Picks of the quarter Message Board

STOCKTALK

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.

Strategies & Market Trends : Picks of the quarter

ATHR 5.890

+1.6%

3:30 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: steve harris who wrote (20355)	3/8/2020 10:40:43 AM
From: robert b furman	Read Replies (1) of 20435

Hi Steve, One that has been very depressed and has been acquisitive over many years is NOV. National Oilwell Varco. They are conservative and have been very innovative with in the deep water drilling. That sector as we know has been in the doldrums. That being said, their activity has been picking up. If we get to very cheap oil, deep water is where it can be found. SLB has pretty much written of shale fracing. Shale still has been a learning curve. I'm of the opinion that XOM and CVX will redefine how low the cost of shale will be. On the fifth (of last week), XOM put on a 2020 investor presentation. Their discussion of "scale" in the Permian is brilliant with regards to tank farm and gas compressor stations spacing and rail to get it to pipelines for transporting it to their steam crackers and polypropylene,polyethylene, and paraxylene plants in Corpus Christi. I was impressed with their well maximization plans, which are called "Cube development". Here's the link: globalmeet.webcasts.com Bob

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next