Russia Oil Gas Magazine

Halliburton Increased Net Profit by 16% in the Second Quarter

American oilfield services company Halliburton Co. increased net profit by 16.2% in the second quarter, which was in line with analysts’ expectations, while revenue grew by only 0.6% and did not meet the forecast. According to the company’s press release, its net profit in April-June amounted to $709 million, or …

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Lukoil Net Income Doubled in the Second Quarter of 2013 and reached $2.1 Billion, EBITDA Amounted to $4.4 Billion

Lukoil has published consolidated US GAAP financial statements for the second quarter of 2013. In the second quarter of 2013 the Company’s net income of $2,104 million increased 107% compared to the second quarter of 2012. EBITDA was $4,359 million, which is a 26% y-o-y increase. Sales revenue reached $35,053 million, …

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