Halliburton, the Houston-based oil-services company, posted a third-quarter profit of $417 million, or 50 cents a share.
The result compares with a profit of $18 million, or 2 cents a share, in the same quarter a year earlier.
The sharp year-over-year increase in earnings reflects the company's stronger performance in the period, as reported by the Wall Street Journal's US business desk.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing