Halliburton doubled profit in fourth quarter

 

An increased dividend—it’s the result of Halliburton Co.’s fourth-quarter adjusted profit that was double from a year ago.

The company said Monday the profit beat the forecasts of analysts and as a result, the oilfield services company lifted its dividend. Halliburton, with a major operation in Duncan, Oklahoma, plans to increase it to 12 cents, up from 4.5 cents previously.

 

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