Halliburton has posted a quarterly loss after being hit by a $3.5billion fee it paid to terminating its deal to buy Baker Hughes.
The company said the net loss attributable to Halliburton was $3.21billion in the second quarter ended to June 30th.
This was compared to a profit of $54million a year previously.
Halliburton said its revenue dropped 35% to $3.84billion.