HAL
Halliburton Company
Energy
10/21/2013
Presented
| Date | 10/16/2013 |
| Price | $51.16 |
| Market Cap | $46.70B |
| Ent Value | $50.03B |
| P/E Ratio | 10.45x |
| Book Value | $19.18 |
| Div Yield | 1.7% |
| Shares O/S | 913.58M |
| Ave Daily Vol | 9,400,000 |
| Short Int | 1.91% |
Current
| Price | $29.23 |
| Market Cap | $25.81B |
| Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide. The company operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services, including stimulation services and sand control services; and cementing services comprising bonding the well and well casing, and casing equipment. It also offers completion tools that provide downhole solutions and services, including well completion products and services, intelligent well completions, liner hanger systems, sand control systems, and service tools. This segment also provides well intervention services, pressure control, equipment rental tools and services, and pipeline and process services; and oilfield production and completion chemicals and services that address production, processing, and transportation operations. The Drilling and Evaluation segment offers drill bits and services, including roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services; wireline and perforating services, such as open-hole logging, cased-hole and slickline, borehole seismic, and formation and reservoir solutions; and testing and subsea services comprising acquisition and analysis of reservoir information and optimization solutions. This segment also provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; drilling systems and services; integrated exploration, drilling, and production software, as well as related professional and data management services; and oilfield project management and integrated solutions. Halliburton Company has a strategic agreement with Gazprom Neft. The company was founded in 1919 and is based in Houston, Texas. |
Highlights
The presenter spent the past three months on the road meeting with the 51 companies in his coverage universe (focus on E&P), and believes the pendulum could swing in favor of service companies like Halliburton (HAL) in 2014. His thematic assessment is based on his belief that E&P capex (particularly in North America) will be substantially greater than the Street is anticipating next year.
◆Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.
◆Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.