Anyone following UTI Energy Corp.? Message Board

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Gold/Mining/Energy : Anyone following UTI Energy Corp.?

UTI 22.61

+3.9%

1:30 PM EST

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To: tuna who wrote (427)	4/6/1998 3:35:00 PM
From: Dennis J Ford	Read Replies (1) of 1305

Tuna: Oil is found with natural gas and futures tell what people expect to pay in the future. The price of oil is directly related to the earnings of uti and the earnings or expectation of earnings is directly related to the price of uti's stock. Why would people drill for oil if it's cheap? So oil futures directly influence it's price. Oil futures are going down and so is this stock. When oil futures were going up so was the stock. Dennis

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