I guess HAL is not in the Daily Geit*ner Spin Coffee Club where everything is "Better-Then-Expected"? So here is some news from the Real World:
"NEW YORK (Reuters) - Oilfield service company Halliburton Co (HAL.N) posted a drop in quarterly profit on Monday, hit by declining spending by energy producers, and warned that the outlook for the coming quarters looked weak."
"Much of the industry weakness has been in North America, where low energy prices have resulted in the idling of about one-third of the rigs used to drill for gas and oil. Analysts expect more of those rigs to stop working in the coming weeks as gas prices remain low."
The MSM does not care about Haliburton now that VP Cheney is out of office...but lower oil and gas produced means much higher prices in the future....as older fields get played out and new ones not being developed