The ~$1.1 billion Heartware International deal has strengthened Medtronic’s position in the VAD market, which was estimated to be worth $800 million in 2016.
In fiscal 1Q18, Medtronic (MDT) reported ~26.9% of operating margin on a constant currency basis. This represented year-over-year growth of ~50 basis points.
In the past year, Schlumberger’s (SLB) North America revenues declined 14%. In 1Q17, SLB’s revenues from North America totaled 28% of its total revenues.
In this article, we’ll discuss Halliburton’s 2016 value drivers. From 4Q15 to 4Q16, Halliburton’s Drilling and Evaluation (or D&E) segment’s revenue fell 22%.
In 4Q16, analysts expect an $0.11 adjusted loss per share for Baker Hughes. They expect Baker Hughes’s adjusted loss to improve 29% in the coming quarter.
From 3Q15 to 3Q16, Halliburton’s (HAL) Drilling and Evaluation (or D&E) segment revenues fell 30%. From 3Q15 to 3Q16, its Completion and Production (or C&P) segment revenues fell ~32%.
HAL’s Drilling and Evaluation (or D&E) segment fell 62% in 3Q16 over 3Q15 due primarily to low rig count, lower pricing for HAL’s products and services, and upstream producers’ budget cuts.
In 3Q16, Schlumberger’s free cash flow was ~$1.0 million—compared to ~$2.2 billion last year. Its free cash flow has been positive in the past 13 quarters.
After the release of the FOMC’s November statement, Bill Gross said that monetary policy in the United States is steadily moving toward normalization, though its pace is slow.
In 2Q16, Baker Hughes’s adjusted EPS fell short of analysts’ consensus EPS estimates. On average, the company’s adjusted EPS has fallen short of consensus EPS estimates by ~12% in the past 13 quarters.
Approximately 78% of analysts tracking Schlumberger have issued a “buy” recommendation or some equivalent, and ~17% have issued a “hold” or some equivalent.
The Bakken Shale produced 1.0 MMbpd of crude oil in June 2016. That’s 3.2% less than the production level in May 2016 and 17% lower than the production level in June 2015.
Halliburton Company, the second-largest oilfield equipment and services provider by market capitalization, has had a fair run in the stock market in 2016.
In its 1Q16 conference call, Anthem updated its 2016 revenue guidance to $81 billion–$82 billion—higher than the previous projection by about $1 billion.
Colgate-Palmolive’s global market share is ~45%. It is the leading toothpaste compared to Oral-B and Close-up, especially in emerging markets like India.
All the rig types Transocean (RIG) operates—ultra-deepwater, deepwater, harsh-environment, midwater, and jackup—recorded lower revenues in the past year.
Kansas City Southern is subject to competition from truck carriers, barge lines, and other maritime shippers. Given KSU’s relatively small scale of operations, its competition is probably the toughest among all Class I railroads.
According to Coach, its revamped retail stores in North America were experiencing positive comps. Further, same-store sales in Europe grew at a double-digit pace.
About 18.5% of Clorox’s sales were generated in international markets in fiscal 2015. International sales declined in fiscal 2015 due to an unfavorable foreign currency impact.
Freeport-McMoRan’s (FCX) net debt was negative in 4Q12. This basically means that the cash on Freeport-McMoRan’s balance sheet was more than its borrowings.
Walmart has updated its capital expenditure projections for fiscal 2016. It expects to spend $12.4 billion in fiscal 2016, in the middle of the $11.6–$12.9 billion guidance range provided earlier.
Alcoa reported revenues of $5.6 billion in 3Q15, down 11% year-over-year. Alcoa’s 3Q15 revenues were negatively impacted by plant closures and divestitures.
PepsiCo’s Frito-Lay North America division contributed 22% of the company’s net revenue in fiscal 2014. The segment posted an operating margin of 28% in fiscal 2014.
PepsiCo’s strategy for its UK business involves continued investment in its core brands across snacks and beverages, including Walkers, Tropicana, Naked, Quaker, and Pepsi.
Tesla (TSLA) uses the online sales model coupled with company-owned stores to sell its cars. Selling more vehicles online reduces the company’s selling costs.
Walmart’s (WMT) Sam’s Club segment posted sales of $14.7 billion in 2Q16. That was down 0.9% compared to 2Q15. Results were affected by lower energy prices.
Estée Lauder’s fragrance products accounted for 13% or $1.4 billion of the consolidated net sales in fiscal year 2014. The segment’s operating profit came in at $0.1 billion.
According to its 13F filing, AQR Capital initiated a position in TE Connectivity (TEL) in 4Q14. TEL stock represented 0.39% of the fund’s 4Q14 portfolio.
