Halliburton Company (NYSE:HAL)
CAPS Rating:
The Company provides a variety of services, products, maintenance, engineering, and construction to energy, industrial, and governmental customers.
The Company provides a variety of services, products, maintenance, engineering, and construction to energy, industrial, and governmental customers.
Recs
Incredible but true: the cost of Guar is impacting Halliburton's profits and will continue to impact profits until more Guar is grown or more synthetic Guar or other products can be used. http://www.reuters.com/article/2012/06/06/us-halliburton-costs-idUSBRE85513420120606?type=companyNewsI think they will figure it out and get back to making better profits in a year or so.