SI
SI
discoversearch

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Don Earl who wrote (16270)1/24/2003 6:49:35 PM
From: Broken_Clock  Read Replies (1) | Respond to of 78704
 
The pipe cos. like MVK, LSS, NSS are the first to benefit from the drilling pickup. BHI reported a nice uptick in active rigs this week. Pipers are showing strength. I picked up glbl again today. I think it's bottomed. It's also trading at about p/e 11 with projected 2003 nos. With NG pricing, i expect serious drilling activity to move much higher this summer.



To: Don Earl who wrote (16270)1/25/2003 8:41:07 PM
From: TimbaBear  Read Replies (1) | Respond to of 78704
 
Don Earl

So what would be the likely kind of catalyst for VTS to start moving? Iraq damaging the formations that hold their oil reserves or something like that?

Something like that would make a seismic company hot over-night I would think.

Otherwise, it seems like the E & P companies believe this current spike in oil to be too short term for them to engage in increased activity.

Timba


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News