Halliburton’s net loss in January-September was $ 2.7 billion

News

Halliburton’s net loss in January-September was $ 2.7 billion

22.10.2020 News

The net loss of the American oil service company Halliburton Inc., attributable to the main company, in January-September amounted to 2.71 billion dollars against the profit of 522 million a year earlier, according to the company reports.

Halliburton’s diluted loss per share in the reporting period was $ 3.08 against earnings of $ 0.6 a year earlier. The company’s revenue reached to 11.208 billion dollars, the decrease of 35% in the annual terms.

In the third quarter, Halliburton’s net loss was $ 17 million against the profit of 295 million a year earlier. The loss per share of the company in July-September was $ 0.02 against the profit of $ 0.34 a year earlier. Quarterly revenue fell to 1.8 times year-over-year to $ 2.975 billion, while analysts expected 3.09 billion.

According to Halliburton President Jeff Miller, the company’s results for the third quarter show that the company effectively adheres to its strategic priorities.

Other articles

  • Chevron made a net loss of $ 4.9 billion in nine months
    News

    Chevron made a net loss of $ 4.9 billion in nine months

    The net loss of the second largest American oil and gas company Chevron, which accounts for the parent company, in the first nine months of 2020 amounted to 4.878 billion dollars against a profit of 9.534 billion dollars a year earlier, the company said. The diluted loss per share was $ 2.63 against earnings of […]

  • ConocoPhillips is in talks to acquire rival Concho Resources
    News

    ConocoPhillips is in talks to acquire rival Concho Resources

    American oil and gas giant ConocoPhillips is in talks to acquire rival company Concho Resources, Bloomberg agency reported, citing to the sources that familiar with the matter. “Companies may announce the operation in the next few weeks,” – say the interlocutors of the agency. However, there is no final decision yet, and negotiations may fail. […]

  • The UAE has exceeded the quota for oil production
    News

    The UAE has exceeded the quota for oil production

    In August, oil production in the UAE rose to 2.69 million barrels per day, while under the OPEC + agreement the quota is 2.59 million barrels. This was announced on Tuesday, September 1, Minister of Energy Suhail al-Mazrui. Exceeding the quota of 100 thousand barrels per day was caused, according to the official, by increased […]

  • OPEC+ Countries Decided To Increase Oil Production
    News

    OPEC+ Countries Decided To Increase Oil Production

    On July 15, OPEC + countries decided at a meeting to gradually increase oil production due to improved demand. “During a meeting of the ministerial monitoring committee, both co-chairs, Russian and Saudi energy ministers Alexander Novak and Prince Abdulaziz bin Salman, said that demand for oil was recovering and production could be increased, but the […]

Read also

Halliburton’s net loss in January-September was $ 2.7 billion
News

American billionaire has bought the shares of the IT-company Ciklum

The famous American billionaire George Soros decided to invest to the development of Ukrainian IT-sphere. On the 18th of November 2015, he spoke about buying the part of the Horizon Capital in IT company Ciklum, and a certain amount of assets of Majgaard Holdings Ltd, which is owned by the head of Ciklum Torben Maygaarda. […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

Italian bank Monte Paschi is under the threat of nationalization

Monte Paschi Italian bank turned up under the threat of nationalization. It was reported by international business publication Bloomberg, referring to its own sources. According to official information, currently a European financial institution needs an additional capitalization for the amount of 5 billion euros. However, currently it is impossible to realize such a task, due […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

Skype begins to notify its owners on the raider attacks

Skype Limited company reported about additional service start within the Skype application of the same name. OpenDataBot is a program which is directed to monitoring of information of the entities state registry and operational informing owners on entering of any changes into the register. In other words: service is expected counteraction to raid. It is […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

The Ukrainian startup Moggie raised investments in Sweden in the amount of $ 70 thousand

Until quite recently, the Petcube took the lead position in the Ukrainian niche of gadgets for pets. But a startup team of the Moggie project proved their importance. The company is developing a smart collar for cats and mobile application, which in pairs or individually will allow owners to monitor the health of their pets, […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

