Going into this quarter, I had wondered whether expectations for Halliburton (NYSE:HAL)
were running a little hot and whether that might set the company and
stock up for a tough post-quarter reaction. I don't know whether it was
the lack of major upside to second quarter numbers or management's
comments that the pace of oil spill settlements has slowed, but the
shares were a little soft in early trading Monday morning. Although
Halliburton is not really my favorite company in the energy service
space, it's hard for me to ignore the value and I believe this remains a
good candidate for investors looking to play the rebound in North
America and the future growth in offshore and international
unconventional development.
Please read more at Investopedia:
http://www.investopedia.com/stock-analysis/072213/expectations-not-operations-weighing-halliburton-hal-bhi-slb-clb.aspx
No comments:
Post a Comment