updated Wed. January 25, 2023
March 28, 2018
Energy related stocks fared better than the broad market over the last month. An unusual scenario in recent times. Oil is stabilizing in its current range of $58-66 and may move as much as twenty percent higher in the coming year. The Daily Drilling Report discusses its energy thesis as relates toÃâÃÂ ...
March 28, 2018
Source: Getty Images. I have been a Halliburton (HAL) bear for over two years now. After oil prices began to crack from their peak in the second half of 2014, I followed the company closely as management reduced headcount and capex to protect margins. While 2014 may have been the peak for oil prices,ÃâÃÂ ...
March 26, 2018
Baker Hughes (NYSE:BHGE) says it expects slightly lower margins in its turbomachinery and process solutions business than predicted in January. Weaker margins in the TPS business should be offset by better performance in other units, meaning Q1 impacts should “balance out through the course of theÃâÃÂ ...
March 1, 2018
Overall February sales from Ford (NYSE:F) came in slightly weaker than expected for February, but it was a pretty strong month for sales of Ford F-Series trucks. Trucks are not only higher margin but they are often purchased by small businesses and contractors so they provide a good read on the health ofÃâÃÂ ...
February 15, 2018
Halliburton (HAL -0.7%) is lower after a trading halt, saying it expects a $0.10/share impact on Q1 earnings from sand delivery delays. At the Credit Suisse Energy Summit, HAL says some Canadian railroads are halting shipments of sand for a week due to weather driven disruptions but it will take "a fewÃâÃÂ ...
February 1, 2018
Boeing (BA +0.6%) rises to a new 52-week high - again - as several analysts jump in with price target increases following the company's strong Q4 results and upbeat guidance. BofA Merrill Lynch reiterates its Buy rating and lifts its 12-month price objective to $470 from $395, citing Boeing's "ability toÃâÃÂ ...
January 24, 2018
Halliburton: Upside Under $50. Quad 7 Capital • Apr. 25, 2018 8:28 AM ET ÃâÃÂ· Giovanni DiMauro. Did Frackers Just Hit A Capitulation Bottom? Giovanni DiMauro • Feb. 1, 2018 4:35 PM ET ÃâÃÂ· Shock Exchange. Halliburton: Watch Out For Latin America Monday. Shock Exchange • Apr. 22, 2018 11:22 PM ET.
January 22, 2018
Patterson-UTI Energy (NASDAQ:PTEN) says some of its employees are missing after a gas explosion occurred early today at a drilling site in eastern Oklahoma; local officials say the number of missing workers is five, out of 22 at the site. The blast occurred during oil and gas drilling using a rig provided byÃâÃÂ ...
January 22, 2018
Halliburton (HAL +6.3%) surges to its highest level in nearly a year following better than expected Q4 results and an upbeat view of the health of the U.S. oil industry given the rise in oil prices and increased drilling. “I am very excited about the way 2018 is shaping up,” HAL CEO said during today's earningsÃâÃÂ ...
November 3, 2016
“[T]he no-bid nature of the contract became such a contentious issue with Congress that it catapulted KBR into the critical limelight and began the process of exposing the company's rampant fraud, abuse and corruption,” wrote the watchdog website Halliburton Watch. “Congress asserted the RIO contractÃâÃÂ ...
November 5, 2011
And for NATO to have bombed it like this: Watch for Halliburton, watch for Bechtel (American contractors awarded billions of dollars by the U.S. government to do work in Afghanistan and Iraq)—watch for the vultures of London, England, and France and others, trying to rebuild the infrastructure that theyÃâÃÂ ...
May 14, 2007
"Given the multiple ongoing investigations into Halliburton's alleged wrongdoing, policymakers should closely scrutinize Halliburton's latest move, and whether it will allow the company to further elude accountability,” said Charlie Cray, co-director of Halliburton Watch and director of the Center for CorporateÃâÃÂ ...
June 18, 2004
"While the Bush administration failed to adequately plan for the safety of our troops--as proven by its failure to provide sufficient body armor--it made certain that Halliburton would make a killing long before the war began," said Jim Donahue, coordinator for Halliburton Watch, a nonprofit organization basedÃâÃÂ ...
December 31, 1999
HAL reports Q1 earnings Monday. Analysts expect a sequential revenue decline. SLB experienced a 16% decline in Latin America revenue Q/Q. HAL could also get hit in the region. If Latin America folds and North America peaks then that could be foreboding. HAL is a hold into earnings. VenezuelaÃâÃÂ ...