they have a contract. the reason why their earnings have gone through the roof is that they are THE premier oil service company in the world and the oil price is $90 a barrell. Which by the way is why they got the iraq job. There are maybe 2 other companies in the world that could do that type of work. The part of the company that does the iraq work was actually spun off last year. if it was vastly profitable don't you think they would keep it around rather than spin it off into a seperat company?
I'm not disagreeing with anything you say. Just questioning those who question the idea of them making money. They are doing business in the middle of a war zone, who isn't going to expect large profits on such a venture.