Thursday, June 25, 2026
Halliburton closes 2019 with $1.7 billion loss-oil and gas 360

Halliburton closes 2019 with $1.7 billion loss

Houston Chronicle Houston oil field service company Halliburton said Tuesday that it closed 2019 with a $1.1 billion loss amid an ongoing shale slump in the United States that has weakened demand for hydraulic fracturing and related services. The loss compare to a nearly $1.7 billion profit in 2018. Halliburton reported $22.4 billion in revenue for the year, a 7 percent