Halliburton Company (HAL) Earnings: The Key to Future Growth

Still, international opportunities represent a huge part of Halliburton’s future growth. In China, Halliburton and Schlumberger have both gained footholds in the nascent shale-gas industry there, holding out their expertise to try to woo local players in the Chinese energy sector. Meanwhile, deepwater plays around the world could help Halliburton immensely, as deepwater rigs continue to command high prices from companies seeking their fortunes in large oil finds in hard-to-reach places in the world’s oceans.

One smart efficiency move of its own that Halliburton Company (NYSE:HAL) made in the past week is its deal with Nuverra Environmental Solutions Inc (NYSE:NES) to provide water-recycling services for its hydraulic fracturing practices. By reusing water in dry areas like the Bakken shale play, Halliburton should get cost savings and appease environmentally minded critics of fracking.

In the Halliburton earnings report, watch for the breakdown of the company’s results between domestic and international operations, as well as across its onshore and deepwater business. Identifying where the best growth opportunities are will be vital for Halliburton to keep its earnings moving in the right direction.

The article Halliburton Earnings: The Key to Future Growth originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends Halliburton. The Motley Fool owns shares of Nuverra Environmental Solutions and has the following options: long January 2014 $4 calls on Nuverra Environmental Solutions and short January 2014 $3 puts on Nuverra Environmental Solutions.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.