Deepwater drilling is the hot topic in the energy space today, and with good reason. Halliburton (HAL 0.27%) 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 (BHI +0.00%) 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.
