Halliburton
-
Energy Opportunities South of the Rio Grande
By Joshua Bondy - May 24, 2013 | Tickers: XOM, HAL, RDS-B, RDS-A
Mexico has many challenges. Its government needs more money and energy to support a growing population, but Mexico's oil fields are starting to wither away. At the same time, the world's biggest oil companies desperately need to replace their reserves. These two groups are coming together under their common interests in order to increase Mexico's oil production.
Mexico Crude Oil Production data by YCharts
-
Following Warren Buffett Into Chicago Bridge & Iron
By Anh HOANG - May 22, 2013 | Tickers: CBI, HAL, MTRX
In the first quarter of 2013, Warren Buffett accumulated more than 6.5 million shares in the Netherlands energy infrastructure company, Chicago Bridge & Iron (NYSE: CBI). At the current trading price of around $58 per share, Chicago Bridge’s holding is worth $375 million. Since the bottom of 2009, Chicago Bridge has advanced significantly, climbing from nearly $5 per share to nearly $58 per share. Let’s take a closer more »
-
ValueAct Shakes Things Up
By Marshall Hargrave - May 22, 2013 | Tickers: HAL, MHFI, MSFT, MSI
The long-term focused ValueAct hedge fund was founded by Jeff Ubben, the former managing partner of Blum Capital. ValueAct takes a long-term focus, usually making three-to-four new investments per year, running a concentrated portfolio of around 15 stocks and holding each for around three years. Outlined below are ValueAct's latest shakeups to its portfolio during the first quarter (see all the stocks ValueAct loved).
ValueAct did dump a couple more »
-
Should Investors Get Comfortable with This Struggling Driller?
By Nick Chiu - May 20, 2013 | Tickers: HAL, NOV, WFT
Weatherford International (NYSE: WFT), the world’s No. 4 oilfield services provider, offering equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells. The firm had been chasing growth, which resulted margin compression and lowered returns as compared to its competitors. However, the management provided an improving outlook in the latest earnings report.
Recent development
-
Enjoy Solid Long-Term Gains With These Stocks
By Ken McGaha - May 14, 2013 | Tickers: BHI, HAL, IBM, SLB
For oil and gas companies, it is important for reserve replacement to production ratios to be at least at a level of 1; otherwise, they are depleting resources faster than they are finding new products. Some concerns are now being raised that this ratio is weaker than some oil companies are reporting, and that the weakness bodes ill for the industry. However, it bodes very well for the businesses that more »
-
A Newbie Picks ‘Em Like The Hedge Fund Pros
By Meena Krishnamsetty - May 14, 2013 | Tickers: ADT, AIG, AAPL, HAL, QCOM
Incline Global Management was founded by Jeff Lignelli after leaving Appaloosa Management in April 2012. The fund’s initial investor was none other than Appaloosa founder David Tepper, who provided an undisclosed sum to his former employee. With a diversified portfolio representing all the major sectors, including technology, financial and services, Incline’s equity portfolio is currently valued at over $88 million. Over 30% of the total shares in the more »
-
Should You Buy The Companies You Hate?
By Christopher Drose - May 13, 2013 | Tickers: AIG, BAC, BP, C, CMCSA, GS, HAL, JPM, WFC
I recently saw a list of the most hated companies in America. A couple of days later a saw a list of the new most popular stocks among hedge funds and AIG (NYSE: AIG) was also at the top of both of the lists. So I decided to look a little more into the most hated companies and how there stocks have performed this year and every stock is up more »
-
US Natural Gas Exports Won't Save Europe
By Robert Zimmerman - May 12, 2013 | Tickers: APC, CQP, LNG, HAL, WGP, WES
Kirk Spano, columnist and founder of Bluemound Asset Management, LLC, recently opined that US natural gas exports were critical for the long-term stability of Europe. Specifically, he declared, “Without more self sufficiency long term and stable energy supplies intermediate term, Europe could be doomed to decades of instability. Which is where the U.S. comes in.“
“Doomed to decades of instability?” Oh please. As Michael Greenstone, professor of environmental economics more »
-
Today’s Remake of Jed Clampett’s Success Story
By Jeff Stouffer - May 9, 2013 | Tickers: BHI, HAL, IEZ
Remember how each episode of The Beverly Hillbillies started? Sure enough, Jed aimed his shotgun, fired a shot, and oil came gushing through the ground. A more pragmatic result of this simple story is taking place in the oil-services sector. The iShares Dow Jones US Oil Equip. (NYSEMKT: IEZ) is an exchange-traded fund that holds 48 stocks of companies that compete in the oil-services group.
It is the recent positive more »
-
More Oil in the Bakken
By Mark Morelli - May 9, 2013 | Tickers: BRK-B, BRK-A, HAL, VLO
A recent study by the U.S. Geological Survey indicates that, buried in the Bakken shale and Three Forks regions of North Dakota and Montana, there are actually more oil and natural gas deposits than previously thought . Two or three times more, in fact.
