Halliburton’s Q2 revenue up 7%, increased tools sales seen in Guyana - Panorama Insurance Brokers

Halliburton’s Q2 revenue up 7%, increased tools sales seen in Guyana

Halliburton Company announced on Tuesday that its second quarter (Q2) revenue increased 7% sequentially as both North America and international markets continued to improve, and operating income grew 17% with solid margin performance in both divisions.

The company recorded net income of $227 million for Q2 2021 compared to net income of $170 million in Q1. Its total revenue for Q2 was $3.7 billion, compared to revenue of $3.5 billion in the first quarter of the year. Operating income was $434 million in Q2 compared to $370 million in Q1.

Read more at OilNOW.gy