All Posts Tagged With: "HAL"

(FTK) Playing the Energy Boom

The best advice I have ever been given about playing the energy boom in North America is to buy companies that don’t take the risks: Buy oil and gas services, not explorers and developers. And one of the best energy service plays I have seen to date is Flotek (NYSE: FTK). This...

21Feb2014 | | Comments Off | Continued

(HAL) Halliburton: Still a Good Value

Shares of Halliburton Co. (HAL) are trading near their 52-week high of $43.96. In fact, the Houston, TX-based oilfield services behemoth has seen its stock price climb some 20% since the beginning of the year. Despite this price...

23May2013 | | Comments Off | Continued

(CVX) Oil and Gas Stock Outlook – May 2013 – Zacks Analyst Interviews

OUTLOOK Crude Oil Record-high U.S. crude stocks, a struggling European economy, worries about China’s growth outlook, and the strong dollar have weakened oil prices to around mid-$90s a barrel. Partly offsetting this unfavorable view has been the improvement in domestic...

17May2013 | | Comments Off | Continued

(HAL) Will Halliburton Report a Rare Earnings Miss?

Major oilfield services provider Halliburton Co. (HAL) is set to release its first-quarter 2013 results before the opening bell on Monday, Apr 22. In the preceding three-month period, Halliburton delivered a positive 3.28% earnings...

2May2013 | | Comments Off | Continued

(IBM) Into the Heart of First Quarter Earnings Season – Earnings Preview

There is an air of disappointment in the market about the ongoing Q1 earnings season. Some of it is justified. After all, what else should investors think when companies like IBM (IBM) and GE (GE)...

22Apr2013 | | Comments Off | Continued

(IBM) The Market Now Moves Into the Heart of the First Quarter Earnings Season – Earnings Preview

There is an air of disappointment in the market about the ongoing Q1 earnings season. Some of it is justified. After all, what else should investors think when companies like IBM (IBM) and GE (GE)...

19Apr2013 | | Comments Off | Continued

(SLB) Schlumberger Limited Reiterated at Neutral

On Jan 31, we reaffirmed our Neutral recommendation on the leading oilfield services company Schlumberger Limited (SLB), following its fourth quarter results. The company’s strong performances in the Gulf of Mexico (GoM) region,...

4Feb2013 | | Comments Off | Continued

(AAPL) Fourth Quarter 2012 Earnings Season Gets Into High Gear – Earnings Preview

The fourth quarter reporting season gets into high gear this week, with 253 companies coming out with quarterly results, including 83 S&P 500 companies. The earnings season thus far has been relatively uneventful, but we will have a better idea by the end of this week; by then we will have seen...

20Jan2013 | | Comments Off | Continued

(APC) Natural Gas Supplies Down by 82 Bcf

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected decrease in natural gas supplies. However, the storage withdrawal – the fourth for the winter heating season – was lower than both last year and the five-year average, thereby indicating continued bearishness. About...

26Dec2012 | | Comments Off | Continued

(APC) Gas Stocks Dip Below Year-Ago Level

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected decrease in natural gas supplies on account of slightly lower production. The storage withdrawal – the third for the winter heating season – has also pushed down natural gas stocks below the year-ago level...

10Dec2012 | | Comments Off | Continued

(APC) Natural Gas Storage Scales New Peak

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies, reflecting the commodity’s brisk use for space heating by residential/commercial consumers and lower imports from Canada. Despite the relatively soft (and below estimate)...

29Nov2012 | | Comments Off | Continued

(APC) U.S. Natural Gas Stockpiles Shrink

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected decrease in natural gas supplies on account of the advent of cold weather that prompted  the commodity’s brisk use for space heating by residential/commercial consumers. The storage withdrawal – the second...

27Nov2012 | | Comments Off | Continued

(APC) U.S. Natural Gas Supplies Up by 72 Bcf

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies, reflecting the commodity’s brisk use for space heating by residential/commercial consumers amid essentially flat supply. Despite the relatively soft (and below estimate)...

16Oct2012 | | Comments Off | Continued

(EIA) Natural Gas Supplies Up by 77 Bcf

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, as overall domestic consumption fell amid an increase in production. Gas stocks – currently some 10% above the benchmark average levels – are at their highest point...

9Oct2012 | | Comments Off | Continued

(EIA) Natural Gas Supplies Up by 67 Bcf

The U.S. Energy Department’s weekly inventory release showed an in-line increase in natural gas supplies, as domestic consumption – reflecting air conditioning demand – declined with temperatures falling from their summer highs. Additionally,  production level remained strong. Gas...

