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Halliburton 2Q profit jumps 83 percent

Posted on July 19th, 2010 at 16:13 by John Sinteur in category: Robber Barons -- Write a comment

[Quote]:

Halliburton Co. says its second-quarter profit soared 83 percent as natural gas drilling activity picked up in the U.S.

Halliburton is the first of several companies connected to the BP oil spill to report second-quarter financial results. The company, which was hired by BP to seal the Macondo well before it blew up, has seen its stock tumble 17 percent since the April 20 explosion.

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