Halliburton’s Q2 Profit Rises as Overseas Drilling Offsets Weaker U.S. Market

Halliburton Company (NYSE: HAL) reported on Friday a higher net income for the second quarter compared to the first quarter and to the same period of 2023, as continued strength in international drilling demand offset weaker activity in North America. Halliburton, one of the world’s top three oilfield services providers and leader in the U.S. fracking services market, booked a net income of $709 million, or $0.80 per diluted share, for the second quarter of 2024. The profit was in line with analyst expectations.    The…