Halliburton Company ( NYSE: HAL ), the largest fracking services provider in North America, sees activity across the shale patch stabilizing as it reported another net loss this year due to reduced demand for oilfield services. “The pace of activity declines in the international markets is slowing, while the North America industry structure continues to improve, and activity is stabilizing,” Halliburton’s chief executive Jeff Miller said in a statement . Halliburton, as well as all other oilfield service providers, has felt the pain from reduced drilling activities across North America and internationally, after exploration and production companies scaled back drilling plans, curtailed production, and removed frac crews and rigs after oil prices and oil demand crashed in March. Halliburton has laid off workers and cut costs since the spring. The company’s completion and production revenues slumped by more than half in Q3 compared to the same quarter of 2019, […]