Nuverra Environmental Solutions Inc (NES), Noble Energy, Inc. (NBL), Halliburton Company (HAL): 1 Company With the Future on Its Mind

Final Foolish thoughts

Halliburton COO Jeff Miller had a lot of good things to say about his company’s future during its most recent quarterly conference call. He noted that the company has only converted about 10% of its fleet to its “Frac of the Future” program and hopes to be up to 20% this year, with a goal of 50% by 2015. It’s his belief that this move will “deliver material differentiation and provide a sustainable competitive advantage to Halliburton for years to come.” The key takeaway is that Halliburton is leading the way to innovate the fracking process, which is saving its customers money while also improving the environmental shortcomings of the process. This is why Halliburton has the potential to deliver outstanding long-term returns to investors.

The article 1 Company With the Future on Its Mind originally appeared on Fool.com and is written by Matt DiLallo.

Fool contributor Matt DiLallo owns shares of Nuverra Environmental Solutions. 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.

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