Stephen Gengaro
Stephen Gengaro
activity both bullish companies data earnings expect few fuel growth guidance including likely next oil points positive post prices pricing provide push results service sharp stock strong ultimately
Over the next few weeks, we expect oil service companies to post strong fourth-quarter results and likely provide bullish guidance for 2006, including positive data points on both activity and pricing trends, which should fuel sharp earnings growth for oil service companies over the next few years and ultimately push stock prices higher.
business chunk financial higher history margins services small
If you look at Halliburton's history and financial statements, the oilfield services business has materially higher margins than does the engineering and construction side, and this would be a small chunk of the engineering and construction business.