News from the oil patch this weekend seemed to be bullish for the commodity. After a meeting on Sunday, an OPEC official said that indications were that the cartel would keep oil production cuts in place -- news that would normally cause the price to... — read more
U.S. oil drillers cut rigs to lowest count since March 2018
U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with the rig count at its lowest since March 2018, as some drillers follow through on plans to cut spending. Despite those cuts, production in the... — read more
Halliburton shareholders approve compensation, changes
Houston-based Halliburton Co. shareholders voiced approval of the company’s executive compensation and passed a measure changing compensation structure at the company going forward at an annual meeting this week. The shareholder approvals are a shift... — read more
Halliburton CEO talks digital strategy
Houston-based Halliburton Co.’s efforts in digital technology in the energy space aren’t just focused on its customers — it’s consuming the new technology as well, the company’s top executive said. The applications of digital technology in, for... — read more
Sperry Broussard Hit
Many hands let go. Lots of experience gone.
Dude I Went to OTC
and they was several companies there doings offtheshore wind, the solar, storage and renewables. made some contacts, did some networking. Gonna further those contacts this week, maybe get the resume out cause really it dine time to jump this garbage... — read more
Midland BD office hit yesterday
Tough times
DMC
Any word on Duncan Manufacturing Center ? I heard today was the day and then heard next week .. 🤔
More cuts!!!
The onslaught is happening in KILGORE TODAY again!!! Stay tuned
D--g Tests for Office Workers??
Does anyone have experience with d--g tests on the main campus in Houston?
Focal Point 2019?
Hmmm....Will there be focal point this year?
Halliburton Incorporates 1924 not 1919
Check the vintage adds that Halliburton ran back in the day and you will see that the 100 year date should be 2024 instead of 2019. Just another thing Houston got wrong.
Halliburton's Taking Its Foot Off the Gas in the Shale Industry
Investors in Halliburton and other oil services businesses were probably expecting a challenging first quarter, after warnings in the previous quarter that large markets like North American shale drilling have been constrained by a multitude of... — read more
More Layoffs
The reductions are not over folks. They are still happening and more coming. Big changes in management. Getting rid of several positions. Consolidating jobs. I know managers with 20 years that’ve gotten the boot. Give decades to the company just to... — read more
Layoffs again at the big h
So how many layoffs does it take in the USA from big h to realize that you are doing nothing but moving your company overseas cheaper labor so you can post another 5b profit at working Americans cost we made you big and you kicked us to the curb we... — read more
No one is safe
The Halliburton massive lay off cycle seems to come around every 2 - 3 years now and no one is safe. These pst three months I’ve heard about 3 month admin employees to 25+ year VPs getting escorted out the building. I myself was laid off after 18... — read more
Nine Years on Now
https://en.m.wikipedia.org/wiki/Deepwater_Horizon_explosion
#halliburtonhungergames
Any updates on the lay off,
Has Zanesville got hit yet?
How's things going in Ohio?
Halliburton Q1 Earnings Expected to Decline
Halliburton is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2019. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the... — read more
Always trying to impress Wall Street or someone instead of the employee
If they would go back to the principals the company was founded on there would not be a problem ...validation is simple, you are either at the wellhead or in support of someone that is, loose the power towers and the millions that go with them that... — read more
Grand Junction is officially a storefront now!
Grand Junction has pink slipped most of management and support staff. No one is left to attend to the camp.
Layoffs this week
Layoffs In Williston, ND - April 8th/9th. Dozens of employees, from E-techs to Managers. Gone, they even do the layoff over the phone. Do we know if there'll be more this week? If yes, any ideas on what's next on the list to be hit? I'm assuming... — read more
How to quit
If you are thinking about getting off this stinking ship called halliburton please pay attention. First let me ask, when big H is done with you, how do you think they will handle it? Why would you give them anything different? Fair is fair. Then... — read more
HAL Hunger Games!
Happy Halliburton Hunger Games, may the odds be forever in your favor. Have you thought about your RIF survival strategy? Time to be proactive and take control of the situation. Sponsors: Ha! Your sponsor probably was eliminated by M.R. or... — read more
Kilgore layoffs
Started in Kilgore, frac and wireline guys
All ready too late
Layoffs occurring in every Rockies camp. Managers RIF'd, supervisors being demoted. Field employees are being let go. It's just the beginning....
Is there a pay rise this year?
I need the extra money. I haven't heard anything about it.
Rock Springs being gutted.
Wireline hit hard today. 15 or so given transfer to Williston or out right release. Frac supposed to be hit Wednesday.
The Halliburton way
I gave Halliburton 9 years of my life. My wife got 6 in as a nurse. My mother gave them 22. My father just over 25. I’m the only person in my family that didn’t get axed for 1 simple reason. *I left on my own terms, to escape the constant worry. I’ve... — read more
Layoffs in Alvarado Perforating Technology Last Week
They cut 4 people in the Perforating Technology group. So layoffs in Wireline & Perforating are going strong.
Were Hedge Funds Right About Dumping Halliburton Company?
Halliburton Company was in 34 hedge funds' portfolios at the end of December. HAL has experienced a decrease in hedge fund sentiment of late. There were 39 hedge funds in our database with HAL positions at the end of the previous quarter. Our... — read more
U.S. drillers cut most oil rigs in a quarter in three years
March 29 (Reuters) - U.S. energy firms this week reduced the number of oil rigs operating to their lowest in nearly a year, cutting the most rigs in a quarter in three years despite a 30 percent hike in crude prices so far in 2019. Drillers cut eight... — read more