If these projections pan out, it can only benefit businesses involved in the production, transportation, storage, processing, and use of said energy supplies. The overall economy more »
-
Company Makes Aggressive Moves into the Healthcare Services Space
By Mike Thiessen - May 7, 2013 | Tickers: A, HAL, ROP
Within the past 12 months, industrial equipment manufacturer Roper Industries (NYSE: ROP) has made two important acquisitions that have the potential to reorder the company's focus and boost its bottom-line earnings.
In mid-2012, Roper inked a $1.4 million cash purchase deal with privately held Sunquest Information Systems, an important player in the laboratory software industry. More recently, the company agreed to purchase privately held Managed Health Care Associates more »
-
Benefits of Investing in Oil Services
By Kiran Gulati - May 7, 2013 | Tickers: BHI, HAL, SLB
Despite near-term economic uncertainties, I believe that in the long run growth in oil demand driven by emerging-market industrialization and rising wealth levels would provide for attractive returns in the well-positioned oil-services equities.
Rising wealth levels have a major bearing on per capita consumption of resources. Countries with 95% of the population earning more than $6,000 annually have per-capita oil consumption that is 12 times more compared to countries more »
-
Oilfield Services is Still in Play
By Ted Cooper - May 4, 2013 | Tickers: BHI, HAL, SLB
Investors have long been bullish on oilfield services, and rightly so. The industry is benefiting from sustained increases in spending on drilling and exploration in both the United States and in international markets. However, a few of these companies still look attractive despite investor hysteria about their prospects.
For instance, Schlumberger (NYSE: SLB) has not experienced the same increase in stock price as some of its peers. This is likely more »
-
Playing the Derivative Oil Play
By Marshall Hargrave - April 29, 2013 | Tickers: HAL, SLB, WFT
It appears there's always value to be found in the rubble. Halliburton (NYSE: HAL) posted first-quarter earnings (excluding oil-spill charges) of $0.67, beating consensus estimates by $0.10, and has been positioning itself nicely following the Deepwater Horizon incident in 2010. Last quarter's results showed an $18 million loss for the first quarter, which includes the $637 million reserve for the oil spill.
The earnings beat was more »
-
This Oilfield Service Stock Is a Buy
By Shas Dey - April 28, 2013 | Tickers: BHI, HAL, SLB
Halliburton (NYSE: HAL) is banking on the increase in the prices of natural gas as a growth driver for its drilling business. The recently released Q1 2013 results demonstrate the good financial performance of the company. The stock has been updated to a buy by various analysts. There are various growth drivers which make the company's outlook positive.
Growth drivers
Growing fracking industry
Fracking is a process of extraction more »
-
Tweedy Browne Value Fund Gets More Bullish on These Stocks
By Anh HOANG - April 27, 2013 | Tickers: BHI, HAL, RDS-A
The Tweedy Browne Value Fund has managed to deliver a nice annual return of 8.82% for the past 20 years, beating the S&P 500's annualized return of 7.70%. The fund, with net assets of $600.5 million, or $21.50 NAV, seeks long-term growth by investing in undervalued securities.
In the first quarter 2013, it added more shares of Halliburton (NYSE: HAL) and Royal Dutch Shell more »
-
The Golden Age of US Energy Needs this Company
By Callum Turcan - April 15, 2013 | Tickers: XOM, HAL, KOG
The US is undergoing a structural change in the energy sector. We are now producing more crude oil than the year before. For the majority of the 21st century, US oil production fell. But with the advent of hydraulic fracking, US oil production rose from 5 million barrels per day (BPD) in 2008 to over 7 million BPD today.
States like North Dakota are leading the charge, with North Dakota more »
-
This Company Could Continue to Outperform
By Piyush Arora - April 15, 2013 | Tickers: BHI, HAL, SLB
The Middle East has been catering to the global crude oil demand for a long time, but the recent political standoffs have negatively impacted its supply. As a result, Brent crude is above the $110 mark and the shortage in oil supply has rapidly fueled oil exploration and production activities. According to a recent report, global oil demand is expected to increase by 6-8% annually and exploring for new reserves more »
-
This Company Could Continue to Outperform
By Piyush Arora - April 15, 2013 | Tickers: BHI, HAL, SLB
The Middle East has been catering to the global crude oil demand for a long time, but the recent political standoffs have negatively impacted its supply. As a result, Brent crude is above the $110 mark and the shortage in oil supply has rapidly fueled oil exploration and production activities. According to a recent report, global oil demand is expected to increase by 6-8% annually and exploring for new reserves more »
-
Oil Service Stocks: Pain Now, Gain Later?
By Bob Chandler - April 8, 2013 | Tickers: BHI, HAL, NBR
Times are tough for oil service companies and they may not be getting better any time soon. These firms have seen demand fall as North American drillers have cut back and with plenty of oilfield service supply added during the 2011 fracking boom, pressure on profits has increased. But as these companies work their way through a tough 2013, the future may be less painful.
Increased supply and falling demand more »
- Page 1 of 8
- »