Thread regarding Halliburton Co. layoffs

Halliburton Sees North America Customers 'Tapping the Brakes'

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Post ID: @OP+Or5c7hl

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No one wants to know what these tu--- think.

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Post ID: @uug+Or5c7hl

This is fairly straight forward advice. The executives are telling you the direction of the business.

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Post ID: @lmk+Or5c7hl

"Today, rig count growth is showing signs of plateauing, and customers are tapping the brakes," said Dave Lesar, Executive Chairman.

"This tapping of the brakes is happening all over the place in North America."

Earlier this month, senior vice president for global business development and marketing at Halliburton, Mark Richard, told Reuters the U.S. shale drilling boom is likely to ease next year as demand on the industry's service sector is unsustainable.

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Post ID: @gar+Or5c7hl

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