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Halliburton reports a quarterly loss and continues to expect pain in the oil industry
2016-01-25 14:26:37| Oil & Gas - Topix.net
The second big fourth-quarter earnings report from an energy company is out, and it's telling pretty much the same story about the sector's struggles. It reported a net income loss per share of 79 cents for the full year.
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U.S. Unsatisfied With Halliburton Merger Plan
2015-12-16 00:11:42| Oil & Gas - Topix.net
U.S. antitrust officials aren't satisfied with Halliburton Co.' s proposals for clearing its purchase of oil services rival Baker Hughes Inc. and don't expect to make a decision until next year, according to a person familiar with the situation.
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merger
halliburton
Baker Hughes - 20% Upside Via The Halliburton Acquisition And More
2015-12-03 06:49:19| Oil & Gas - Topix.net
Back in November of 2014, Halliburton announced a $35 billion acquisition of Baker Hughes , the largest oil field services M&A deal in history. This encompasses combining two global companies with 120,000 people in more than 80 countries while delivering on nearly $2 billion of projected synergy within two years and up to $7.5B in divestment.
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Halliburton Is Thriving Despite North American Weakness
2015-10-21 06:12:42| Oil & Gas - Topix.net
The company is positioned to turn the weakness is North America into a strength after the Baker Hughes deal finalizes. The quarterly results for Halliburton were nothing special, but nonetheless impressive considering the massive reduction in North American drilling.
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american
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Halliburton cuts more jobs as fracking hit worst in oil downturn
2015-10-19 23:55:27| Energy - Topix.net
Halliburton cut another 2,000 jobs in the past month as the worst oil market slump in decades saps demand for work at the world's largest provider of fracking services. The Houston-based company said the first quarter of next year may represent the lowest point for its North American profit margin as customers start fresh with new spending budgets for 2016 and tap Halliburton's pressure-pumping expertise to start new wells.
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