SOURCE: Industrial Info Resources

Industrial Info Resources

July 21, 2015 06:00 ET

Halliburton Sees Profits Tumble From Weak Market in Second-Quarter 2015, Cuts Full-Year Capex to $2.6 Billion, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 21, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Halliburton Corporation (NYSE:HAL) (Houston, Texas), a major supplier of products and services to the upstream Oil & Gas Industry, sustained a sharp drop in profits in second-quarter 2015 amid a decline in activity across North American product lines, spurred largely by weaker commodity prices, and costs associated with the company's pending acquisition of Baker Hughes Incorporated (NYSE:BHI) (Houston). Industrial Info is tracking more than $6 billion in active projects involving Halliburton.

Within this article: Details on Halliburton's quarter and projects, including the construction of natural gas storage caverns in England.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, 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 www.industrialinfo.com "Contact Us" page.

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