Oil price crashes into negative territory for the first time in history amid pandemic [Reuters]
Halliburton Company (HAL)
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Source: Reuters
Oil price crashes into negative territory for the first time in history amid pandemic NEW YORK (Reuters) - U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut, ending the day at a stunning minus $37.63 a barrel as desperate traders paid to get rid of oil. Brent crude, the international benchmark, also slumped, but that contract was nowhere near as weak because more storage is available worldwide. While U.S. oil prices are trading in negative territory for the first time ever, it is unclear whether that will trickle down to consumers, who typically see lower oil prices translate into cheaper gasoline at the pump. As billions of people around the globe stay home to slow the spread of the novel coronavirus, physical demand for crude has dried up, creating a global supply glut. Traders fled from the expiring May U.S. oil futures contract in a frenzy on Monday with no place to put the crude, but the June WTI contract set
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News
- Halliburton Appoints Shannon Slocum as Executive Vice President and Chief Operating OfficerBusiness Wire
- Halliburton Appoints Timothy A. Leach to Board of DirectorsBusiness Wire
- Halliburton declares $0.17 dividend [Seeking Alpha]Seeking Alpha
- Halliburton Announces DividendBusiness Wire
- Halliburton (NYSE:HAL) had its price target raised by analysts at Morgan Stanley from $26.00 to $30.00. They now have an "overweight" rating on the stock.MarketBeat
HAL
Earnings
- 10/21/25 - Beat
HAL
Sec Filings
- 12/5/25 - Form 144
- 12/4/25 - Form 8-K
- 12/3/25 - Form 3
- HAL's page on the SEC website