Expectations for Energy Services During Earnings Season
Apr 9th 2013 2:01PM
Updated Apr 9th 2013 2:08PM
With 2012 representing what many thought was a low point in the energy services sector, energy investors have been hopeful that 2013 would signal a rebound. Now, however, two of the giants in this space are reporting opposing outlooks, with Schlumberger saying that it isn't seeing as strong of an uptick as it had hoped, while Halliburton isn't as bearish in its outlook. How will this earnings season pan out for these energy services giants and their investors? In this video, Motley Fool energy analysts Taylor Muckerman and Joel South address some broader trends in the energy services sector, and tell investors which companies will be affected.
Domestic oil and gas service companies have taken a hit in the recent past due to a slowdown in the natural gas drilling boom of the last couple of years. As this market looks to rebound, investors would be wise to consider Halliburton, one of the top companies in the business and one of those most in tune with the domestic market. To access The Motley Fool's new premium research report on this industry stalwart, simply click here now and learn everything you need to know about how Halliburton is positioning itself both at home and abroad.
The article Expectations for Energy Services During Earnings Season originally appeared on Fool.com.Joel South owns shares of Schlumberger. Taylor Muckerman owns shares of Halliburton. The Motley Fool recommends Halliburton and National Oilwell Varco. The Motley Fool owns shares of National Oilwell Varco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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