Oilfield services companies are doing a booming business amid the rush to tap North America’s newfound troves of crude oil and natural gas. The discoveries are pushing U.S. energy employment to its highest level in two decades.
Baker Hughes Inc. on Monday said its income in North America doubled last quarter from a year-ago to $440 million, despite weather-related disruptions in Canada that weighed on results. Last week, Halliburton Co. said its second quarter North American profit more than doubled from a year earlier.
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