HAL - Halliburton to lay off 200-plus workers in north Texas

Halliburton ([[HAL]] -0.3%) says it will lay off 216 employees at Halliburton Energy Services in Carrollton, Tex., as the pandemic continues to depress demand for oilfield services and equipment.The facility is expected to remain open, the company tells the Texas Workforce Commission.Halliburton this year has laid off 1,000 employees at its Houston headquarters and 350 workers in Oklahoma.The company in October reported a Q3 GAAP loss of $17M, its fourth straight quarterly loss.Halliburton will benefit from increased demand from an improving economy in 2021, and investors with a moderate risk profile should consider the stock, Fluidsdoc writes in a bullish analysis recently posted on Seeking Alpha.

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Halliburton to lay off 200-plus workers in north Texas