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: Mark Adams who wrote (54171)	11/7/1999 3:01:00 PM
From: GlobalMarine	Read Replies (1) of 95453

DO has a much better balance sheet than does RIG (interesting how so many public companies are loathe to show their balance sheet; they never want to show them on their 10Q's). That is, less debt, more equity, a much lower debt-equity ratio than anyone else. How long will the weakness in this sector last. If it persists, who will be left standing? The cash-rich drillers or cash-poor ones.

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