Monday, July 23, 2007

Halliburton Second-Quarter Profit More Than Doubles on Gain From KBR Sale

(Bloomberg) -- Halliburton Co., the world's second-
largest oilfield contractor, said second-quarter net income more
than doubled on a gain from selling its government services,
engineering and construction subsidiary, KBR Inc.

Profit climbed to $1.5 billion, or $1.62 a share, from $591
million, or 55 cents, a year earlier, the Houston-based company
said in a statement on Business Wire. Revenue rose to $3.7
billion.


Read more at Bloomberg Energy News

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