Management has been failing for 10 years. A company does not put itself in this position over night or in a year or due to some Arab jacking down oil prices. Management has failed. Lagging technology is only the tip of the iceberg here. but, is it too late? less talk more action. might be a REALLY GREAT asset for the new third or fourth tier player looking to grow. my gosh I hope the drive is good. And to 73203, yes Halliburton itself carries it's own Red Letter A, or T for toxicity if you are not a literary fan. Provided someone buys sparky, which is an active option to keep the regulators happy, may be a bright spot to hope for and the sooner the better given that the future of oil prices and the glut that is in storage does not bode well. These are three of the most straightforward comments I've seen here. Oh and congrats all for the news on oil-world regarding quasar. just in time. z
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Every time HAL takes over a business, they apply their processes to it and immediately kill any profit the original company had.
If HAL management does not want to fail for the next 10 years all they have to do is take over the core BHI SEC compliant businesses that are leading edge technology. Do not take over BHI non core businesses because that will lead to distractions away from oil services.
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