Halliburton profits up 55% as global E&P surges ahead

Company executives warned inflation and supply issues could cause problems through 2022

Strong earnings: Halliburton reported a 55% increase in net income year-over-year in the first quarter of 2022
Strong earnings: Halliburton reported a 55% increase in net income year-over-year in the first quarter of 2022Photo: REUTERS/SCANPIX
Published 19 April 2022, 16:15Updated 20 April 2022, 14:01