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Halliburton books $1.1 billion charge, cuts spending amid oil rout

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Home Blogs > Business
Apr 20 '20 | By oiam2companyadmin | Views: 44 | Comments: 0

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Halliburton Co on Monday recorded $1.1 billion in impairment charges during the first quarter, lowered its spending forecast for the year, and gave a bleak outlook for North America activity as it grapples with an unprecedented decline in oil prices.
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Source: https://www.reuters.com/article/us-halliburton-results/halliburton-books-1-1-billion-charge-cuts-spending-amid-oil-rout-idUSKBN2221FR?feedType=RSS&feedName=businessNews

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