Markets Business Research Reports Exclusives Economy & Finance Law & Policy

Halliburton Has Made a Habit of Calling the Bottom of Oil Slump

Halliburton Has Made a Habit of Calling the Bottom of Oil Slump

David Wethe

(Bloomberg) -- Halliburton Co. on Monday called the bottom of the worst crude crash in a generation -- again.

The world’s third-biggest oil services provider said the worst of the slowdown in U.S. onshore oil and gas activity will be over during the current quarter. It’s made similar comments over the past three years.

©2018 Bloomberg L.P.

Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES

RECOMMENDED FOR YOU

CFO Leaders: The Making Of Five Star CFOs 
timelogo Jan 14, 2021
Stocks Rise, Treasuries Fall on Stimulus Bets: Markets Wrap
timelogo Aug 19, 2019
Stocks End Record-Setting Week With Further Gains: Markets Wrap
timelogo Jul 15, 2019
The Mutual Fund Show: The Dos And Don’ts Of Online Investing
timelogo Apr 27, 2019

POPULAR

1
HSBC Sees Fed Rate Cut Later This Year; Picks India Over China
2
Auto Sector In Focus | Ask Profit | NDTV Profit
3
Stock Market Live: Nifty, Sensex Off Highs As ICICI Bank, Kotak Bank Weigh
4
BSE Hike In Derivative Trade Price To Lower Impact Of SEBI's Higher Fees; Shares Gain
5
Dabur Q4 Results: Profit Up 17%, Margins Expand