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More on Halliburton (HAL -0.3%): Lowers its forecast for North America margins in its...

More on Halliburton (HAL -0.3%): Lowers its forecast for North America margins in its operational update, citing higher costs for guar gum as a result of its expansion of oil and liquids-related activity in North America. Guar gum is an agricultural commodity used as a blending additive to its fluids utilized in hydraulic fracturing. Margins are expected to be impacted by an additional 300 basis points more than previous guidance of 200-250 basis points.
Comments (6)
  • capital pains
    , contributor
    Comments (213) | Send Message
     
    Thank you sir, may I have another ?
    Just another special in a never ending saga of HAL nightmares,
    6 Jun 2012, 02:10 PM Reply Like
  • peter9810
    , contributor
    Comments (43) | Send Message
     
    HEK ??? Fluids!
    6 Jun 2012, 02:55 PM Reply Like
  • peter9810
    , contributor
    Comments (43) | Send Message
     
    Should this not be a boost to HEK ??
    6 Jun 2012, 02:52 PM Reply Like
  • peter9810
    , contributor
    Comments (43) | Send Message
     
    45 Years in the Street.
    6 Jun 2012, 02:54 PM Reply Like
  • bukdow
    , contributor
    Comments (834) | Send Message
     
    Buying opportunity?
    6 Jun 2012, 03:31 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    The price action on HAL has been lousy and I had been questioning why, given my own interest in selling puts or taking a position. TheStreet downgraded HAL yesterday on price action and margins, and today we get the official news from the company. The selloff weakness may continue on several factors, including a resumption in selloff of oil. The question is: what else is there and where is the bottom. I'm on the sidelines still...
    6 Jun 2012, 06:09 PM Reply Like
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