Halliburton Named in DJSI, Again - Analyst Blog
12 Outubro 2011 - 1:20PM
Zacks
For the second year in a row, major oilfield service provider
Halliburton Co. (HAL) has been selected as a
member of the global Dow Jones Sustainability Indexes (“DJSI”), the
global indicator tracking the financial performance of leading
sustainability-driven companies worldwide.
Launched in 1999, DJSI is widely considered as the benchmark in
this area. The index is drawn up by Dow Jones in collaboration with
investment management firm Strategic Asset Management (“SAM”).
Halliburton has been selected as a 2011 North America and World
Leader by the DJSI in the Global Oil Services sector, which the
company claims is recognition of its world class services,
products, and programs, as well as the successful integration of
corporate responsibility and sustainability into overall business
practices.
Houston, Texas-based Halliburton is one of the largest oilfield
service providers in the world, offering a variety of equipment,
maintenance, and engineering and construction services to the
energy, industrial, and government sectors. The company operates
under two main segments: Completion and Production, and Drilling
and Evaluation.
Halliburton shares currently retain a Zacks #3 Rank, which
translates into a short-term 'Hold' rating. Longer-term, we are
‘Neutral’ on the company.
We like Halliburton’s leadership status in the global oilfield
services market. We also appreciate its broad and
technologically-complex product/service offerings as well as its
very strong relationships with both publicly-traded and national
oil companies worldwide.
The company has been benefiting from increased activity in the
unconventional oil and gas shale plays in North America, which have
more than made up for the drop in deepwater Gulf of Mexico (“GoM”)
activity and disruptions in North Africa.
However, the world's second-largest oilfield services company
after Schlumberger Ltd. (SLB) continues to feel
pressure from intense competition in the market, depressed natural
gas prices, a volatile situation in Libya and the expected
curtailment in incremental drilling projects. The dip in oil prices
to around $80 per barrel is likely to further limit its ability to
generate positive earnings surprises.
HALLIBURTON CO (HAL): Free Stock Analysis Report
SCHLUMBERGER LT (SLB): Free Stock Analysis Report
Zacks Investment Research
Schlumberger (NYSE:SLB)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Schlumberger (NYSE:SLB)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024