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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ken W who wrote (22000)11/10/2000 10:39:41 PM
From: JoeinIowa  Read Replies (2) of 29382
 
Ken,

What you should see in the coming weeks are some estimate upgrades on the O+G and driller sector. Interesting for me is the fact that the drillers are in better financial shape but do not have the explosive potential as the true producers. You only have so many rigs that you can rent at anytime etc... For CHK my estimates for the current quarter if NG averages 4.50 they will earn around .50 as compared to predicted estimates of .41. At 5.50 I am guessing around .60. If I can figure this out the analysts should be doing the same but I think they are waiting to see which way the price of NG is going to trend.

Joe
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