Seeking Alpha
  • DAG Investments
    HAL considering significant headwinds and long history of underperforming, any idea why analysts have $43 price target with 45% upside?
    7/14/12
    Reply (76)
    • DaLatin: Analysists supply info 2 brokers for da clients.Thus,if you C how the game works U know it's 52% buys&46% holds&2% sell=s WS's M/O.Thats why
      7/14/12
    • DaLatin: Volumes r horrible & most funds seeing outflows as ETFs killing much of individual symbol buying ! WS might have shot itself in the foot
      7/14/12
    • DAG Investments: i understand analyst ratings and broker relationships, but don't get how any of that explains the $43 price target on a $28 stock
      7/14/12
    • DAG Investments: in other words, the analysts are basing the $43 price target on something... what is it... specifically
      7/14/12
    • DAG Investments: lol ok, thanks.
      7/14/12
    • DaLatin: weegeeboardadosis and rosy number crunching.. AAPL ests are now up to 1400. Let Ben keep printing and they'll get there ! ">)
      7/14/12
    • x oil -field: $WH $HAL Port Fourchon, LA, United States. http://bit.ly/xJ8hJU
      7/14/12
    • x oil -field: If you like Big $OIL this is one of the most beautiful O&G exploration ports in the world to visit,and very kind folks if you visit.
      7/14/12
    • DAG Investments: @xoilfield, thanks for the tip. i'll have to do some homework to figure out how Port Fourchon relates to HAL share price potential
      7/14/12
    • DaLatin: Future supply.How'd that work 4 Nat Gas symbols.WS's job 2 push & keep $s in ! U C every stat out there X.U must have seen Brazil's !!
      7/14/12
    • DAG Investments: in the meantime, do u think HAL a buy here or that it has any chance of reaching $43 within a year? i'm already long...deciding when to add
      7/14/12
    • DaLatin: The price of coffee plunged 45% + on bumper crop ! U chucked that cup to help them & b politcally helpful. Wasnt me !
      7/14/12
    • DAG Investments: article says "These figures clearly show that Port Fourchon is the major service base for deepwater Gulf production."
      7/14/12
    • DAG Investments: does HAL own that port so that would mean the uptrend deepwater sees will greatly benefit HAL? is that the idea?
      7/14/12
    • x oil -field: $WH Using link,just type Port Fourchon La. and any boat offshore business you like,it will truly be a new experience if U love oil & gas.gL
      7/14/12
    • DaLatin: What's your time horizen in crazy world ? Put $10K in 5 yr CD in right place & you've got $ 20K @ end.Why stock risk in this environment >?
      7/14/12
    • x oil -field: If U misplace link it can be found under $WH just look for my post thread with HillBilly Stock Star again,enjoy I love O&G and Fourchon La.
      7/14/12
    • x oil -field: I just can not be objective commenting,have a long history $OIL $HAL I'm very biased,meaning my replies would not be unbiased.
      7/14/12
    • x oil -field: I usually only comment to HHS because I know he also loves O&G and does not turn my comments into political theatre.
      7/14/12
    • x oil -field: Commented because I read your post & I have the feeling you enjoy.. love O&G as much if not more than me & CI|S.
      7/14/12
    • x oil -field: Commented because I read your post & I have the feeling you enjoy.. love O&G as much if not more than me:) & CI|S.
      7/14/12
    • x oil -field: Did the map link work,open for you DAG?
      7/14/12
    • x oil -field: "The deepwater service market is expected to double from 2011-14 while gas drilling is surging in the Middle East and Asia," he said.
      7/14/12
    • x oil -field: Comment from article represents my personal feeling on $HAL very well,this is not recommendation to buy | sell,but $HAL has deep pockets.Y
      7/14/12
    • x oil -field: Comment from article represents my personal feeling on $HAL very well,this is not recommendation to buy or sell,but $HAL has deep pockets.
      7/14/12
    • x oil -field: Weatherford International Ltd. ''unresolved federal investigation under the Foreign Corrupt Practices Act.'' this matter (FCPA) concerns me.
      7/14/12
    • x oil -field: Also posted topic FCPA couple of weeks ago,did not comment because of ramification of this little issue, (leftovers) from previous Admin.
      7/14/12
    • x oil -field: $WFT Is not a fly by nite company,but read some where ''they may'' again ''may'' also have some federal drilling land lease gov. tax issues.
      7/14/12
    • DAG Investments: i appreciate very much any insight from people who know the industry well, i understand that we all have biases and i'd never misconstrue
      7/14/12
    • DAG Investments: i don't expect objective. opinions never are but that's ok. i'm not an O&G guy tho. just an investor who knows there's money in the sector.
      7/14/12
    • DAG Investments: i hold HAL, SDRL, WTI, WMB & EROC -- just tryin to figure out which are most undervalued right now to decide when to add to holdings
      7/14/12
    • x oil -field: Yes Sir | Madam that was the reply I was hoping to receive from you,we've posted in the past & got the impression you are fair minded.
      7/14/12
    • DAG Investments: also hold PBR. i can't buy WFT anyway -- portfolio is already a little heavy O&G and need to stay diversified.
      7/14/12
    • DAG Investments: sounds like u agree HAL could make $43 in a year or so? opinion of any of the others appreciated too.
      7/14/12
    • x oil -field: I do not mind sharing ideas on oil investing but some folks only wish to focus 2 much time on politics,& I've very little time for topic.Y
      7/14/12
    • x oil -field: Simple answer Y+,but there R issues,CTL is..R issue in front or behind us,there's the leftover tax issues just trust me when I say its messy.
