A rise in natural gas fracking costs could crimp Halliburton (HAL -2.2%) shares, Susquehanna...

A rise in natural gas fracking costs could crimp Halliburton (HAL -2.2%) shares, Susquehanna writes, as the firm chops its price target and earnings estimates for the next three years. While HAL has been able to pass through prior price inflation due to a red-hot pressure pumping market, the firm now sees a sequential decline by 500-550 bps in North American margins due to guar gum inflation.

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Comments (5)
  • zbignue
    , contributor
    Comments (515) | Send Message
    I think we've seen the last of the "HAL due to break out" columns for a while.
    8 Jun 2012, 11:10 AM Reply Like
  • capital pains
    , contributor
    Comments (219) | Send Message
    And to think of all the abuse I took posting my contrarian opinions in every SA pump articles on HAL for the past 4 months..To compound the felony, I'm long this POS !
    What do they say about gamblers inner psychology really wanting to lose ?
    HAL is punishment of the first degree..A nightmare !
    8 Jun 2012, 12:08 PM Reply Like
  • dr_randevil
    , contributor
    Comments (240) | Send Message
    so HAL can never pass through increased Guar costs? Seems a little short sighted to me.
    8 Jun 2012, 06:44 PM Reply Like
  • JohnDoe1
    , contributor
    Comments (287) | Send Message
    This is BS in several different ways.


    First, temporary GUAR GUM costs don't change the positive fundamental outlook that HAL has in store, and HAS been producing (NOT reflected in the stock price, unfortunately), and don't put anything near a "Bear cloud" over the company. It's gonna impact them, a bit, in the short term.


    Second: I'm long this damn stock from $33.50 when it was STILL heavily "undervalued" technically, so I get to play the stuck game! Grr.
    8 Jun 2012, 10:50 PM Reply Like
  • vireoman
    , contributor
    Comments (1159) | Send Message
    Ain't karma a bitch. The curse of Dick Cheney supplies another load of buckshot (or, in this case, guar gum) into the face of HAL.
    10 Jun 2012, 09:11 PM Reply Like
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