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Halliburton posts third-straight quarterly loss on shale slump

July 20, 2020 7:06 AM EDT

By Liz Hampton and Shariq Khan

(Reuters) - Oilfield services giant Halliburton Co (NYSE: HAL) posted its third straight quarterly loss on Monday as it took a $2.1 billion impairment charge amid a slump in oil prices and collapse in drilling by North American customers.

Demand for drilling services offered by Halliburton and rivals like Schlumberger (NYSE: SLB) and Baker Hughes (NYSE:... More