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

To: Lucretius who wrote (12615)2/23/1998 3:54:00 PM
From: The Perfect Hedge  Read Replies (2) | Respond to of 95453
 
You guys are grasping.I don't want this sector to get whacked but it is and will continue.
Oil doesn't look good for the rest of 98 luc.seriously think about that.E&P budgets will be cut and there we go;look out below..
GD



To: Lucretius who wrote (12615)2/23/1998 3:58:00 PM
From: Bazmataz  Read Replies (1) | Respond to of 95453
 
All: Now that oil is still dropping, do we dare think about which companies (if any) may start warning of revenues and/or dayrates being affected? When does utilization begin to affect us? Will someone more knowledgeable than me please explain?

At some point, this has to start hurting our group, and I'm just wondering at what price point that comes, and how much farther down the road that impacts our earnings.

Thank you for any comments.

BC


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News