Halliburton At A Disadvantage, Analyst Says: Schlumberger And Baker Hughes 'In Better Position'
Halliburton At A Disadvantage, Analyst Says: Schlumberger And Baker Hughes 'In Better Position'
Earlier this month, Halliburton Company (NYSE:HAL) said that a cyberattack had disrupted its critical business applications.
本月早些時候，哈里伯頓公司（紐交所:HAL）表示遭受網絡攻擊，導致其關鍵業務應用受到了干擾。
A lower overall revenue diversification puts the company at a disadvantage against the backdrop of a tepid commodity macro, according to RBC Capital Markets.
據RBC資本市場分析師稱，相對較低的整體收入多元化使該公司在疲弱的大宗商品宏觀背景下處於不利地位。
Analyst Keith Mackey downgraded the rating for Halliburton from Outperform to Sector Perform, while slashing the price target from $44 to $37.
分析師Keith Mackey將哈里伯頓的評級從超越市場升級爲板塊表現，同時將目標價從44美元下調至37美元。
The Halliburton Thesis: While the company's revenue growth outpaced large cap OFS peers from 2021 to 2023, its revenues could lag by around 5% from 2024 to 2026, Mackey said in the downgrade note.
Mackey在評級下調註釋中表示，儘管哈里伯頓的營收增長在2021年至2023年超過了大盤油田服務公司，但其營收可能在2024年至2026年落後約5%。
Check out other analyst stock ratings.
查看其他分析師的股票評級。
"Lower growth is largely connected to HAL's 42% revenue weighting to North America" versus the average of 23% of rivals Schlumberger NV (NYSE:SLB) and Baker Hughes Co (NASDAQ:BKR), the analyst wrote. Global rig counts are "increasing at decreasing rates," which puts companies with greater geographic and business diversity in better position to outperform, he added.
這位分析師寫道，相比競爭對手斯倫貝謝斯的平均23%和貝克休斯的42%北美營收佔比，哈里伯頓42%的北美營收佔比使其增長率較低。全球鑽井活動的增長速度在逐漸減緩，這使得擁有更大地理和業務多樣性的公司更有可能取得優異業績。
While Halliburton has achieved margin expansion and lowered its capital intensity, "a potential upward inflection in E&P spending should be more evident in dedicated US providers," Mackey stated.
Mackey稱，儘管哈里伯頓實現了利潤率擴張並降低了資本密集度，但"在美國專業供應商中，勘探和生產支出的潛在上升趨勢應更加明顯"。
HAL Price Action: Shares of Halliburton had risen by 0.29% to $28.10 at the time of publication on Friday.
截至發表時，哈里伯頓股票價格上漲了0.29%，達到28.10美元。
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譯文內容由第三人軟體翻譯。