Halliburton

Stockholder Analysis Halliburton

Overview of the company

Halliburton is a multinational company, founded just after the First World War (1919), in the United States at City of Texas by Erle Halliburton, primarily provides products & services in industry of Oil and Gas. There are about 300 subsidiaries, affiliation, branches, brands and divisions across the world. Halliburton offices are also operating in Denver-Colorado, Bakersfield-California Anchorage-Alaska, Lafayette-Louisiana & Oklahoma City-Oklahoma.

Doe Halliburton Energy Services Group (ESG) which is a subsidiary is very important as it provides solutions and technical services for the exploration and production of oil and natural gas.

It has become the largest multinational, second service provider to the oil and gas industry in the world. It demonstrates in more than 70 countries with hundreds of subsidiaries, affiliates, branches, brands and divisions worldwide world. The Group employs more than 68,000 people. It is especially developed in the areas of deep oil drilling and exploitation of shale gas (www.halliburton.).

Financial Outlook

Over the five years to 2012, North American segment revenue for Halliburton is expected to grow at an average annual rate of 21.3% to $18.7 billion, despite a steep fall in 2009. Revenue surged more than 55.0% in 2010 and 2011, with another jump of 29.8% expected in 2012. This growth has been supported by customers' increased capital spending, increased drilling activity and pricing improvements. This growth has been supported by customers' increased capital spending, increased drilling activity and pricing improvements.

Drilling suspension in the third quarter of 2010 is due to the federally imposed moratorium after the Deepwater Horizon explosion and oil spill limited revenue gains for the year. In 2009, revenue fell 32.1%, reflecting weaker pricing and reduced demand for drilling rigs. In 2007 and 2008, revenue exhibited solid growth due to strong demand for the services in both company segments. Halliburton noted that increased capacity and rig numbers largely drove gains(Halliburton annual report, 2011).

Stockholder Analysis

The shareholder of this company is usually high worth people, individual, taxable large domestic and foreign investors. Marginal investors of Halliburton are usually those individuals who sell or actively engaged in the purchase of the share title. A person who thinks that the price of a security is too high for what it's worth buying, and a person who thinks its price is far too low to make it worthwhile to sell are not marginal investors. These are those investors who purchase shares on prediction bases and large institutional prefers to buy Halliburton shares. Halliburton is a multinational company and therefore, they have their operation across the globe and have been on NYSE (www.stock-analysis-on.).

There are nine boards of directors, out nine boards of directors; three are inside director of Halliburton. Seven board of director have connection with the firm that is directly linked with the Halliburton Clients, customers and suppliers. Robert A. Malone is the only board of director, who is CEO of any other company. David J Lesar represents the large stock holdings as he is the CEO of Halliburton company.

Bondholder Concerns

Halliburton have publicly traded debt, ...