Halliburton Posts Fourth-Quarter, Fiscal Year 2009 Losses, but Sees Hope in North America in 2010

SUGAR LAND--January 26, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--Oil and gas industry provider Halliburton Company (NYSE:HAL) (Houston, Texas) reported earnings for fourth-quarter and fiscal year 2009, with net income down 48.1% year-over-year to $243 million for the quarter, and down 48.5% year-over-year to $1.145 billion for the fiscal year. Total revenue was down 24.9% year-over-year to $3.69 billion for the quarter, and down 19.72% year-over-year to $14.675 billion for the fiscal year.