9Oct2012 | | Comments Off | Continued

(HAL) U.S. Natural Gas Supplies Surprise Increase According to U.S. Energy Department

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, as domestic consumption – reflecting air conditioning demand – declined with temperatures falling from their summer highs. Additionally, production level remained strong. Gas...

1Oct2012 | | Comments Off | Continued

(XHB) Stock Market News for September 27, 2012

European debt concerns and disappointing housing data dragged the benchmarks into the red for the third straight day. Moreover, with five-straight days of losses, the Standard & Poor 500 (S&P 500) suffered the longest decline since July 12. The Dow Jones Industrial Average (DJI) lost...

27Sep2012 | | Comments Off | Continued

(HP) U.S. Natural Gas Inventories Swell

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, reflecting the commodity’s tepid use for power generation, as temperatures fell from their summer highs. Moreover, the build came in ahead of the five-year average addition...

5Sep2012 | | Comments Off | Continued

(APC) Natural Gas Supplies Up by 47 Bcf

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, reflecting the commodity’s tepid use for power generation, as temperatures fell slightly from their summer highs. However, the build came in well short of the five-year average...

31Aug2012 | | Comments Off | Continued

(ROP) Roper Industries Makes Another Acquisition

Roper Industries Inc. (ROP) recently completed the acquisition of privately-held Sunquest Information Systems Inc. for approximately $1.415 billion, including $25.0 million in cash tax benefits. Roper used its available...

28Aug2012 | | Comments Off | Continued

(DVN) Another Cut in Natural Gas Surplus

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies, reflecting the commodity’s brisk use for power generation in the face of extreme summer temperatures. Despite the relatively soft (and below estimate) supply build,...

24Aug2012 | | Comments Off | Continued

(BHI) Baker Hughes-Statoil in Norwegian Continental Shelf Deal

Oilfield services provider Baker Hughes Inc. (BHI) announced that it has won Norway-based Statoil ASA’s (STO) new drilling service contract for 25 fields on the Norwegian...

22Aug2012 | | Comments Off | Continued

(EIA) U.S. Natural Gas Storage Growth Slows

The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies, reflecting the commodity’s brisk use for power generation in the face of extreme summer temperatures. Despite the relatively soft (and below estimate) supply build,...

14Aug2012 | | Comments Off | Continued

(NXY) Company News for July 24, 2012 – Corporate Summary

•    Shares of Nexen Inc. (NYSE:NXY) surged 51.8% after it concluded an agreement with Cnooc Ltd as per which it will be acquired by the Chinese oil and gas company for $15.1billion in cash •    Halliburton Company (NYSE:HAL) reported...

24Jul2012 | | Comments Off | Continued

(USA) Stock Market News for July 24, 2012 – Market News

Possibilities that Spain would have to seek a sovereign bailout and a record jump in the nation’s borrowing costs dragged the US markets lower. The return of the European concerns resulted in the Dow’s second-consecutive triple digit loss; the first one since April 10. Separately, an earnings...

24Jul2012 | | Comments Off | Continued

(DVN) U.S. Natural Gas Storage Surplus Narrows

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, reflecting the commodity’s tepid demand. However, the build came in well short of the five-year average addition for the week. Despite the relatively soft supply build,...

16Jul2012 | | Comments Off | Continued

(DVN) U.S. Energy Department Reports Another Modest Natural Gas Build

The U.S. Energy Department’s weekly inventory release showed a slightly smaller-than-expected increase in natural gas supplies, reflecting the commodity’s brisk use for power generation. Despite the relatively soft (and below estimate) supply build, the latest injection – the sixteenth...

10Jul2012 | | Comments Off | Continued

(HAL) Pace of Natural Gas Supply Growth Slows

The U.S. Energy Department's weekly inventory release showed a slightly smaller-than-expected increase in natural gas supplies, reflecting the commodity’s brisk use for power generation. Despite the relatively soft (and below estimate) supply build, the latest injection – the fourteenth...

24Jun2012 | | Comments Off | Continued

(XLE) Stock Market News for June 15, 2012 – Market News

Report that central banks were prepared to step in if Greek elections cause ‘tumultuous trading’ guided the benchmarks to a finish in the green. The report came amidst lingering tension over Europe’s financial health, a rise in domestic initial claims and consumer prices suffering their biggest...

16Jun2012 | | Comments Off | Continued

(XOM) U.S. Natural Gas Surplus Shrinks Further

The U.S. Energy Department’s weekly inventory release showed a larger-than-expected increase in natural gas supplies, as demand from power utilities declined. The latest injection – the twelfth in 2012 – has added to already bloated inventories. Gas stocks – currently some 32% above...

10Jun2012 | | Comments Off | Continued