Halliburton in freefall as it reports $2.4B loss

OILFIELD contracting giant Halliburton has posted a US$1.7 billion (A$2.4B) loss for the second quarter, COVID-19 and the oil price crash saw its revenue shrink.

Halliburton in freefall as it reports $2.4B loss Halliburton in freefall as it reports $2.4B loss Halliburton in freefall as it reports $2.4B loss Halliburton in freefall as it reports $2.4B loss Halliburton in freefall as it reports $2.4B loss

Halliburton's South Australian HQ.

NYSE-listed Halliburton's  second quarter loss adds to a first quarter loss of $1 billion. 

Much of this was attributed to US$2.1 billion worth of impairments.