Здравствуйте. Вся информация этого сайта бесплатна без рекламы. Вы можете сделать пожертвование и поддержать развитие этого сайта. Спасибо.

Hello. This site is free without ads. You can make a donation and support the development of this site. Thank you.

2015-04-24 21:50:00

HALLIBURTON CUTS 9,000 JOBS

HALLIBURTON CUTS 9,000 JOBS

Halliburton has cut 9,000 jobs in about six months and is considering additional cost-cutting moves as falling oil prices reduce demand for its drilling help.

That's more than 10 percent of the Houston company's workforce.

Halliburton Co. executives disclosed the job cuts Monday on a conference call with investors.

Halliburton reported a $643 million loss for its first quarter, as the oilfield services provider continued to adjust to slumping energy prices that have forced layoffs and other cutbacks at companies across the sector.

The Houston-based company said Monday that it booked about $823 million in after-tax charges during the quarter tied to asset write-offs, severance costs and other items. It also recorded $35 million in charges tied to its pending acquisition of rival Baker Hughes.

A steep drop in oil prices since last spring has forced almost every energy producer to cut expenses and scale back production. Producers are pressuring oil service companies, which manage their oil fields, on costs. Halliburton announced in February that it will eliminate at least 5,000 jobs.

In North America, Halliburton Co. felt pricing pressure and tighter profitability across all product lines due to an unprecedented decline in drilling activity, Chairman and CEO Dave Lesar said in a statement.

On a per-share basis, the company reported a loss of 76 cents in the first quarter. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 49 cents per share.

That beat Wall Street expectations. Analysts forecast, on average, earnings of 41 cents per share, according to Zacks Investment Research.

The company posted revenue of $7.05 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $7.03 billion.

Halliburton shares edged up 18 cents to $47.07 in premarket trading Monday about 1½ hours before the market open. The stock had climbed about 19 percent since the beginning of the year, as of Friday, while the Standard & Poor's 500 index has increased 1 percent. But Halliburton shares dropped about 25 percent in the last 12 months.

permianshale.com

Tags: HALLIBURTON, OIL, PRICES, JOBS

Chronicle:

HALLIBURTON CUTS 9,000 JOBS
November, 22, 11:05:00

NIGERIA & CHEVRON PROJECT &1.7 BLN

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.

HALLIBURTON CUTS 9,000 JOBS
November, 22, 11:00:00

MAERSK-AKER-HALLIBURTON ALLIANCE

OGJ - Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co.

HALLIBURTON CUTS 9,000 JOBS
November, 20, 09:35:00

OIL PRICE: ABOVE $62 YET

REUTERS - Brent crude futures LCOc1, the international benchmark for oil prices, were at $62.56 per barrel at 0439 GMT, down 16 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $56.59 a barrel, up 4 cents, or 0.1 percent, from their last settlement.

HALLIBURTON CUTS 9,000 JOBS
November, 20, 09:30:00

ROSNEFT'S WORLD RECORD: 15000 M

Rosneft as a member of Sakhalin-1 Consortium successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk. The length of the well with horizontal completion is 15000 m which currently is a world record. This is a supercomplex well with DDI (Directional drilling index) of 8.0 and 14,129 m stepout.

All Publications »
Exchange Rates
Date: 00:00 00:00
USD 0.00 0.00
EUR 0.00 0.00
GBP 0.00 0.00
UAH 0.00 0.00
ADR bid ask
GAZPROM 0.000.00
LUKOIL 0.00 0.00
ROSNEFT 0.00 0.00
SURGUTNEFTEGAZ 0.000.00
TATNEFT0.00 0.00