BlackRock favors independent explorers and oil services providers such as Schlumberger (SLB) and...

|By:, SA News Editor
BlackRock favors independent explorers and oil services providers such as Schlumberger (SLB) and Halliburton (HAL) over big energy firms. “Even though large integrateds are seen as cheaper than E&P companies and service companies, you could have said that many times over the past decade and often they would be value traps," BlackRock's Robin Batchelor says.