Rumor has it the consolidation of the Mfg centers that have closed in 2020, are not the end of the North America consolidation. Rather, the beginning of a very long term move away from North American manufacturing to bolstering the repair centers of... — read more
Real Estate Group
So what is going to happen with this non-profit overhead Real Estate Group. They have an excessive budget and free spending at our expense. We pay the for space rates, they bring NOTHING to the table as far as making money. All they do is tell us... — read more
Sperry hiring?
Saw a post on LinkedIn by one of the directors inviting applicants for hardware and firmware engineers to work at Houston and Singapore. If you are out there and looking for a great career you do not want to miss this opportunity.
Bossier,LA,USA
HAL will hire/ fire/ demote/ layoff/ relocate you at their will. Kilgore always operated day to day chasing their arse. Get real leadership in Cementing by sending AJ packing or continue to lose what little work there is. No one with any pride or... — read more
Fox reports 15% reduction coming soon?
Saw this on the ticker whilst watching some Fox Business. I couldn't find it referenced elsewhere, thoughts? Fake News?
HalUniversity
I’ve done sum math and with the current headcount related to stock price while taking into account oil prices.... all Halliburton has to do to get the stock price back to $45 is layoff 20,000 more people (non-salaried, hourly) to lower expenses and... — read more
Other Than Icruise, What Other "Cutting Edge Technology" Does Halliburton Have To Offer?
And, it IS my understanding that Icruise, is NOT working out as Jeff had planned, and pinned all his hopes on.
Current
Anyone at Hal ever wondered why they still work there.. you all b–ch everyday about how bad it is but anyone who still works there probably can’t get a better job and has an IQ of 10.
Design Engr and Test at Carrollton
What is going to happen with Test and the Engineering staff at Carrollton ?
Why is Baker bigger than us?
They’ve had a consistently larger market cap and their stock has performed better than us. Anyone know why?
Halliburton posts fourth straight quarterly loss as oil rout drags demand
https://www.yahoo.com/news/halliburton-posts-loss-oil-rout-105041453.html
What's Happening At The Duncan Manufacturing Center?
Has EVERYBODY been laid off, OR, have a select few been kept on to cannibalize the OLD, WORN OUT equipment, and use the best of the worst to make up a few 'new' fleets of somewhat 'fit for purpose' equipment for when things turn around. Or, did... — read more
Can HAL do better than number 1 in Q3
Schlumberger on Friday posted a third-quarter loss and lower-than-expected revenue as weaker oil prices amid the ongoing coronavirus pandemic and hurricane disruptions continued to impact the oil-exploration sector. The Houston-based company posted a... — read more
Oil and Gas Service Companies
What do you guys think will realistically happen to the large O&G service companies ( Halliburton, Schlumberger, NOV, etc.) in the next year or two? Do you think any of them will go bankrupt or be acquired by someone else or just trim way down and... — read more
Freezing pension or 401(k)?
I’ve heard rumors Exxon & Chevron are considering freezing their pension plans. You think HAL would do the same? Honestly when you look at some of the other companies would it even be a surprise? Exxon dumped the company match and we’re in rougher... — read more
More cuts before end of year?
read this in Yahoo finance today: "Cost-Reduction Efforts Bode Well:The company steadily impressed with its cost-saving measures. Halliburton’s capital expenditure continues to fall as the company reins in its spending levels. For 2020, the... — read more
Halliburton (HAL) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
This is a text book example of cooking the book. We all know who the cook is.
Any news from HCT Singapore or Arbroath UK
Any news from HCT Singapore or Arbroath UK
I'm back!
Been 3 months. Has all sh– talkers found a job yet or are they still posting b—s— in hopes of bankrupting halliburton with their superior intelect and predictions? Will check back in 6 months. See if you got a life yet or not. Good luck! — read more
Thoughts on Halliburton Labs?
They’ve just opened the application for 2021 cohort. Thoughts? It’s a bit weird that no funding is given in exchange for the 5% equity diluted.
Food for Thought
https://www.cnn.com/2020/10/08/business/oil-gas-jobs/index.html
Currently 2 people posting here
1) The disgruntled "green energy" guy who did not last long in oil/gas. He wants to scare you into thinking oil/gas is going away tomorrow because of electric cars charged by fossil fuels. 2) The disgruntled former Sperry guy who tries to scare... — read more
Sperry Lay offs coming soon at NB
If you are in Sperry update your resume soon.
Halliburton stock dropping below 12
Its going to be quite a tough job for Jeff to cook the books this time.
Halliburton will continue shrinking.
Another Oil Major Sees Peak Oil Demand On The Horizon French energy giant Total SE (formerly Total S.A.) spread more doom and gloom into the oil markets today, foretelling of the oil industry's ultimate horror—peak oil demand. In its Energy... — read more
Mr. Miller, I Have A Question
Did YOU consider GIVING Schlumberger a $3 BILLION up-front payment to Schlumberger when they were looking for a buyer for their frac fleet?
3rd Quarter Ending, Profit Or Loss?
And IF Jeff announces a 'profit', how were the books manipulated to show it?
More Lay offs coming soon at NB
A lot of rumors floating around at North Belt about more lay offs in October. Any body has more info?
California bans new internal combustion engines, starting in 2035
Anyone who thinks oil and gas is going to be as strong in the future as it was in the past is a fool. https://arstechnica.com/cars/2020/09/by-2035-new-trucks-and-cars-sold-in-california-must-be-emissions-free/
Are we copying Liberty with our own stealth quiet fleet? Nothing to see here Wall Street.
Frac is dead but we're going to start copying the new industry leader while downplaying e-frac on every conference call? I guess that's the RED way! Power Generator/Electrical Specialist I-II Date: Sep 23, 2020 Location: Odessa, TX, US... — read more
The package is the best thing that can happen at this point
Pioneer is a great company. I spent a decade there and I truly enjoyed it. Let's be honest though. Part of the success the company had was through pure dumb luck and the shale revolution. Just happened to be in the right assets at the right time... — read more
Fool's fracking is dead. move on.
‘Fracking’ Used to Be the Future of Oil Drilling. This Company Is Betting It’s Not Dead Yet. The rise of hydraulic fracturing, or fracking, is one of the most important technological breakthroughs of the past decade, turning the United States into... — read more
Sperry Software move to Singapore
Sperry software should move to Singapore to make it more efficient. The team here is completely useless. their code is inefficient, and the team is just plain lazy.
Another Round of Layoffs to last through the Holidays
Get ready, Halliburton is going for a record 365 days in a row of keeping folks on the wire. I’d say the only safe regions are UK, and Singapore.
Halliburton should pay too.
Charleston aims to force fossil fuel companies to pay $2bn to combat climate crisis A trove of internal documents show oil companies knew from at least the 1960s that burning oil and other fossil fuels would cause the global temperature to rise... — read more
Heard there’s been a technology shake up
Are these rum ours true ? New directors?
All HAIL The NEW #1
From the Energy Section of The Denver Post After laying off hundreds, Liberty Oilfield Services is rehiring and acquiring another business https://www.denverpost.com/2020/09/12/liberty-oilfield-services-optimistic/ Wonder how much Jeff has... — read more
Goodbye Sperry
What is the future of Big Oil without oil? At the extreme of this approach are the pathways sketched out by BP and Italian oil group Eni SpA. These companies claim that in the next decade they will come to resemble a cross between a slimmer version... — read more