Halliburton Swings to Profit as Explorers Get Back to Work

Halliburton Co. eked out a surprise profit in the third quarter as the world’s second-largest oil services company gained business from oil producers that are beginning to ramp up operations following the worst crude-market crash in a generation.

After calling the bottom of the oil cycle three months ago, Halliburton reported its first North American sales boost since the downturn began in late 2014. Sales in its largest market climbed 9 percent  to $1.66 billion compared to the second quarter.

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