Pfizer reported earnings below estimates and lowered its annual forecasts

Shares of Pfizer decreased by 3.2% since the beginning of the year, fell by 1.65% on Tuesday after the company announced the results of the third quarter, which ended on September 30. Pfizer reported a 4% drop in earnings per share (compared to the same quarter in 2019) to $ 0.72, but this was slightly […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

“Kernel” will pay $ 2.4 million penalty charge for contaminated sunflower oil

One of the largest Ukrainian agricultural groups “Kernel”, will pay $ 2.4 million, according to the results of court proceedings, in which it was involved in the case of contamination of the Ukrainian sunflower oil delivered in the EU in April 2008. According to the company report, disclosed on its website on Friday, the court’s […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

Ukraine will pay almost 150 billion debt for the quarter

In the first quarter of 2021, Ukraine will pay the debt of 146.1 billion hryvnias, which is 7.25 billion more than the previous forecast. The data on the website of the Ministry of Finance testify to this. At the same time, peak periods of public debt payments are expected in the second and third quarters. […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

Concern Fiat Chrysler is going to be fined for $ 70 million for statement fraud

One of the most famous car companies will get a multi-million fine for concealment of information in the financial statements for regulators. The supervisory authorities in the US announced that they intend to impose a fine on US-Italian concern Fiat Chrysler in the amount of $ 70 million for a significant underestimation of the number […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

Bank of Japan will conduct the tests of digital currency

The Bank of Japan has announced plans to begin experimenting with the digital currency early next fiscal year. At the first stage, it is planned to test the main functions of the digital currency, including the methods of its issuance and circulation. The second stage involves additional technical experiments. The Bank of Japan may then […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

JP Morgan’s net profit for the nine months fell by 39%

The net profit of one of the world’s largest investment banks JP Morgan Chase (USA) in January-September 2020 decreased by 39% compared to the same period last year and amounted to 16.995 billion dollars, according to the report of the investment bank. Adjusted earnings per share were $ 5.09 against $ 8.15 a year earlier. […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

NASA has signed the contract with Nokia to launch 4G on the moon

NASA has provided to Nokia with $ 14.1 million to deploy 4G (LTE) network on the moon. The US space agency noted that telecommunications networks of this standard will be able to provide more reliable than radio signals, communication on the Earth’s satellite, where it is planned to build the lunar base by 2028. NASA […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

China will not sell TikTok to Americans

Beijing believes that the terms of the agreement of selling the US division of TikTok to Oracle and Walmart threaten China’s national security. According to Reuters, referring to the Chinese the Global Times, Beijing will not accept such conditions. At the same time, there has been no official government statement on the issue yet. The […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

Swiss Luxoft will own the Ukrainian IT-company IntroPro

International company Luxoft (the headquarters – Zug), which develops software and is engaged in the export of IT – services, announced its intentions to buy leading IT – company from Ukraine – IntroPro LLC. It is reported by Ukrainian source Inventure. With regard to the financial terms of the deal – its nuances were not […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
Analytics News

The instruction for the investor if the builder doesn’t fulfil the liability

Considering features of construction business of Ukraine, investors often come up against a situation when the builder isn’t able to fulfil properly the liabilities – whether it be a delay of the termination of a construction or “frost” of an object. As a rule, the majority of cases with liabilities execution suspension by the builder […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

The National Commission of state regulation of the financial services market

The National Commission, carrying out state regulation of the financial services market by its order №1467 agreed to increase participation by Allianz Holding eins GMBH (Austria) in ODO «Allianz Ukraine” (Kiev) to 99.999% by direct acquisition of 99.978% from its share capital.  As reported, at the beginning of this year, the National Commission, carrying out […]

Next
Halliburton’s net loss in January-September was $ 2.7 billion
News

In the United States, the victim of hackers was one of the largest companies of the medical services

The computer system of the American medical company Universal Health Services, which has a membership of over 400 medical institutions, has become the object of attack by hackers that demand the ransom. This was reported by CNBC, citing sources from the company’s employees. According to the TV channel, computers in the various institutions of the […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com