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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: MWitte who wrote (28467)12/24/2003 9:46:05 AM
From: quehubo  Read Replies (2) of 206121
 
I have not followed UNT much. It may do just as well as PTEN NBR. But PTEN NBR have a fleet of 301 and 420 land rigs while UNT has only 87. PTEN NBR have their fleet about half utilized while UNT is 94% utilized.

So NBR PTEN have dominant market positions and have plenty of upside to deploy more rigs and capture increasing day rates.
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