Halliburton Company NYSE HAL reported on Friday a higher net income for the second quarter compared to the first quarter and to the same period of 2023, as continued strength in international drilling demand offset weaker activity in North America. Halliburton, one of the world’s top three oilfield services providers and leader in the U.S. fracking services market, booked a net income of $709 million, or $0.80 per diluted share, for the second quarter of 2024.
5 billion, primarily driven by decreased pressure pumping services and lower activity across multiple product service lines in the Gulf of Mexico. Partially offsetting these declines were increased drilling-related services in Canada and U.S. onshore, higher wireline activity in U.S. land and the Gulf of Mexico, improved pressure pumping services in Canada, and increased cementing activity in the Gulf of Mexico, the company said.