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Baker Hughes Posts Second-Straight Quarterly Loss as Oil Slump Slams Demand
2020-07-22 15:12:50| OGI
Oilfield services provider Baker Hughes Co. posted its second quarterly loss for the year on July 22 and warned it was preparing for longer volatility after a slump in oil prices crushed demand for its services.
Halliburton Posts Third Straight Quarterly Loss on Shale Slump
2020-07-20 14:44:15| OGI
Houston, Texas-based Halliburton reported a net loss of $1.7 billion, or $1.91 per share, in the second quarter ended June 30, compared with a profit of $75 million, or 9 cents per share, a year earlier.
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Retailer Gap posts near-$1bn loss due to coronavirus
2020-06-05 04:24:42| BBC News | Business | UK Edition
Stores around the world have been forced to shut their doors due to the virus pandemic.
Hess Posts Quarterly Loss, Deepens Spending Cuts on Virus-fueled Oil Rout
2020-05-07 15:11:17| OGI
U.S. crude collapsed this year, and remains down about 60% from January despite a recent rally.
Apache Posts Quarterly Loss as Value of Oil Assets Drops
2020-05-07 11:20:00| OGI
Apache Corp. has evaluated its wells and is taking a "targeted approach" to shut-ins and curtailing output, CEO John Christmann said.
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