      7/14/12
    • DAG Investments: understood, thank you. i have no interest in debating politics either... not much i can do to affect politics anyway so i focus on investing
      7/14/12
    • DAG Investments: i don't expect you to go into great detail, but just in general would you say those companies i listed are decent holdings?
      7/14/12
    • DAG Investments: i do understand there are always issues and risks, but from my reading they all seem to be good strong companies that will do well in time
      7/14/12
    • x oil -field: CTL you must also ask yourself,any remaining (hedge issues),R there any major currency headwind items,and the big Q most do not want to hear.
      7/14/12
    • x oil -field: *Do you (not me) do you believe there is a major $OIL glut issue?
      7/14/12
    • DAG Investments: good points. not sure on the first one. big maybe on the second one. on the third one, don't know enough but my sense tells me that because
      7/14/12
    • DAG Investments: of new technologies, new finds and likely influx of stored oil when iran eventually loses and gets back on market, there very well could be
      7/14/12
    • x oil -field: Let me just say $HAL is one of the very*best in UDW drilling,personnelly believe they R in the ''top half'' when it comes to UD drilling.MO
      7/14/12
    • DAG Investments: assuming UDW=ultradeep which i think is where the future is, along with rough terrain. i think you've answered my question on HAL. thank you
      7/14/12
    • x oil -field: You are correct on all accounts,I looked at your holdings very interesting,U hold most majors,believe U know more than U R letting on.
      7/14/12
    • DAG Investments: actually, i know less than i'm letting on. lol i just read a lot before i buy and hope that the stuff i read was right.
      7/14/12
    • DAG Investments: btw, also hold CVX but already know it's good and i don't need to buy anymore so i don't even look at it anymore & always forget to mention
      7/14/12
    • DAG Investments: i suppose a glut would mean more downside for all names in the mid term, but gluts eventually level so holding good names long term is ok
      7/14/12
    • x oil -field: Would agree fully with your last comments,just tread water(s)carefully,yes? Must add this is not recommendation for readers to buy or sell.
      7/14/12
    • x oil -field: (Love O&G) Good luck at the dockside. X
      7/14/12
    • DAG Investments: yes the link worked. yes, always tread carefully. i take full responsibility for my own buy/sell decisions. i very much appreciate feedback.
      7/14/12
    • x oil -field: Was just about to add..the comment was for new readers that do not understand O&G you Sir have a very good understanding oil & gas.cheers X
      7/14/12
    • DAG Investments: i understood that but figured i'd say it anyway. thank you kindly, sir. cheers.
      7/14/12
    • x oil -field: Save link if you wish,I will delete link (out of) for GEO (P) concerns.
      7/14/12
    • x oil -field: Btw link has a drivable mechanism embedded.
      7/14/12
    • DAG Investments: not sure i understand. and meant to ask same earlier... are GEO & WH tickers or other abbreviations?
      7/14/12
    • x oil -field: $WH is both GEO deals with other issues yes,it's& abbreviation 4 those other issues N the world.Y Link is drivable U CN-OLD C many things,Y(?)
      7/14/12
    • x oil -field: Bloomberg: $OIL Abu Dhabi Leads Gulf Nations With Oil Pipeline to *Avoid Iran. http://buswk.co/LZ3evp
      7/14/12
    • Ocean Man: Many analysts only adjust their price targets every 6 months or once a year, so as not to react to every market fluctuation a stock follows.
      7/15/12
    • Ocean Man: Most of those $43 targets were likely set when HAL was trading between 35 and 38 for a good portion of the past year. If HAL hangs out under
      7/15/12
    • Ocean Man: 30 much longer, you'll see lots of "so and so keeps HAL at overweight, but reduces price target from $43 to $36" analyst notes.
      7/15/12
    • DaLatin: Thanks OM... This is game and X said he" might be " He is was and still is ! DAG take note. This is the way ! Always the way. Da GAME !
      7/15/12
    • DAG Investments: thanks. i do know how it works but figured i missed something since its been at $43 a long time...plenty of time to reduce but not one has
      7/15/12
    • DAG Investments: avoiding iran can only lats so long. i'm concerned about what happens when their stored oil gets back on market...oversupply and price dive?
      7/15/12
    • DAG Investments: Ocean, this link explains better what i was getting at. many HAL targets were either set or updated in recent months in the $45-48 range
      7/15/12
    • DAG Investments: http://bit.ly/P8eYiB
      7/15/12
    • DAG Investments: In fact Dahlman Rose updated their buy rating on 6/7 with a price target of $57!! That seems very overly optimistic but implies something
      7/15/12
    • Ocean Man: That is surprising. A double.
      7/15/12
    • DAG Investments: discussed with one of the SA contributors. seems its about Mocando outcome expectations. investors priced in worst, but analysts expect best
      7/15/12
    • DAG Investments: probably won't get hit hard if at all. if thats the case, likely gets to targets but seems unlikely to be resolved within 1-year target time
      7/15/12
    • x oil -field: U.S. District Court -Western District of Pennsylvania Dismisses Lawsuit against $KBR -HOUSTON- On Friday,July 13, 012 $HAL -(BUSINESS WIRE)-
      7/18/12
    • x oil -field: ''One in the same'' good luck at open,remember no politics. (smiles) cheers X
      7/18/12
    • x oil -field: $KBR $HAL ''one in the same'' good luck at the open,remember no politics. (smiles) cheers X
      7/18/12
    • x oil -field: *But my heart and sympathy(s) go-out to the young lady,it was a (crime) painful tragedy,yes?JMHO
      7/18/12
    • DAG Investments: thanks for sharing that good info. agree... that something is a tragic and who is responsible for it are two separate issues
      7/18/12