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

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To: ItsAllCyclical who wrote (57049)12/16/1999 2:29:00 PM
From: Fun-da-Mental#1  Read Replies (3) of 95453
 
To thread: Where are the E&P earnings? Oil and gas prices were good last quarter, but it seems the money didn't come through to the bottom line (unless I just happen to be following a bunch of losers). We expected a time lag with the drillers, but why are the E&P's having such a hangover? It's gotten to the point that some of the small companies are collapsing. Have we seen the worst? Any thoughts?

Fun-da-Mental
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