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: Gary Burton who wrote (53435)	10/22/1999 10:47:00 PM
From: Broken_Clock	Read Replies (1) of 95453

Gary...I agree on S&P and OSX. Not so sure about E&P tho(you said you were negatory on anything oily at this time. PXD hit 12¢ instead of consensus 4¢. OEI hit 27¢ instead of 14¢. E&p #'s were based on higher debt and lower oil/NG prices ... much lower! They are payig downdebt at the same time they are realizing higher net on sales. Best of all worlds. These guys should really come on, even with oil at $18 and NG at $3. Long OEI and PXD.

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