We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Undervalued services

21 December 2011 By Christopher Swann

Halliburton, for one, has lost a third of its value in six months. Yet capital spending by big energy groups, which becomes revenue for services firms, is set to rise to a record $600 bln in 2012 – even if oil prices decline. It’s hard to justify the sector’s low multiples.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)