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: Tulvio Durand who wrote (49528)	8/19/1999 2:24:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

Anyone liking XTO here ? its seen $15 twice in 12 mos. Just like RRC - XTO is a retrace off a substantial recent high - both have 30%+ in merely retracing - finding support here... RRC has a more quantifiable story - CEO pounding the table saying - ''we will have substantial Q3 upside in cfps etc/ hedges coming off - stepping up drilling... Deutsche upgrade etc. XTO - made this recent acquisition - in which some think they paid too much - not really... their CEO - Bob Simpson is solid as a rock - one of my fav's from what I see, read etc... he is posied for some huge upside if we see nat gas move this winter... this has seen $20 and $15 twice in 12 mos = nearly 40% in merely retracing to a recent high... I like it... Too many opps - too little money.... Okay - I will mention a longterm OSX play - VTS; also FLC - 40% in here - buy heavy on a retrace, or on fundamental moves in rig counts, dayrates... also, anyone following my old buddy OMNI ? - the laggard.... they are in the shallow water / transition zone - seismic drilling-prep work - lots of potential to share in the nat gas upside coming soon - they can NOT move if the RDC's ESV's & land drillers are deserving of their moves... looks like a laggard buy to me as well - but may take some time.. so a good buy & hold...imho.

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