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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: hdrjr who wrote (61663)3/7/2000 1:02:00 PM
From: JungleInvestor  Read Replies (1) of 95453
 
PXD is my largest position. Very undervalued stock - similar to UPR. Lot of debt, but reducing debt, rationalized assets, turning around nicely. High oil and NG prices will greatly increase cash flow and make debt a credit non-issue (looking for credit rating increase in near future for debt heavy E&P's), but will really leverage earnings.
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