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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Lazlo Pierce who wrote (18895)4/13/1998 3:23:00 PM
From: Teddy  Read Replies (1) of 95453
 
Looks like my pal Mavis did a good job on her articles this week,
here's a little snip from the end:

First Call forecasts see year-over-year earnings growth for
the major oils down 37% in first quarter, while earnings
growth for the secondary oil companies, or independents,
will be down 65%, says director of research Chuck Hill.
(Loss estimates for both groups have widened dramatically
since January.) By contrast, earnings for the oil service
group are forecast to grow 119%, down from a forecast of
125% growth in January. Earnings for the drilling group are
forecast to grow by 72%, down from a growth forecast of
90% in January, he says.

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