Halliburton is currently one of the biggest oilfield services companies in the world. This is a company that provides support equipment and services not only to the companies currently drilling in some of the hottest oil-rich areas in the United States, but also in many countries around the world. In the time of an oil boom like the U.S. is currently experiencing, the efficiency of the equipment and services these companies provide is key for an oil producer to beat its competition. In this video, Motley Fool energy analyst Taylor Muckerman gives us a few examples of just how essential that efficiency is.
Domestic oil and gas service companies have taken a hit in the recent past because of a slowdown in the natural gas drilling boom of the past couple of years. As this market looks to rebound, investors would be wise to consider Halliburton, one of the top companies in the business and one of those most in tune with the domestic market. To access The Motley Fool's new premium research report on this industry stalwart, simply click here now and learn everything you need to know about how Halliburton is positioning itself both at home and abroad.
The article Cost and Efficiency Will Be Key for Halliburton and Peers originally appeared on Fool.com.
Joel South owns shares of Schlumberger and Halliburton. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Halliburton. Motley Fool newsletter services recommend Halliburton. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.