Infill Thinking Lifting the O&G knowledge curve
Halliburton hosted what we saw as a generally positive and realistic conference call Monday morning. The stock took a hit, we believe due to slowing NAM cyclical growth overall not because of HAL-specific concerns. The US rig count is pulling back as expected. In that context, Halliburton is focused on the right things in our view, leveraging their scale and operational efficiency to maximize share of the growth opportunity that remains.
The discussion illuminated Halliburton’s position on some key market debates including frac pricing, newbuilds, E&P investments, and sand/well. Here are our takeaways and analysis of Monday morning’s Halliburton conference call…
There’s a lot more to this story…
Login to see the full update…
Members get:
- Exclusive research update newsletters
- High-caliber, data-driven analysis and boots-on-the-ground commentary
- New angles on stories you’ll only find here
- No advertisements, no noise, no clutter
- Quality coverage, not quantity that wastes your time
- Downloadable data for analysts
Contact us to learn about signing up! [email protected]
photo of the day from social media:
بَــــآسِ 바실 on Twitter: “My 3rd anniversary of joining to #Halliburton 28/9 #good_morning 💖 pic.twitter.com/TtzGojYQ9U / Twitter”
My 3rd anniversary of joining to #Halliburton 28/9 #good_morning 💖 pic.twitter.com/TtzGojYQ9U
