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SLB - Halliburton: North America Should Fuel Growth
April, 21 2021 04:24 AM
Schlumberger N.V.
HAL reports earnings this Wednesday. North America is its largest segment. Rising oil prices should fuel growth in North America. Additional scale and cost containment efforts should spur growth in EBITDA margins. HAL's $2.6 billion in cash should sustain the company for several quarters. I expect HAL to continue to squirrel away capital. HAL has more than doubled Y/Y. Additional gains could be driven by the performance of broader markets. Hold HAL. For further details see:
Halliburton: North America Should Fuel Growth
Stock Information
Company Name:
Schlumberger N.V.
Stock Symbol:
SLB
Market:
NYSE
Website:
slb.com
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