Seeking Alpha

Prices for guar, used by oilfield services companies (OIH) in fracking, have dropped ~30% YTD to...

Prices for guar, used by oilfield services companies (OIH) in fracking, have dropped ~30% YTD to ~$3/lb. and could fall as low as $1.50/lb. later this year, UBS says as it bumps EPS estimates by 4.5% for Halliburton (HAL), 2.5% for Baker Hughes (BHI) and 1.5% for Schlumberger (SLB). HAL gets the biggest bump because it's North America's leader in pressure pumping, which makes it the oil patch's most extensive guar user.
From other sites
Comments (1)
  • Eagle Equities
    , contributor
    Comment (1) | Send Message
     
    Very important for CHK also.
    20 Jun 2013, 03:13 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs