Did you happen to see the front page article in Jan. 18th Barrons on the Oil Service sector. An analyst, Matt Simmons, that follows this sector seemed to believe that the International Energy Agency (IEA) has been under estimating the demand and over estimating the supply of oil for some time. Also, he came to this conclusion by following the IEA's monthly corrections and recalculated supply/demand.
He was recommending several oil stocks, none DALY but I would be interested in you perspective on this guys analysis. Here are his stocks: Noble Drilling, Transocean Offshore, Falcon Drilling, Diamond Offshore, Cooper Cameron, Weatherford Enterra, Baker Hughes, EVI, Input/Output
Tom |
