SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lazlo Pierce who wrote (6282)12/30/1997 2:31:00 PM
From: Czechsinthemail  Read Replies (1) of 95453
 
Dave,
RIG vs. DO is a closer call because they are are both deep drillers. CDG is a shallow driller. Though collectively they are all offshore drillers, the situation for shallow drillers is somewhat different. They are more heavily influenced by natural gas prices than crude oil, and the rig supply/demand situation is different. Generally, the deep drillers are likely to have a more secure imbalance between supply and demand for a longer time. That would make them the safer choice. Of course overselling among the shallow drillers can make them more attractive bargains on a price basis. Similarly, land drillers may have a stronger speculative play if everyone gets back on the driller bandwagon. My preference has been to go with the deep drillers, particularly while there is a lot of market uncertainty on the assumption that they are likely to be consensus choices. My favorites are NE and SDC, but RIG, DO, FLC should also do well.
Baird
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News