David Lesar

Type: Person
Name: David Lesar (David J. Lesar)
Title: Chairman of the board, president, and chief executive officer
Organization: Halliburton Company
Date of Birth: 1954
Nationality: United States
Fact Sheet: Biography for David Lesar
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Analysts and Industry Leaders Bullish on North American Fracking Demand

Upon review of second quarter earnings reports from industry participants, analysts are rather bullish on future demand for hydraulic fracturing in North America.Halliburton in particular is looking to take advantage of projected increases in demand for ... [Published JD Supra - Jul 25 2014]
First reported Jul 23 2014 - Updated Jul 24 2014 - 1 reports

Halliburton: U.S. fracking market turning a corner

While news about hydraulic fracturing has overwhelmingly focused on its impact on the environment, the market for hydraulic fracturing actually has exhibited behaviors typically associated with the oil and gas industry, i.e., boom and bust.After two years ... [Published Processing Magazine - Jul 23 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Oil & Gas - Brazil, Mexico - Brazil, Mexico to determine Halliburton's LatAm turnaround, says CEO

A turnaround in US oil services firm Halliburton's Latin American operations is dependent on events in Brazil and Mexico, the firm's CEO David Lesar said during a 2Q14 conference call.Halliburton's total Latin America revenue fell to US$897mn in the second ... [Published Business News Americas - Jul 22 2014]
Entities: Mexico, David Lesar, Brazil
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Halliburton’s Dream Run Continues

The global oilfield services business is operating at record levels of activity and revenues are expected to grow at a CAGR of ~12% between 2014 and 2019. North America, which has the largest share of the global oilfield services industry with 52%, is ... [Published Motley Fool Discussion Boards - Jul 22 2014]
First reported Jul 21 2014 - Updated Jul 22 2014 - 5 reports

Halliburton profits up on U.S. demand

Halliburton Co., the world’s largest provider of hydraulic fracturing services, said it has seen demand for fracking in North America turn a corner and the company is adding crews as the industry burns through excess capacity that had depressed price ... [Published News-Journal - Jul 22 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Halliburton Meets Street Forecasts, Sees Nat Gas Drilling Up

Halliburton shares are moving higher on Monday after the oilfield services company says natural gas drilling in the U.S. is increasing as prices of nat gas have started moving higher. Halliburton earned $0.91 a share, in line with forecasts and up 20% ... [Published TheStreet.com - Jul 21 2014]
First reported Jun 30 2014 - Updated Jun 30 2014 - 2 reports

Petrobras Said Offering $2 Billion of Work to Squeezed Drillers

June 30 (Bloomberg) -- Petroleo Brasileiro SA, the biggest crude producer in ultra-deep waters, is offering more than $2 billion in drilling-service contracts, some under revised terms after suppliers complained about the original agreements, said two ... [Published Washington Post - Jun 30 2014]
First reported Jun 24 2014 - Updated Jun 25 2014 - 2 reports

Fraud-on-the-Market Lives On: Halliburton Co. v. Erica P. John Fund, Inc.

On June 23, 2014, the U.S. Supreme Court issued its second decision in Halliburton Co. v. Erica P. John Fund, Inc. , __U.S. __(2014), 2014 WL__ (U.S. June 23, 2014) (" Halliburton II "). In this widely anticipated decision, the Court reaffirmed its earlier ... [Published JD Supra - Jun 25 2014]

Quotes

The CEO was positive about Mexico's long-term prospects. "we remain encouraged by the prospect of energy reform in mexico and believe that as the market gains more certainty around the direction of reform, future service activity will increase" Lesar said
...Commenting on Russia, the CEO David Lesar said, "as tensions potentially escalate and the risk of more sanctions sort of looms, that's what we believe puts some risk into the business in the back half of the year."
"we have concluded, based on the strength of this outlook, that we will immediately accelerate additions to our hydraulic-fracturing fleet and logistics capabilities with new crews available for service beginning later this year" Lesar said

More Content

All (15) | News (13) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Analysts and Industry Leaders Bullish on North ... [Published JD Supra - Jul 25 2014]
Halliburton: U.S. fracking market turning a corner [Published Processing Magazine - Jul 23 2014]
Oil & Gas - Brazil, Mexico - Brazil, Mexico to ... [Published Business News Americas - Jul 22 2014]
Halliburton’s Dream Run Continues [Published Motley Fool Discussion Boards - Jul 22 2014]
Halliburton profits up on U.S. demand [Published News-Journal - Jul 22 2014]
Halliburton Meets Street Forecasts, Sees Nat Ga... [Published TheStreet.com - Jul 21 2014]
Halliburton to expand North American capacity [Published Argus Media - Jul 21 2014]
UPDATE 3-Halliburton signals N. America demand ... [Published CNBC - Jul 21 2014]
Halliburton gets boost from rebound in North Am... [Published Financial Post - Top Stories - Jul 21 2014]
Halliburton gets boost from rebound in North Am... [Published Reuters - Jul 21 2014]
Petrobras Said Offering $2 Billion of Work to S... [Published Washington Post - Jun 30 2014]
Petrobras Said to Offer $2 Billion in Supply Co... [Published Bloomberg - Jun 30 2014]
Fraud-on-the-Market Lives On: Halliburton Co. v... [Published JD Supra - Jun 25 2014]
Supreme Court Rejects Calls to Overrule Fraud-o... [Published JD Supra - Jun 24 2014]
Biography for David Lesar [Published Able2Act - Oct 03 2007]
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Halliburton gets boost from rebound in North Am... [Published Financial Post - Top Stories - Jul 21 2014]
Halliburton Co, the world’s No.2 oilfield services provider, reported a better-than-expected 10% rise in quarterly revenue, signaling an industry-wide recovery in the region after a two-year slump. Halliburton’s shares rose 1.5% in trading before the ...
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