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Technical Research on Halliburton and Schlumberger: Energy Equipment Providers Poised for Big Year

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Tue Jan 22, 2013 8:02am EST 

Technical Research on Halliburton and Schlumberger: Energy Equipment Providers Poised
for Big Year

LONDON, January 22, 2013 /PRNewswire/ --

    Slow growth in much of North America is a concern for energy equipment companies
like Halliburton Company (NYSE : HAL) and Schlumberger Limited (NYSE : SLB), but
increased activity in the Gulf of Mexico, the Middle-East and parts of Latin America is
amply making up for it. In view of this, StockCall has initiated a first round of
technical analysis on Halliburton and Schlumberger. The free reports are currently
available upon registration at  

    http://www.stockcall.com/signup  

    The increased activity is expected to continue for much of this year, creating
growth opportunities for a variety of equipment providers. Schlumberger Limited's Chief
Executive Officer thinks spending out of international markets could improve by 10%
barring no major setbacks to the global economy. Download the free report on
Schlumberger today by signing up at  

    http://www.StockCall.com/SLB012213.pdf  

    Companies within the industry that supply equipment to both natural gas and oil
companies are beginning to focus more on the oil market. Natural gas supply gluts and
low prices are discouraging new drilling and fracking operations and in turn, lowering
demand for new equipment.  

    However, if natural gas exports continue to grow, a rebound for domestic natural gas
drillers could follow. Domestic powerhouses like Halliburton Co. [Free Report on HAL
[http://www.stockcall.com/HAL012213.pdf ]](1), which derives 58% of its revenues from
North America, could be best positioned to benefit.  

    Footer:  

        
        1) Halliburton Co. Technical Analysis [
          http://www.StockCall.com/HalliburtonCo012213.pdf ]


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