Halliburton reported on Monday a stronger-than-expected 26% increase in third-quarter profit lifted by very strong demand in North America and a recovery in Canada and its other international markets. The company’s chief Dave Lesar said in a statement the recent drop in oil prices and declines in equity markets have been “unsettling to investors,” however he predicted the company will remain on its long-term course as its international businesses recover and activity improves. The world’s second-largest oilfield services company posted net income of $685 million, or 74 cents a share, compared with $545 million, or 60 cents a share, in the same quarter last year. This article is a linkout, for the full article go to: http://www.foxbusiness.com/markets/2011/10/17/shale-gas-helps-halliburton-profit-beat-street/#ixzz1b99R0DLy