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
Oil falls as Trump calls on OPEC to boost output
LONDON (Reuters) - Oil fell on Thursday after U.S. President Donald Trump called for the Organization of the Petroleum Exporting Countries (OPEC) to boost crude production to lower the price of the commodity. International Brent crude oil futures... — read more
Bear of the Day: Halliburton
Halliburton Company is facing a turbulent 2019. This Zacks Rank #5 (Strong Sell) is seeing uncertainty in the energy market which is leading to earnings estimate cuts. North America Weak in Q4 On Jan 22, Halliburton reported its fourth quarter... — read more
They’ve already started layoffs in Texas???
They’ve already started layoffs in Texas. They’re cutting out important training classes, and spending more money on cool new toys. If you work for them you should know we are all just a sap number. Just like the pumps that’s all we are. The... — read more
Halliburton and Schlumberger: Lower Capital Spending in 2019
Lower spending plans The uncertainty about drilling and completions activity in North America caused oilfield services companies to lower their capital spending plans for 2019. Lower demand for completions activity in the fourth quarter of 2018 put... — read more
Addressing offensive anti GE posts
Why the animosity towards GE and BHGE? As a GE alumni I can say there is a significant practices Hal can learn from GE, hence why Hal keeps recruiting GE talent. In fact, I was told during my sperry interview years back that organic Halliburton does... — read more
Don’t Look !!!!!!
don’t look now, but there is currently less than a dollar per share difference between BHGE and HAL - stay tuned !!
Wireline Northbelt hit this week
Confirmed... seen quite a few escorted out by security this week.
Nisku Tech?
Was it shut down this week?
Halliburton Layoffs Confirmed March 2019
Layoffs are happening across the board. Mark Richard wants 10% cut. Happening mid-March.
Trump attacks OPEC again, warning against high oil prices
U.S. President Donald Trump resumed his attacks on OPEC, saying the world is too fragile to handle a price hike and urging the cartel to “relax and take it easy.” Trump’s war of words with the Organization of Petroleum Exporting Countries punctuated... — read more
Technology Layoffs Coming
Budgets have been cut accross the board for technology and the consensus is that they are over capitalized in labor. Headcount reduction talks in progress as we speak. I am in the room now. Be warned, especially WLP
Clueless sing3 technology managers
Thinking back, I do not regret leaving Halliburton . The current technology manager plus the team leads are clueless about what they’re doing. Other than giving useful feedback, they say oh go email this tech advisors in Carrollton, and oh what does... — read more
This isn’t good.
Global oil supply to swamp demand in 2019 despite output cuts - IEA. - The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group's production cuts and U.S. sanctions on Venezuela and... — read more
Post about HR removed?
Kinda funny how fast the disparaging post about corrupt HR got removed
Here's Why You Should Sell Halliburton (HAL) Right Away
Halliburton Company HAL has lost 32.5% in the past year and the struggle is likely to continue as crude volatility has created an uncertainty for oilfield service businesses. The one-year pricing chart shows that Halliburton has underperformed the... — read more
U.S. Stocks Climb on Upbeat Earnings Report
HAL - well, not so much so.
Duncan PGLS moving...guess what’s next
Been here more years than most....missing the good old days.....they start moving all the pgls and a lay-off is coming.....sad they gonna spend all that money putting lipstick on a pig for that 100 year mark but give us the boot at the same... — read more
Artificial Lift Contract Win
I heard on the qtrly call Haliburton won some Artificial Lift contracts in Middle East and Latin America. What did they win and are they looking for hiring subject matter experts?
Halliburton Feels U.S. Fracking Slowdown More Than Schlumberger
The world’s biggest oilfield service companies are feeling the U.S. fracking slowdown as shale producers slash spending forecasts. But Halliburton Co. may be bearing the brunt of the pain while arch-rival Schlumberger Ltd. benefits from its bigger... — read more
#10yearHALchallenge
2009 vs 2019... How much have you changed?
Halliburton Q4 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on lower revenues when Halliburton (HAL) reports results for the quarter ended December 2018. While this widely-known consensus outlook is important in gauging the company's earnings picture, a... — read more
10% RIF in February for NA?
Anyone else hear of this?
Cold Stack
They are preparing to start cold stacking equipment in Duncan again.
Exclusive: Zinke linked to real estate deal with Halliburton chairman
https://www.politico.com/story/2018/06/19/ryan-zinke-halliburton-park-whitefish-montana-647731