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


To: Broken_Clock who wrote (19258)4/16/1998 2:18:00 AM
From: Czechsinthemail  Read Replies (2) | Respond to of 95453
 
PK,

I'm expecting ESV will make the estimates. That should be sufficient to carry it to 30. ESV's estimates represent higher growth than most other drillers are expected to report this quarter. The company should also be reporting a lower debt/equity ratio and my guess is they will show some benefit from lower interest rates.

I'll be interested to see the company's return on capital. Historically, that has been very strong and may be continuing to improve.

Add some support from a strengthening oil market and perhaps a few upgrades and ESV will be making shareholders very happy.

Baird