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Halliburton Posts Fourth Straight Quarterly Loss as Oil Rout Drags Demand

2020-10-19 15:17:49| OGI

Halliburton still beat analyst estimates earning 11 cents a share versus expectations of 8 cents per share.

Tags: posts loss oil straight

 

Schlumberger Posts Third Straight Quarterly Loss as Oil Rout Hits Services Demand

2020-10-16 15:18:13| OGI

Total revenue plunged 38% to $5.26 billion.

Tags: services posts loss hits

 
 

Schlumberger Posts Quarterly Loss as Oil Rout Triggers $3.7 Billion Charge

2020-07-24 15:11:05| OGI

Oilfield services giant Schlumberger NV on July 24 reported its second straight quarterly loss after recording a $3.7 billion charge related to thousands of job cuts and a major pipeline outage in Ecuador.

Tags: posts loss charge oil

 

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.

Tags: posts loss oil spending

 

MPLX Abandons Permian Basin NGL Pipeline Plans amid Oil Price Rout

2020-05-05 22:00:00| OGI

MPLX LP said May 5 it is no longer pursuing a Permian Basin to Gulf Coast NGL pipeline, called BANGL, after a collapse in oil prices.

Tags: price plans oil basin

 

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