Carbo Ceramics (CRR -19.8%) joins Halliburton (HAL), Schlumberger (SLB) and RPC (RES) in warning...

|By:, SA News Editor

Carbo Ceramics (CRR -19.8%) joins Halliburton (HAL), Schlumberger (SLB) and RPC (RES) in warning of lower capital spending on natural gas projects that could upset the plans of companies providing drilling and related services to oil and gas producers. "The growth of activity in liquids-rich plays contributed to logistical issues in the industry" during Q4, CRR says. (submitted by Michael Filloon)