SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SliderOnTheBlack who wrote (47079)6/30/1999 10:03:00 AM
From: Think4Yourself  Read Replies (2) of 95453
 
I agree, E&P's are the place to be. All this quarter they have been making money selling oil and gas at the higher prices while drillers and service companies have had no new business. We should see some substantial differences in earnings between these groups this quarter.

Those E&P's that are continuing to drill are also getting those services at bargain prices, making them even more attractive. A little E&P that plays their cards right should come out of this cycle as a much bigger/stronger E&P. Look for drilling activity (Especially using 3D Seismic) in earnings reports.

This logic is SO simple that it is easy to miss.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News