Risks to Rating and Price Target Potential liability from involvement in Macondo blowout Halliburton performed cementing services on the ill-fated Macondo well that led to one of the largest oil spills in history. While we continue to believe that Halliburton acted properly throughout the well constru

$1.5bn in cash needed to run the business. As of 1Q14, Halliburton reported $2.1bn in cash on the balance sheet, with $1.2bn of it set aside for a Macondo settlement, which is expected to be resolved within the next 12 months. Mr. McCollum noted that the dividend currently paying out the low end of a