The company, along with most major international oil services companies, had already scaled back operations and written off hundreds of millions of dollars in assets and receivables in Venezuela.
The company posted a net loss of $17 million in the quarter, or $0.02 per share. Adjusted for severance and other one-time charges, earnings came in at $0.11 per share.
Halliburton reported a net loss of $1.7 billion, or $1.91 per share, in the second quarter ended June 30, which included a $2.1 billion impairment charge amid a slump in oil prices and the resulting collapse in drilling.