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7

Halliburton

JUST A COUPLE of years ago, Dave Lesar had the corner office job no one in his right mind would want. As CEO of Halliburton, the huge oil-services construction-contractor firm, Lesar faced an energy slump depressing his core oil-and-gas services business, billions in unsettled asbestos liabilities, and political hot potatoes ranging from previous CEO Dick Cheney’s compensation to controversial no-bid contracts in Iraq. Deal with them he did. The former Arthur Andersen accountant certainly benefited from sky-high energy prices, which have lifted all ships in the sector. Still, Lesar was able to put Halliburton’s asbestos issue to rest by paying more than $4 billion into a trust intended to compensate more than 400,000 claims. He has also begun the process of separating Halliburton from its chronically controversial Kellogg Brown & Root construction unit. The first step is a probable IPO for 20% of KBR’s shares, expected later this year. Halliburton stock, which traded in the single digits in early 2002, recently hit $70. And the outlook is bright, as long as global economic growth doesn’t peter out.

Company Info

2005 Rank

129

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COMPANY INFO

HAL

Market Value
$ Million

34,884.0

Total Return
$ Million
(1-yr.) 56.5
(3-yr.) 252.6
2005 Sales
$ Billion

21.0

Sales Growth
$ Million
(1-yr.) 3
(3-yr.) 19.6
Long-Term Growth Est. %

15.0

Net income
$ Million

2,357.0

Net Income Growth
$ Million
(1-yr.) 512
(3-yr.) 163.7
Net Margin %*

11.2

Return on Inv. Capital (%)*

25.3

Share Price
12-Mo. Hi/Lo

82/40

P/E Ratio

15

Industry Energy
CORPORATE WEB SITE
More in S&P 500 Companies Scoreboard >
*Trailing 12 months
Company data as of 2/28/06 provided by Standard & Poor's Compustat

David J. Lesar

David J. Lesar, 52

CEO since 2000


PHOTO BY bloomberg news


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