Halliburton Is Playing The Long Game
- Tuesday, July 28, 2020, 7:12
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With a steep decline in total active rigs in the U.S. and across the world, Halliburton’s revenues fell 46% (y-o-y) to $3.2 billion in the second quarter. However, the company reported a positive operating cash flow as the $1 billion of net loss primarily includes depreciation and impairment charges