Although oilfield-services giants like Halliburton and Schlumberger both called a bottom on the oil market's slump, the world's largest manufacturer of industrial equipment — Caterpillar — said it doesn't see anything getting better. "We're not... — read more 

I heard there are some going on...

http://www.independent.co.uk/news/world/americas/highest-paid-ceos-worst-performing-companies-research-a7156486.html

Small players are eating up the cementing market.

I think we've hit bottom.

Read the latest report by IOC on the future of international oil companies and their old business model here: https://www.chathamhouse.org/sites/files/chathamhouse/publications/research/2016-05-05-international-oil-companies-stevens.pdf

just curious

Tolteq is a recently acquired supplier of high quality, reliable MWD systems. The iSeries MWD system is a tensor-based MWD platform that provides the highest quality survey, logging, and downhole drilling dynamics data in real-time.NOV purchased... — read more 

Why don't HAL sell off Landmark, it has less and less relevance to their core business and was probably a dumb buy in the first place. It would need figuring how to finance the sell-off, but it would be an attractive company in its own right and... — read more 

Are they impacting my dividends positively or negatively, and they overhead? Are they bloated? Just what the hell do they do?

https://www.yahoo.com/finance/news/why-nobody-helping-america-displaced-000000812.html

When the upswing hits stride and hiring resumes, NEGOTIATE YOUR SEVERANCE PACKAGE UP FRONT !!. Why not? That's what the suits do.

The camp is going down is going to 35 EEs skeleton crew.

Halliburton's failed pursuit of its Houston rival Baker Hughes cost shareholders and employees dearly as the energy services firm reported a multibillion dollar loss in the second quarter and slashed another 5,000 jobs across its global workforce... — read more 

After the second quarter announcement, Jeff, Mark, and Lawrence approached me and told me that their multi-million dollar performance bonuses might not be so good this year. After careful consideration of my own, it has been decided that some... — read more 

All can rest easy no more layoffs we are stuck with what we have ! Unless....... Dave decides hes doesnt luv us anymore! Hmmmm....

We will really strip to the bone! The goal is to shrink to less than 35,000 employees if the oil price does not pick up to $60/bbl by mid-2017. It is understandable... if we have no drilling jobs, no pumping, no fracking, how do we get funds to pay... — read more 

Direct from transcript of the earnings call: “As we prepare for the upcycle, our approach to the market remains unchanged. We remain focused on consistent execution, generating superior financial performance, and providing industry-leading... — read more 

http://fuelfix.com/blog/2016/07/20/halliburton-reports-big-loss-from-baker-hughes-breakup-fee/

EBT here we come

If no new wells, no drilling, need customer needs, then what is HAL using to pay the remaining 45,000 employees? It won't sustain long

I remember in 2013 or 2014, when the oil prices peaked, the number was around 80,000. Now what number is it? 50，000?

If you weren't a field hand first, you shouldn't have a desk job at Sperry. You shouldn't be managing camps, you shouldn't be in R&D and you shouldn't be running corporate. It is Sperry's field hand reputation why sperry kicked assI the past. People... — read more 

Well we're all moved into our lovely new cubes at NB now. What a clusterf--k that was. Word around the office is that Nags and his ilk were expecting a lot more attrition than the 2 lucky bastards who decided not to add the extra 3 hours a day to... — read more 

http://money.cnn.com/2016/07/14/news/economy/oil-jobs-worker-shortage/index.html

Has anyone else been hearing this? Next week supposedly.

Could he win??

NEW YORK (TheStreet) -- Shares of Halliburton (HAL) are down 1.25% to $44.47 this afternoon as oil and natural gas prices fall. Halliburton is a Houston-based services provider to the oil and natural gas industries. Oil is dropping to two-month lows... — read more