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Are Huge Deepwater Profits in Sight?

Deepwater drilling is the hot topic in the energy space today, and with good reason. Halliburton (NYSE: HAL  ) is projecting big deepwater gains, particularly in Brazil. Other regions to keep an eye on are the Gulf of Mexico and the North Sea. While Baker Hughes (NYSE: BHI  ) may edge out Halliburton with regard to deepwater market share, Halliburton is running at the space with full force and could realize big margin expansion if it's able to gain a bigger presence.

See more in the following video.

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.


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Taylor Muckerman
TMFrunAMuck

Taylor is an Associate GM in our Fool International operations. Prior to that he covered all things Energy + Materials as an analyst. Over the years, he has built an investing skill set to rely on when evaluating companies inside and out. While at the Fool, he has made appearances on CNBC and Fox Business. In addition, he completed his MBA at the University of Maryland and will sit for the Level II CFA Exam.

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8/4/2015 4:00 PM
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