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Oil Rig Counts Could Keep Falling In America: Here's Why
Thursday, August 13, 2015 - 7:56am | 369According to Walt Chancellor at Macquarie Research, a combination of "resilient supply and continuing productivity gains" will provide headwinds to oil drilling demand. The impact: U.S. oil production may not stabilize until mid-2017, Chancellor said. Looking into the near-term...
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Macquarie Initiates Coverage On Oil/Gas Industry
Wednesday, June 4, 2014 - 11:11am | 410In Wednesday's morning summary, Macquarie analyst Walt Chancellor initiated coverage on a number of players in the "fiercely competitive" oil and gas industry. The most notable of which are Halliburton (NYSE: HAL) and Schlumberger (NYSE: SLB). Halliburton: Outperform, $72 price...
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UPDATE: Macquarie Initiates Coverage On Halliburton
Wednesday, June 4, 2014 - 10:39am | 178In a report published Tuesday, Macquarie Capital analyst Walt Chancellor initiated coverage on Halliburton (NYSE: HAL) with an Outperform rating and $72.00 price target. Chancellor noted that Halliburton is well positioned for the anticipated North American and global upstream trends due to the...