Best Gas Stocks To Buy Right Now

Best Gas Stocks To Buy Right Now: Halliburton Company(HAL)

Halliburton Company provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services, completion tools and services, cementing services, and Boots & Coots. Its production enhancement services include stimulation and sand control services; completion tools and services comprise subsurface safety valves and flow control equipment, surface safety systems, packers and specialty completion equipment, intelligent completion systems, expandable liner hanger systems, sand control systems, well servicing tools, and reservoir performance services; cementing services consist of bonding the well and well casing, while isolating fluid zones and maximizing wellbore stability, and casing equipment; and Boots & Coots include well intervention services , pressure control, equipment rental tools and services, and pipeline and process services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. Its services comprise fluid services, drilling services, drill bits, wireline and perforating services, testing and subsea services, software and asset solutions, and integrated project management and consulting services. The company serves independent, integrated, and national oil companies. Halliburton Company was founded in 1919 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Dimitra DeFotis]

  Adams’ partial list of potential losers:

  BP (BP) : the highest profile potential loser. It owns 19.75% of Russian energy gia! nt Rosneft, which accounted a third of BP's production in the fourth quarter. Sanctions that inhibit oil and gas flows to Europe, or banking/capital flows, would “hit Rosneft and BP early and hard.” An offset: there could be an uptick in demand for a pipeline 30% owned and operated by BP because it transports Azerbaijan oil through Georgia and Turkey to the Mediterranean — a southern route avoiding Georgia and Ukraine. Chevron (CVX) pipeline investments could be stymied. It also signed a 50-year agreement to explore for and develop oil and gas in western Ukraine, involving up to $10 billion of investment. “A Russian takeover spikes that deal,” Adams says. Oilfield services companies Halliburton (HAL), Baker Hughes (BHI), and Weatherford International (WFT) all do business in Russia that could be prohibited if it is labeled a rogue nation.

  The crisis in Ukraine and Russia’s tactics make U.S. assets look more secure and more valuable: some U.S. refiners that could export fuel, utility holding companies that could export liquefied natural gas, and related pipeline companies could see even more benefits, longer-term,  from the North American fracking and horizontal drilling boom. But approval of the TransCanada (TRP) Keystone XL pipeline is a necessary piece of that equation, Adams writes.

• [By Aaron Levitt]

  With a variety of oil stocks reporting full-year 2013 earnings, unconventional assets are the gifts that keep on giving for the oil service trio of Halliburton (HAL), Baker Hughes (BHI) and Schlumberger (SLB).

• [By Ben Levisohn]

  Halliburton (HAL), Schlumberger (SLB) and Baker Hughes (BHI). Three oil services firms with three very different responses to news today.

  Bloomberg

  First up, Halliburton. It reported a profit of 93 cents a share, above forecasts for 89 cents, yet Halliburton’s shares have dropped 1.8% to $49.76. Citigroup’s Robin Shoemaker and Mark Brown explain why:

  …t! he stock ! is trading lower today largely because the company cited several negative factors that are impacting its Latin America operations in 2014…

  The major challenge comes from Brazil, where offshore drilling activity fell in 2013 and is expected to decline further in 2014. Halliburton won a large multi-year drilling services contract from Petrobras (PBR) before offshore activity began to slow. After putting in place the people and infrastructure to execute the contract, [Halliburton] has been very disappointed with the volume of drilling services work that Petrobras  has needed under the terms of the contract…

  Even with the headwinds from this region, the company expects to perform strongly this year and to achieve double digit earnings growth on the back of improving profitability in North America and strong Eastern Hemisphere results. We expect [Halliburton] shares to recover when the LatAm issues and their impact on the earnings of the company as a whole are better understood.

  Shoemaker and Brown call the selloff “overdone” and recommend being “opportunistic buyers” of Halliburton’s stock.

  Baker Hughes, on the other hand, has gained 4% to $56.30 after it reported a profit of 62 cents, above forecasts for 61 cents. That was in line with previous forecasts, but investors must have liked some of the details, including the fact that the oilfield services company sees increased activity ahead in 2014. Cowen’s James Crandell and James Schumm note Baker Hughes positive Latin America numbers:

  The

• [By Laura Brodbeck]

  Notable earnings releases expected on Tuesday include:

  Johnson & Johnson (NYSE: JNJ) is expected to report fourth quarter EPS of $1.20 on revenue of $17.95 billion, compared to last year's EPS of $1.19 on revenue of $17.56 billion. Verizon Communications Inc. (NYSE: VZ) is expected to report fourth quarter EPS of $0.65 on revenue of $31.04 billion, compared to last year's EPS o! f $0.45 o! n revenue of $30.04 billion. The Travelers Company (NYSE: TRV) is expected to report fourth quarter EPS of $1.66 on revenue of $5.79 billion, compared to last year's EPS of $2.22 on revenue of $5.70 billion. Delta Air Lines Inc. (NYSE: DAL) is expected to report fourth quarter EPS of $0.63 on revenue of $9.02 billion, compared to last year's EPS of $0.28 on revenue of $8.60 billion. Halliburton Company (NYSE: HAL) is expected to report fourth quarter EPS of $0.89 on revenue of $7.56 billion compared to last year's EPS of $0.63on revenue of $7.29 billion.

  Economics

source from Top Stocks Blog:http://www.topstocksblog.com/best-gas-stocks-to-buy-right-now-2.html