Resumen de Halliburton posts Q1 net loss: ; predicts further rig count drops
"Total company revenue of $7.1bn for the first quarter was down 4% y-o-y, significantly outpacing a 19% global rig count decline, and represented industry-leading performance amidst a challenging commodity price environment," Halliburton's CEO, Dave Lesar, said in a statement.
Halliburton's president, Jeff Miller, said: "What is not unique about this downturn is the customer service company and supplier behaviour is pretty much as you would expect. What is unique is the speed at which this is happening." "As a result, we anticipate a sequential revenue decline in the second quarter. But as a reminder, we typically outpace changes in the average rig count," [Garcia] said.
