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Have N.A. Oil and Gas Services Margins Bottomed Out?

By Taylor Muckerman – Jan 28, 2013 at 1:00PM

NYSE: BHI

Baker Hughes Incorporated

Halliburton management believes that North American margins could have bottomed. How was the company's fourth quarter affected?

With greater than half of its annual revenue coming from North America, Halliburton (HAL -1.46%) investors always keep their eye on how this segment performs. Luckily for them, things could be turning around in 2013. Company management believes that the margin contraction that has been seen in North America during 2012 has likely bottomed out and should reverse in 2013. Energy and materials analyst Taylor Muckerman discusses this and more in the video below.

About the Author

Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.

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Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Halliburton. The Motley Fool owns shares of Apache and Halliburton. 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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