Halliburton Co

On January 3, 2017, Halliburton (HAL) had implied volatility of ~29%. Since HAL’s 3Q16 financial results were announced on October 19, 2016, its implied volatility has remained nearly unchanged.

In this article, we’ll compare implied volatility fr the top oilfield services (or OFS) companies, as rated by Wall Street analysts, for 4Q16.

From December 2014 to December 2016, Halliburton’s (HAL) stock price reached the highest level in December 2016. It troughed at ~$28 in January 2016.

In December so far, 90% of the analysts tracking Halliburton rated it a “buy” or some equivalent.

Halliburton’s cash from operating activities (or CFO) turned positive in 3Q16.

In 3Q16, Halliburton’s net-debt-to-adjusted-EBITDA multiple was ~3.8x, or 251% higher than it was a year ago.

In November, 83% of the analysts tracking Schlumberger rated it a “buy” or some equivalent. The other 18% of the analysts recommended a “hold” or a “sell.”

On August 18, National Oilwell Varco (NOV) approved to pay a quarterly dividend of $0.05 per share to shareholders on September 30.

SLB’s international revenues rose to 76% of its total revenues in 2Q16, as compared to 72% in 2Q15.

On September 22, Halliburton’s implied volatility was ~28.5%. Since July 20, 2016, its implied volatility rose from ~27% to the current level.

A steeper earnings decline compared to the decline in its share price caused Halliburton’s (HAL) PE multiple to expand in 2015.

Schlumberger’s business model is diversified and not overly dependent on any particular line of business, catering to upstream companies’ needs.

In the past year, Flotek Industries’ (FTK) revenue share generated outside the United States has risen by nearly 10%.

In this part of the series, we’ll take a look at free cash flow for Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BHI), and FMC Technologies (FTI).

Approximately 82% of analysts tracking Halliburton rate it a “buy” or some equivalent. About 16% rate it a “hold” or equivalent, and 2% recommend a “sell.”

By October 30, 2015, the total US rig count fell by 16 crude oil rigs. The number of crude oil rigs has continued to fall in the past nine weeks.

Schlumberger (SLB) provides technology, project management, and information technology services to the oil and natural gas exploration and production industry.

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The biggest rationale for the ACE–Chubb merger is the potential for cost-cutting. By combining with Chubb, ACE Limited is creating a leading player in property and casualty insurance.

The acquisition bolsters Capgemini’s exposure in the financial verticals—where IGATE is particularly strong—as well as manufacturing, retail, and healthcare.

Halliburton (HAL) is a Texas-based energy company. It’s an oil and gas equipment and service provider. In the past year, Halliburton’s stock price went down ~22%.

Deepwater Horizon was a deepwater, offshore oil drilling rig owned by Transocean (RIG) and operated by BP Plc. (BP). On April 20, 2010, while drilling at the Macondo Prospect, there was an explosion on the rig caused by a blowout that killed 11 crew members.