Around the Oil World in 3 Minutes
Oil and gas services earnings kicked off today with Schlumberger releasing some growth on the top line that didn't trickle all of the way down to earnings. Within the earnings conference call, management touted international growth as the main driver of the company's success during the quarter. Because Schlumberger derives a much greater portion of its revenues from international markets when compared to peers like Halliburton , this growth was great news for investors. Where did this growth take place? Motley Fool energy analyst Taylor Muckerman walks you through the report.
Domestic oil and gas service companies have taken a hit in the recent past due to a slowdown in the natural gas drilling boom of the last 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 Around the Oil World in 3 Minutes originally appeared on Fool.com.Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Halliburton and Statoil (ADR). The Motley Fool owns shares of Halliburton. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.
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