Quartz·1 min read·medium

Halliburton's profit rebounded in Q2 but CEO warns oilfield services market is softening

Colleen Cabili
AI Summary

Halliburton reported a significant increase in net income for the second quarter, reaching $472 million. However, the CEO cautioned that the oilfield services market is beginning to soften.

The oilfield services company posted net income of $472 million in the second quarter, up from $204 million in the prior quarter

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