Wednesday, September 4, 2013

4 Energy Stock Stories To Kick Off a New Trading Month

4 Energy Stock Stories To Kick Off a New Trading Month | Wall St. Cheat Sheet
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Halliburton Co. (NYSE:HAL): Closing price $48.30

Trinidad Drilling Ltd. announced Tuesday?that it has reached a joint venture accord with a wholly-owned subsidiary of Halliburton Co through which?to?supply and operate drilling rigs for the latter?s international integrated projects. The joint venture should center initially on the Kingdom of Saudi Arabia and Mexico, with future growth opportunities in other?global markets. Through the terms, the joint venture will have an option of first look to provide drilling rigs for all of Halliburton?s managed onshore projects other than Canada and the United States. Further, the joint venture will have a right of first look at Trinidad?s onshore contract drilling opportunities as well.

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HAL-20130903

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