronger prices more than offset difficulties caused by the political turmoil in North Africa, particularly Libya, and the ongoing effects of the suspension of deepwater drilling in the Gulf of Mexico. Net income for the quarter was reported to be $511 million, compared with $206 million in first-quarter 2010.

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