They took the 40 hour guarantee away company wide with hopes that employees will start to quit. The Northeast has 1 of 5 crews (maybe 2 by now) pumping. Work is drying up. Lots of it will be picked up by cheaper competition. Halliburton won't be... — read more
Lil red and lil blue
I hope both companies have to close the doors. Both companies are nothing but fuking piece of sht companies and there CEOs are gay lovers.
~ ~ ~ Sperry ~ ~ ~
Sperry conducts more layoffs, now that they are not going anywhere, the PSL will be stripped down to bare bones. When your a "Radio Shack" PSL, the future isn't bright. #lean&meaningless
Stock price is going up...
Good sign that HAL will recover and gain trusts from market
Hallibortion Executive Compensation
I see our friends at Hallibortion have finally released their Executive Compensation numbers for 2015. In one of the most devastating years in recently history for our business, the Execs received the following compensation. You tell me if they... — read more
Jobs
GE oil and gas & Weatherford are both hiring.
DMC
Be prepared tomorrow boys. Got the last minute word of a decent one tomorrow.
Baroid HIPS-BBMC NV Operations close their doors
Less than two years ago, in June 2014, good ol' Chip Miller and the other Baroid boys cut the ribbon at the official opening of the $26 million dollar barite grinding plant, told to be the largest facility of its kind in the world. Nevada barite... — read more
Halliburton's Bonus Plan Shows Forecasting Oil Price Is Hard / David Lesar could have reaped as much as $5.25 million for his bonus
It seems not even the board of Halliburton Co. thought the price of oil would remain depressed this long. The company’s five top executives missed out on at least $12.2 million in cash bonuses last year after Halliburton posted cash value added -- a... — read more
http://fuelfix.com/blog/2016/04/06/justice-department-files-antitrust-suit-to-block-halliburton-baker-hughes-merger/#28514101=0
After reading this...I hope Halliburton gets everything the DOJ has planned. What a bunch of sneaky ..... You can see the DOJ's lawsuit attached. Interesting to say the least
Halliburton-Baker Hughes Merger Pain Seen Sparking Deals
If Halliburton Co.’s bid to buy Baker Hughes Inc. fails, it may spark a scramble for deals among beaten-down oil-services firms. U.S. antitrust officials sued to stop the merger of the world’s second -and third-largest oilfield companies, Attorney... — read more
You think Halliburton is happy the govt killed the Baker deal?
So do y'all think HAL is relieved that the govt is blocking the Baker deal? Hearing that since Big Oil is canceling lots of their offshore plans, BHI, which is primarily offshore, would be a loss-making machine for years...HAL didn't anticipate that... — read more
Zanesville, Ohio
Why is Scotty still working? ?????
Paal Kibsgaard will join Halliburton as the new CEO so that they can use his expertise to learn how to make successful acquisitions.
The Baker fiasco is hurting real bad.
Divestiture Revolt
How do proposed divestitures revolt? He can one remain focused in good conscience, knowing what we know? There must be a way to show big red we deserve to be treated better. Both Baker and Halliburton employees have been the shuttlecocks in this... — read more
HAL vs DOJ - and Landmark Management live to see another day.
Man, is this your Dave vs Goliath Mexican Standoff or what? Maybe Lesar will hire Donald Trump as part of the high price team to take on this Cluster F*&k!! This is just another colossal waste of time and money just so Dave can show that he has a... — read more
How ya like me now suckas?
Get on your knees before Hussein Obama!
Justice Department files antitrust suit to block Halliburton, Baker Hughes merger
HOUSTON – The Justice Department said it filed court papers on Wednesday to block Halliburton Co.’s purchase of Baker Hughes, the largest oil field services acquisition ever proposed, warning the deal could hamper competition in oil-equipment... — read more
Without a deal, Halliburton and Baker Hughes likely will have to find other ways to ease the pain, including additional layoffs
A looming legal challenge to Halliburton Co.'s multibillion-dollar bid for rival Baker Hughes Inc. could mean more pain for two Houston-based companies already struggling with low oil prices. The Justice Department is preparing to file a lawsuit... — read more
Halliburton's Dying Bid Shows Antitrust Cops Pounding Mega-Deals
The corporate deal-making boom last year was one for the record books. The harder part: Winning the blessing of emboldened antitrust officials in the Obama administration’s last year. U.S. enforcers have turned increasingly aggressive in their... — read more
Carrollton News? Anyone?!?
They still planning on moving 2/3rds of our stuff to Singapore? Cause that's what it seems like has been happening. Gotta take advantage of that slave labor and lower benefits cost. Not to mention the shady costing going on.
What now?
What's in the pipeline for us now?
F---
...that is all.
Schedule
8:45 arrive 8:50 check email, ignore 9:10 Go to life center and get coffee and energy bar 9:30 peaceful walk around the water feature 10:15 hit the gym, blast pecs 11:05 queue at the cafeteria with all,the other busy employees who wait 10 minutes for... — read more
Tool Allowance
We lost it in the Northeast.
US Justice Department expected to sue to block Halliburton from acquiring rival Baker Hughes
WASHINGTON (AP) -- The U.S. Justice Department is expected to sue this week to stop Halliburton Co. from acquiring rival Baker Hughes Inc., according to a person familiar with the matter. The person spoke on condition of anonymity Tuesday because the... — read more
Zanesville, Ohio
What every happen to Mr. Scotty, Glo's buddy
I'd hate to be on the Integration Team today......
Looks like with the merger not happening and current market conditions, the Integration Team members members have got to be sweating bullets. Good luck!
DOJ FILES LAWSUIT TO STOP MERGER!
Well well well..... Now what?