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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Lois R who wrote (6108)12/24/1997 1:17:00 PM
From: A. Fineigler  Read Replies (2) | Respond to of 95453
 
Thanks Louis. The implication is that demand is greater than had been forecast, meaning drillers have a stronger market ?

On another topic, I screened drillers based on PE, size and growth rates last night, with a focus on mid-size. There were a number of apparent bargains (inc. GLM, NE, TDW) that have been mentioned in this thread. One that has not been discussed is Precision Drilling (PDS). The numbers make them look very attractive. I spoke to their Investor Relations lady today and she said they see very strong earnings going forward and no reason for their stock to be foundering.

Any opinions out there on PDS ?

Thanks,
AF