5 Best Gas Stocks To Own For 2015: Halliburton Company(HAL)
Halliburton Company provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services, completion tools and services, cementing services, and Boots & Coots. Its production enhancement services include stimulation and sand control services; completion tools and services comprise subsurface safety valves and flow control equipment, surface safety systems, packers and specialty completion equipment, intelligent completion systems, expandable liner hanger systems, sand control systems, well servicing tools, and reservoir performance services; cementing services consist of bonding the well and well casing, while isolating fluid zones and maximizing wellbore stability, and casing equipment; and Boots & Coots include well intervention services , pressure control, equipment rental tools and services, and pipeline and process services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. Its services comprise fluid services, drilling services, drill bits, wireline and perforating services, testing and subsea services, software and asset solutions, and integrated project management and consulting services. The company serves independent, integrated, and national oil companies. Halliburton Company was founded in 1919 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Tyler Crowe]
Another reason that shale gas development has not as quickly developed is a lack of clear patent protection laws,especiallyin China. While both Schlumberger (NYSE: SLB ) and Haliburton (NYSE: HAL &nbs! p;) have expressed an interest in developing Chinese shale gas, a lack of intellectual-property protection has them hesitant to going all in. Rather, both companies have taken minority interests in smaller,Chinese-based companies and plan to take orders of drilling fluids and equipment. These kinds of moves are not necessary in the U.S. and have allowed companies to protect and profit from their expertise.
- [By Matthew DiLallo]
Fracking had humble beginnings
Halliburton (NYSE: HAL ) performed the first experimental fracturing operation in Kansas in 1947. It took the company two years before it was actually commercially successful with the process. - [By Dimitra DeFotis]
Among significant moves in energy stocks, the biggest decliner was Pioneer Natural Resources (PXD), down nearly 5%, followed by Nabors Industries (NBR).Down more than 3%: Halliburton (HAL), Chesapeake Energy (CHK), Anadarko Petroleum (APC), Baker Hughes(BHI), Diamond Offshore (DO) and Occidental Petroleum (OXY).
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/5-best-gas-stocks-to-own-for-2015.html
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