Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Think4Yourself who wrote (48546)	7/29/1999 10:03:00 AM
From: SliderOnTheBlack	Read Replies (3) of 95453

<< Profit More Than Triples on Higher Oil Prices, Production >> ...this will be the ''E&P Mantra'' for the next 2 quarters imho. Load the boat; it's starting... HSE up 20% in one week... off of good earnings report etc. Q4 is the one that's going to ''rock the street''' imho... Buying RRC large here.... less that $5 1/2 from it's recent $7 high and now has a great new joint venture.... CRK still cheap..... so many gifts & so little money left.... Buying RRC here - may be fully invested by tomorrow.... Merrilll upgrades E&P's (these aren't drillers by the way Maria of CNBC ) BR UPR & APA.... A P A C H E D E L I V E R S ! Energy News Thu, 29 Jul 1999, 9:48am EDT Apache 2nd-Qtr Profit More Than Triples on Higher Oil Prices, Production Apache's 2nd-Qtr Profit More Than Triples on Higher Oil Prices Houston, July 29 (Bloomberg) -- Apache Corp., a U.S. oil and natural-gas exploration and production company, said second- quarter earnings more than tripled because of rising energy prices and increased production. It's an E&P game folks.... at least 2 quarters before the driller & service fundamentals turn over.... we've got shorterm 50% to doubles littering the highway in E&P land.... CRK RRC MEXP HSE OEI XTO UPR etc. Hooooooo Hahhhhhhhhhhhhhhhh $$$$$$$$$$$$$$$$$$$$$$$ ... and our own notorius ''B i g '' is back in the house.... just like old times. Big; any comments on new orders, rig utilization from the front ? - are we still 2 quarters away like many CEO's are saying ? comments ole' canine one ? E&P's vs. drillers & service stocks ?

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