Hints and tips:
...It would gallop past current leader Halliburton making it the largest frac provider....
...Fellow services groups Baker Hughes and Schlumberger report tomorrow and Friday....
...services companies....
...He said the slowdown would cut 8-10 cents from Halliburton’s third-quarter earnings per share, which had been expected to be about 52 cents....
...An initial $1.15bn of the notes were issued to 10 companies including GE Capital Financing and a subsidiary of Halliburton, the oil services group....
...The Philadelphia Oil Service index has shed 24 per cent this year....
...The signs of capacity shortages are also good news for oilfield services companies such as Halliburton and Schlumberger, enabling them to raise rates after steep cuts during the industry downturn that began...
...company Halliburton....
...“Would you expect Halliburton or Schlumberger to come in? Possibly, but I think probably unlikely for competition reasons.”...
...Dave Lesar, chief executive of Halliburton, the oilfield services group, argued last month that its businesses serving US shale producers “will likely be the first and deepest beneficiary of growing supply...
...Halliburton, a large oilfield services company, has risen 6 per cent to $46.46, while integrated energy group ExxonMobil has ticked up 1.2 per cent to $88.91....
...It has been a tough year for megadeals, with a planned merger between oilfield services companies Halliburton and Baker Hughes sunk by regulators who sued in an attempt to stop the deal....
...Kinder Morgan, an energy infrastructure group, rose 2 per cent to $21.90, while oilfield services company Halliburton climbed 1 per cent to $41.44....
...Halliburton shares fell 3.8 per cent to $40.45 after the oilfield services company, which just abandoned its $28bn merger with Baker Hughes, said losses widened significantly in the first quarter as oil...
...The second and third-largest oil services groups aimed to merge. The country’s best-known drugmaker trying to move abroad to lower its tax bill....
...This year alone, the DoJ has torpedoed a $38bn merger between oilfield services companies Halliburton and Baker Hughes, while new tax rules introduced in 2016 by the government forced Pfizer to jettison...
...A $28bn planned merger between oilfield services companies Halliburton and Baker Hughes was sunk by regulators who sued in an attempt to stop the deal....
...Just last month a $28bn planned merger between oilfield services companies Halliburton and Baker Hughes was sunk by the Department of Justice and new tax rules prompted Pfizer to scrap its planned $160bn...
...Oslo-listed Subsea 7 has the largest exposure to Petrobras; US-listed generalists, such as Halliburton and Weatherford, have relatively little exposure to Brazil....
...The US government cited antitrust concerns this week when it filed a lawsuit to block the proposed $25bn takeover by oil services group Halliburton of its rival Baker Hughes....
...Meanwhile, Baker Hughes and Halliburton, both oilfield services companies, posted solid gains....
...The US Department of Justice sued to block Halliburton’s proposed $25bn takeover of rival oil services group Baker Hughes....
...Charges for oilfield services have to be high enough for providers to stay in business. Dave Lesar, chief executive of Halliburton, argues that rates in the US are already at unsustainably low levels....
...Halliburton was among the best-performing stocks on the S&P 500, after the world’s second-largest oilfield services company reported adjusted second-quarter earnings that topped Wall Street estimates....
...Meanwhile, Halliburton’s 2014 deal to buy rival oil services group Baker Hughes continues to be held up....
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