when kbr spins off from halliburton will this spike halliburtons stock?

Answer 1

KBR has already been spun off. But HAL still owns around 80%. For the long-term I see HAL and oil services as being a very good investment. I have money in Nabors NBR, and 3d seismic companies Bolt BTJ and Mitcham MIND.

Although in the short term, we may have more oil than we need, over the long term, declining oil reserves will require huge new investments in oil services as new sources of oil will be harder and harder to find. This is why I like the 3d seismic companies (they create 3d images of underground oil fields).

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Answer 2

Doubtful. Halliburton will continue to be profitable without KBR. I'd expect a temporary dip but anyone in for the long term should hold tight.

Answer 3

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