Halliburton Company (HAL)

HKindy (< 20) Submitted: 12/10/2008 11:57:27 PM : Start Price: $16.53 HAL Score: +44.71

There are many people posting uninformed comments in these forums about halliburton depending on infrastructure contracts such as those in Iraq. Halliburton has completely split up from from KBR to become a pure play energy services company. This has allowed them to become more focused and keeps them far from all the perfomance of contracts related to millitary logistics or reconstruction of infrastructure.

As for the the general performance of the company, they have been very focused receantly and I know at least in the division I work in they have introduced some superior drilling and logging tools which are getting them huge volumes of work at premium rates. In some contracts they are making twice as much profit as orriginaly planned for. The company runs very lean which means they have very little wastage of resources and they have worked very hard to focus and improve their perfromance and improve the calliber of their people. I believe this is the right direction to be headed to further grow in the market.

Cons: I sometimes get the impression Halliburton runs too lean on resources and sometimes only miraculaslouslly pulls its way through.

P.S. Just because I work for Halliburton, doesnt make me biased towards them. On the personal level I actually hate them very much thank you.