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


To: waverider who wrote (16534)3/25/1998 8:24:00 PM
From: Czechsinthemail  Respond to of 95453
 
Diamond,

The comparison of ESV and CDG probably favors ESV unless there is a significant strengthening of drilling demand. Should this occur, CDG probably has more headroom based on the higher leverage and bigger decline from its highs. I think a higher percentage of ESV's fleet is made up of jackup rigs that should show stronger demand. Earnings growth estimates going forward suggest faster growth for ESV.
Baird