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Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Kerm Yerman who wrote (4868)3/25/1998 10:37:00 AM
From: Doug  Respond to of 24921
 
Kerm/Timing:
That clip was reassuring. As for OPEC, I was surprised to see how quickly Venezuela reacted. I believe they and Indonesia are the wild cards in this game. Unfortunately for Saudi- Arabia , every time they cut back to hold the price line , they have lost market share. I think their approach is the only strategy to get some order.

I find the treatment of the Oil stocks and Drillers to be extremely harsh. They first get knocked down with the drop in Oil price and again at earnings time.

Well thats life. I guess all we can do is to endure. Regards.



To: Kerm Yerman who wrote (4868)4/1/1998 3:17:00 PM
From: Joe Bilich  Read Replies (2) | Respond to of 24921
 
Kerm or others--any info on Stanford Energy Corp. STB.V?

Got a glossy mailer today (danger sign) but actually some of the numbers look pretty decent. If they are to be believed they are looking at solid growth in earnings (apparently they earned .29/share in Q1, but I don't know whether this is sustainable or due to special items), revenues, production, and cash flows.

Thanks in advance for any help!

Joe