Replies to post #137 on Halliburton Company (HAL)

[Timothy Smith]

@Abxx - Water management services will be a big driver in the coming years IMO.

The biggest opportunity for the oil services industry is primarily in the disposal and treatment arenas. We estimate that trucking controls about 85 cents of every water-management dollar today, with disposal and treatment services controlling the remaining 15 cents. However, over time, as new regulations are enacted and E&Ps seek to reduce transportation costs and comply with stiffer regulations through using oil services solutions, we think the services portion of the pie will expand. We forecast that in 2018, the oil services industry will have an opportunity to take 40 cents of every water-management dollar because of the increased use of onsite recycling solutions, water tracking, consulting, and other types of technologies, whereas trucking will only get about 60 cents of every dollar.

http://seekingalpha.com/article/1309811-oilfield-water-management-the-oil-and-gas-industry-s-holy-grail

[Timothy Smith]

Greenberg Triples Stake In Halliburton

Glenn Greenberg of Brave Warrior Advisers, formerly Chieftain Capital Management, prefers to keep a concentrated portfolio that he calls his ‘defense against ignorance’ according to Guru Focus. He currently holds just 11 stocks even though he has $2.16 billion worth of assets under management.

After five years at JPMorgan Chase & Co (NYSE:JPM), Greenberg developed his approach to investing at a relatively small firm whose owner required him to become familiar with every aspect of a company’s financials before making any trades, eschewing even pre-made spreadsheets as shortcuts that prevent investors from becoming truly knowledgeable about the companies they evaluate.

Greenberg nearly tripled his stake in Halliburton Company (NYSE:HAL), increasing his position by 190 percent to 4.4 million shares.