Thread regarding Halliburton Co. layoffs

Jeff Miller Interview today

https://www.hartenergy.com/exclusives/path-forward-halliburton-ceo-jeff-miller-talks-ofs-international-digital-strategies

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| 2691 views | | 12 replies (last June 2, 2020) | Reply
Post ID: @OP+15aiYMSy

12 replies (most recent on top)

Let's make a digital oilfield......... what a bunch of s**t. Cut me some slack baby dave.

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Post ID: @6ojo+15aiYMSy

I’ll send a tuxedo t-shirt to his office.

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Post ID: @3grg+15aiYMSy

@kfn+15aiYMSy agreed but the technology is to reduce the cost of overall operation so that business is sustainable even with lower oil price.

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Post ID: @3apk+15aiYMSy

Jeff is very polished.
As evidenced by well he shines up the t–d sandwich every quarter. During the good times he still couldn't provide a coherent response other than we will work the control points. I would recommend he understands that in order to do that he needs something other than a t–d to proudly discuss.
By the way get a suit lose tshirt

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Post ID: @2gao+15aiYMSy

Nice tie Jeff you would think he would wear a suit.

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Post ID: @2pdx+15aiYMSy

The technology he’s mentioning is replacing/eliminating white collar jobs at North Belt and the other spokes. They’re also trading highly trained white collar employees for poorly trained low cost high turnover contract workers in the new hub in India.

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Post ID: @2sjo+15aiYMSy

Everyone in the field and offices should spend two weeks every other year in the opposite role to get connected with business.

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Post ID: @1ybs+15aiYMSy

Technology in N.America land services is searching for “snake” oil.

Some things are better off going back to basics.

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Post ID: @1qhk+15aiYMSy

Jeff Miller, chairman, president and CEO of Halliburton Co., spoke with Hart Energy’s Jessica Morales about Halliburton’s near- and long-term plans plus an outlook for the oilfield services sector as a whole.

“The strategy is the same and I think what that should tell you is we have our eyes firmly fixed on the future,” Miller said while commenting on Halliburton’s recent decision to slash its quarterly dividend by 75%. “Those are near-term things that we do to manage liquidity, also pay down debt which we know we want to do, and continue to support the technology programs and things that are so important so that, when we do see the recovery, Halliburton will absolutely be in the best position to come roaring out of the downturn or into the recovery. But it takes solid liquidity to make all of that happen and those are the steps you are seeing us take.”

Additionally, Miller said Halliburton, one of the world's largest oilfield service companies, is implementing a North America strategy that lowers its cost. “We are adopting a lot of digital in our processes much faster than we have ever done before,” he said.

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Post ID: @1vie+15aiYMSy

No cliff notes or summary? I’m not wasting or losing any more time I can’t get back listening to a sales pitch from a disconnected baby lesar.

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Post ID: @1fdn+15aiYMSy

Listen to this bull-sh– artist 'Miller' he's got more sh– than a Christmas Goose or is it Turkey.🦚

https://www.hartenergy.com/exclusives/path-forward-halliburton-ceo-jeff-miller-talks-ofs-international-digital-strategies

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Post ID: @1dfx+15aiYMSy

All that technology isn't going to raise the oil price, customers won't pay for it.

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Post ID: @kfn+15aiYMSy

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