They’ve had a consistently larger market cap and their stock has performed better than us. Anyone know why?
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Did Jeffry put on his cheerleader skirt, and wave his pom-poms as he was writing this drivel:
"It’s good to think HAL is behind, so that we are all motivated to push forward and ahead. The day we all think that we are the best and are ahead of everyone our decline will start."
It would be wise to accept the FACT that the DECLINE started under the 'leadership' of Uncle Dave, and has been hastened along by Halliburton's MANY levels of mis-management.
No one in our upper management knows anything about our services. Duncan wasn’t renamed a leasing company for nothing. That’s the fall back plan people. Just hang in there and soak up what money you still can.
It’s good to think HAL is behind, so that we are all motivated to push forward and ahead. The day we all think that we are the best and are ahead of everyone our decline will start.
@6rjy+17vHuOWD If they become a penny stock were hugely screwed. We may not want to admit it but they’re a superior company. Yes we dominate their OFS portion but that’s only about 1/3 of what BKR is now. After davey boy screwed up the accusation they’ve now left us in the dust. If BKR becomes a penny stock we’ll cease to exist.
The $3 BILLION cash infusion GIVEN BHI by Uncle Dave, certainly gave them a leg up.
ALL HAIL THE WISE and ENLIGHTENED 'leadership' displayed by Uncle Dave, and his protege, Jeff, both of whom are responsible for the decline of Halliburton.
While in Baker Hughes board some one is expecting their shares to become a penny stock!
Because they play with themselves more to stay hard.
Miller's consistent incompetence will lead to continued losses for shareholders.
haha, Duck Key is real, at least in Cheney's day—HAL is mentioned in the ad. I wonder if it is still around.
https://hunterreed.com/wp-content/uploads/Brochure208WSVC-1.pdf
Wall Street Journal Oct 21, 2020 6:00am
Do we all think Halliburton could be eaten by bigger Fish. 🤔
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PAUL RATJE/AFP via Getty Images
Misery Loves Company: Behind the Boom in Oil Stock M&A
Another day, another potential oil company merger.
Pioneer Natural Resources is reportedly interested in acquiring Texas shale driller Parsley Energy, according to a Wall Street Journal report. And if the deal is consummated, it would just be the latest in a wave of oil patch mergers.
On Monday, ConocoPhillips agreed to buy Concho Resources, while Chevron completed its $13 billion acquisition of Noble Energy earlier this month, and Devon Energy’s takeout of WPX Energy was announced at the end of September. One analyst even argued recently that Chevron and Exxon Mobil should join forces.
Oil firms aren’t merging from a position of strength. Energy components of the S&P 500 are down more than 50% this year, while crude oil prices are off by a third.
Why the urge to merge? The companies are trying to turn around their fortunes by getting bigger and cutting costs. Wall Street thinks it’s a good idea. A possible Pioneer-Parsley combo was called a “high-quality acquisition” by one analyst, while another sees it driving even more mergers among struggling oil companies. Investors apparently like it too: Parsley stock is up 12% in early Tuesday trading.
As they say: misery loves company.
#3 1/2 you must be on the bottom of food chain if all you know are the suites and Manor Lake. Bigger boys know about Mota Bonita and the really Big Boys know about Duck Key and the G5 that gets them there.
Seems your just jealous you couldn’t get higher. Should try working harder at work than working hard at jealousy and complaining.
I’m sure they don’t have NFL, NBA, & SEC stadium boxes, a million dollar BBQ trailer to tailgate, and Manor Lake to entertain themselves with on the weekends like HES.
Uncle Dave got a lot of bad advice. He didn’t give a sh– as he got his money and was on the way out. Little Jeffery doesn’t have a clue. He ran Baroid & Indo what a joke.
They are GE / Baker Hughes now and have been for several years. When GE bought Baker Hughes out the new combined company leapfrogged Halliburton into the number 2 position among oil service companies.