President Trump’s tariffs, global economic concerns, and OPEC oil production hikes have added much more risk and uncertainty to the industry and will continue to deflate the company’s stock price in the near term, Halliburton chairman and CEO Jeff Miller said.
Halliburton was the first of the so-called Big Three oilfield services firms—along with SLB and Baker Hughes—to report its first-quarter earnings, which fell short of analyst expectations as the stock price plunged by about 6% on April 22.
