When Was the Best Time to Buy HALLIBURTON Stock?
When Was the Best Time to Buy HALLIBURTON Stock?
#1re: When Was the Best Time to Buy HALLIBURTON Stock?
Posted: 5/7/06 at 3:53pm
Buy again now?
#3re: When Was the Best Time to Buy HALLIBURTON Stock?
Posted: 5/18/06 at 8:17am73.76 this morning--buy today before they get the contract for the MEXICO FENCE!
#4re: When Was the Best Time to Buy HALLIBURTON Stock?
Posted: 6/8/06 at 1:38pm
Hmmm...it's down to 69.83 this morning, but they're telling investors today that earning are set to DOUBLE!
Now's the time to become a WAR PROFITEER, just the the BUSHES and the CHENEYS!
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ABC News
Halliburton sees earnings doubling in coming years
Reuters
NEW YORK - Energy services company Halliburton Co.
In a presentation to investors, Gaut also forecast revenue growth for the energy services group of the company of 20 percent per year or more over the next three to five years.
Once it spins off an interest in its engineering and construction arm KBR, Halliburton will be more of a pure-play energy services company.
Gaut said the company would use the proceeds from the initial public offering of a KBR stake to help fund its acquisition strategy.
The company will spend $1 billion to $2 billion a year on deals, Gaut said, to add technology, expand its geographic reach and make better use of its distribution network.
"It's an additive strategy, not a transformative strategy," Gaut said at the investor and analyst day, monitored via Web cast.
Earlier in the day, Chairman and Chief Executive Dave Lesar said the company had completed a turnaround, after years of being battered by asbestos liabilities and other issues.
"We are leaner, meaner, tougher and more focused than we've ever been," said Lesar, who succeeded Vice President Dick Cheney as CEO. "We've got the best set of management we've ever had in this company."
Halliburton sees earnings doubling in coming years
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