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2020: A year like no other with a Mixed Outlook for Subsea
Equinor’s Breidablikk project in the Norwegian North Sea, with 23 wells, was one of four projects adding to subsea tree order numbers last year. Image copyright Equinor.
On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices, Brent troughing at $23/b – the indicators were all pretty grim. The scary thing is, it could have been worse. But there is light at the end of the tunnel.
Operator
Ladies and gentlemen, thank you for standing by, and welcome to Halliburton s first-quarter 2021 earnings call. Please be advised that today s conference is being recorded I would now like to hand the conference over to Abu Zeya, head of investor relations. Please go ahead, sir.
Abu Zeya
Head of Investor Relations
Good morning and welcome to the Halliburton first-quarter 2021 conference call. As a reminder, today s call is being webcast and a replay will be available on Halliburton s website for seven days. Joining me today are Jeff Miller, chairman, president, and CEO; and Lance Loeffler, CFO. Some of our comments today may include forward-looking statements reflecting Halliburton s views about future events.
Halliburton (HAL) Q1 2021 Earnings Call Transcript msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.