Anyone following UTI Energy Corp.? Message Board

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Gold/Mining/Energy : Anyone following UTI Energy Corp.?

UTI 27.50

-1.7%

Jan 9 9:30 AM EST

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To: XOsDaWAY2GO who wrote (1281)	6/10/1999 12:21:00 PM
From: The Ox	Read Replies (1) of 1305

One thought, UTI is mostly land based drilling and therefore it's profits are highly tied to the price of crude. It's been commented on before on the SD thread that land drilling is often the first to benefit from rising crude and NG prices. Likewise, land drillers are also the first to suffer from price declines. Crude around $18/bbl and NG around $2.40/mcf

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