Houston Oil Companies Slow Return-to-work Plans as COVID Cases Soar

6/25/20

By Carl Surran, SA

Energy companies have slammed the brakes on returning workers to their Houston offices as new COVID-19 cases in Texas surged past 5,000 in each of the past two days.

Halliburton (NYSE:HAL) says it has delayed for two weeks a second phase of its return-to-work plan.

Chevron (NYSE:CVX) has delayed its reopening plans for further evaluation, and only ~5% of its Houston office staff are currently in their offices.

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