News Focus
News Focus
Followers 16
Posts 1521
Boards Moderated 0
Alias Born 05/03/2005

Re: DewDiligence post# 5444

Friday, 07/20/2012 7:06:33 PM

Friday, July 20, 2012 7:06:33 PM

Post# of 30494
WSJ SLB valuation article
That article is a bit shallow. SLB's presence in the shale gas market has been trivial so any decline there hasn't hurt them. That doesn't mean that $2/MBTU doesn't hurt. In addition, SLB has been trying to gain more market share in NA so to portray that as a negative is a bit off. If SLB has been successful in that market share gain, then HAL and BHI have lost share and that will matter more down the line.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now