As the oil and gas slowdown widens its grip on U.S. firms, analysts, investors and speculators wonder what Halliburton will show in its next quarterly report on Jan. 21, 2020.
Some believe the company that has major operations in Oklahoma and recently let go hundreds of workers resulting in a shutdown of its El Reno command center will show a drop in revenues. It would only be reflective of what prompted the company to lay off the workers and move its El Reno command center operations to Duncan, Oklahoma.
Analysts predict Halliburton could very well post quarterly earnings of $0.29 a share which would mean a year-over-year change of -29.3%. They also predict revenues for Halliburton will be $5.10 billion, which is 14.1% less than a year ago.