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Halliburton: operating profit up sequentially

(CercleFinance.com) - Oil services group Halliburton has reported adjusted net income of 248 million dollars for Q3 2021, or 28 cents per share, with an operating profit of 458 million dollars, up 6% from Q2.


Again sequentially, revenues grew 4% to 3.9 billion dollars, with increases in both North America and international markets, with each division also posting strong margins.

Global structural tensions on raw materials are leading to increased demand for its services, Halliburton said, which believes that it is "uniquely positioned to benefit from this improving environment".


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