Halliburton to add North American fracing crews

HOUSTON (Bloomberg) -- Halliburton Co. expects continued improvement in the North American hydraulic fracturing market and is “immediately” adding crews to begin work later this year. The world’s largest provider of the service that blasts water, sand and chemicals underground to free trapped hydrocarbons, expects third-quarter operating profit margins in the region to be near 20%, the company said in a statement. Second-quarter earnings were 32% above the results from the same period last year. Sales climbed 10% to $8.1 billion.


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Halliburton to add North American fracing crews Halliburton to add North American fracing crews Reviewed by Crude Oil Facilitators on 15:16 Rating: 5

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