Halliburton Tops Estimates on Strong US Performance
Oilfield services company Halliburton reported third-quarter results Monday morning that beat consensus estimates for both revenue and earnings.
Oilfield services company Halliburton reported third-quarter results Monday morning that beat consensus estimates for both revenue and earnings.
These four top companies that all have decent upside to the RBC price targets and make sense for investors looking to add or increase energy holdings.
The top analyst upgrades, downgrades and other research calls from Tuesday include Alphabet, Check Point Software, Chesapeake Energy, Chevron, Intel, MannKind, Schlumberger and Transocean.
These top companies have fought through oil price swings before, and a break above $50 a barrel could be very bullish.
Any spike in oil above the $50 a barrel level may cause some oilfield services shortages, which could bring Wall Street back to this out-of-favor sector fast.
With the combined recent drop in oil pricing, plus the potential for continued near-term weakness as a result of the storm, any sector sell-off could be a solid buying opportunity.
Several analysts are out today with price target cuts on services companies and other players in the oil and gas industry. Low oil and gas commodity prices ripple through the entire industry.
Clearly this a value play for investors, especially buying shares in front of what is expected to be declining or stagnant earnings. These companies have fought through oil price swings before, and…
Oilfield services provider Halliburton beat estimates for both profits and revenues this morning. North American well completions were primarily responsible for the company's strong quarter.
Energy investors have been on one of the biggest roller-coaster rides over the last three years, and it looks as though they may have to stay on for the foreseeable future. With…
One sector that definitely took it on the chin in the first half was energy. These five large cap leaders still make sense with the energy sector badly bruised.
With valuations so high, some investors are looking for new ideas and safety as they still seek positive returns. Is it possible that the energy sector, particularly oil and gas, could be…
The top analyst upgrades, downgrades and other research calls from Monday include Apple, Chevron, eBay, Gap, Halliburton, Juniper Networks and Yelp.
Halliburton reset expectations for the first quarter on a conference call last month. In this morning's earnings report the company cleared a bar that it had lowered by 75%.
Wednesday’s top analyst upgrades, downgrades and initiations include BP, BHP Billiton, Goldman Sachs, Halliburton, IBM, Qualcomm, Rockwell Collins and Sirius XM.