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Halliburton 1st Quarter Earnings Surge [View All]

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Triana Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-20-06 05:48 PM
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Halliburton 1st Quarter Earnings Surge
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Government by Halliburton, of Halliburton, for Halliburton. Is anyone surprised they're making money hand over fist off the backs of Americans paying rediculously high prices for oil and gas? I won't even mention the overpriced, no-bid contracts they were handed with OUR taxpayer dollars in Iraq or the shitty shabby work they did and continue to do on those contracts.
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HOUSTON (Reuters) - Halliburton Co. (NYSE:HAL - news), the world's No. 2 oilfield services company, posted sharply higher first-quarter earnings on Thursday as energy producers continued to spend heavily to boost oil and gas output.

The Houston-based company reported first-quarter net income of $488 million, or 91 cents per share, versus $365 million, or 72 cents per share in the year-earlier quarter.

Net income for the quarter from continuing operations was 90 cents per share, beating analysts consensus forecast of 88 cents per share, according to Reuters Estimates.

Revenue rose to $5.21 billion from $4.78 million a year earlier.

Halliburton, like other energy service companies, has registered a sharp jump in profits over the past two years as soaring energy prices have spurred oil and gas companies to ramp up production.
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  -Halliburton 1st Quarter Earnings Surge Triana  Apr-20-06 05:48 PM   #0 
  - Color me shocked  Horse with no Name   Apr-20-06 05:50 PM   #1 
  - and the game goes on  luckyleftyme2   Apr-20-06 05:59 PM   #2 
  - CROOKS!....N/T  Tight_rope   Apr-20-06 06:07 PM   #3 
  - Weren't they on the verge of bankruptcy before * was elected?  BrklynLiberal   Apr-20-06 06:09 PM   #4 
  - Yes, and that's just comparing 05 to 04. I wonder what their  napi21   Apr-20-06 06:11 PM   #5 
  - I'd like to see their earnings for the past 7 years...  Triana   Apr-20-06 06:27 PM   #8 
     - Well, this info is close to what you're looking for.  napi21   Apr-20-06 06:43 PM   #12 
        - Strange. Where is 2002 and 2003?  Triana   Apr-20-06 10:38 PM   #13 
           - which year(s) were they caught filing fraudulent reports  salin   Apr-21-06 04:49 AM   #18 
              - Well now one of them is part of the 'gov't entity'  Triana   Apr-21-06 09:32 AM   #23 
  - I'LL BE SURPRISED WHEN THEY FILE CHAPTER 7,11 & 13!  Tight_rope   Apr-20-06 06:14 PM   #6 
  - "earnings" ? They meant "pilfering"  rumpel   Apr-20-06 06:27 PM   #7 
  - HA! Exactly. Pilfering the Public Coffers ...  Triana   Apr-20-06 06:37 PM   #11 
  - Business is good....nt  Jayhawk Lib   Apr-20-06 06:31 PM   #9 
  - Cheney's EXPLOITATION policy to profiteer is succeeding.  Just Me   Apr-20-06 06:31 PM   #10 
  - That is B for billion.  Rex   Apr-20-06 11:18 PM   #14 
  - Nothing to see here  killbotfactory   Apr-20-06 11:22 PM   #15 
  - those are your dollars -- and mine -- that Halliburton is reaping . . .  OneBlueSky   Apr-21-06 02:02 AM   #16 
  - When Does the Average American Begin to Grasp the Obvious?...  Peter Frank   Apr-21-06 03:38 AM   #17 
  - Around the time the mainstream media starts reporting on it...  Triana   Apr-21-06 10:28 AM   #24 
  - Kick and Nom for Enron 2, same scam but with Oil.  sarcasmo   Apr-21-06 07:01 AM   #19 
  - This comes as a surprise to exactly nobody.  Starbucks Anarchist   Apr-21-06 07:09 AM   #20 
  - Jeesh this is  dusty64   Apr-21-06 07:27 AM   #21 
  - They'd have lynched Gore or any Democrat for such obvious  Triana   Apr-21-06 10:29 AM   #25 
  - Gear for the troops  oneinok   Apr-21-06 08:19 AM   #22 
     - From what I read, they cut funding for that in the latest budget? (n/t)  Triana   Apr-21-06 10:30 AM   #26 

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