Open Demo Account
Home / Market Update / Global Stock Market / Halliburton Posts Losses in Q3

Halliburton Posts Losses in Q3

M. Ali 19 October, 2020 6:37 pm Global Stock Market, Market Update

Halliburton reported quarterly losses for the fourth consecutive quarter, amid disruptions caused by the COVID-19 crisis affecting the global demand for oil.

Revenues decreased to $1.57 billion down by 55% from $3.51 billion for the same quarter last year.

The oil giant posted a net loss of $17 million during the third quarter (Q3) of 2020.

Tags

Check Also

Dollar’s Dilemma Amidst Powell’s Blackout, Trump’s Noise

The US Dollar (USD) is currently mired in a period of intense uncertainty, trapped between …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends