Ensco International Inc. (ESV) 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.

Gold/Mining/Energy : Ensco International Inc. (ESV)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Czechsinthemail who wrote (729)	2/3/1998 4:37:00 PM
From: R.B.Williams	Read Replies (1) of 2005

Got this off of the GW thread: HOT NEWS* Going by this news, GW is a " Bargin ". Read on.. Energy demand is at all-time highs, technological advancements have lowered the costs of finding oil, rig utilization is near 100%, and oil service equipment supplies are tight. As a result, the near-term may be bumpy for oil service stocks but the overall trend in oil exploration and drilling remains bullish. David Dickson, a spokesman for Mobil, has said that drilling rigs, steel pipe and pressure pumping equipment are all in scarce supply. The result has been that oil service companies have been able to raise prices on some equipment. Product prices are now slightly higher than in the previous quarter, and way up over 1996 levels.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next