-
Posted by
Two Blokes Jun 18 -
Filed in
Stock
-
6 views
Middle East tensions/conflict have made petroleum-related stocks attractive again as a group in June, prompting me to increase portfolio exposure for weeks running. Halliburton is quite undervalued historically, given oil/gas prices are headed higher in a long-term cycle upturn. HAL boasts less debt than in the past, solid free cash flow generation, and an abnormally high dividend yield, positioning it well for future upside.
