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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Dennis Roth who wrote (182224)4/15/2014 8:10:47 AM
From: Dennis Roth4 Recommendations

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Oil Services & Equipment 1Q14 EPS Preview
U.S. Onshore Market Gains Clash with a Weak Offshore Outlook
13 April 2014 ¦ 47 pages ir.citi.com

On their 1Q earnings calls we expect the major service companies to move from
a cautious stance on U.S. land activity to a more positive outlook with respect to
market demand and pricing. On the other hand, offshore drillers are experiencing
soft customer demand amid a general slowdown in deep water, a recent trend
that has unleashed highly competitive bidding for a handful of open tenders and
short-term work opportunities.
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