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


To: marc chatman who wrote (19331)4/16/1998 12:43:00 PM
From: Thean  Read Replies (2) | Respond to of 95453
 
Marc,
I would consider land drillers as well. Their estimates this quarter had been cut quite severely the last few months and it is easy to meet or beat expectation for them. I have not heard much about their utilization rate so far but one way to research is to do the relative valuation calculation to see which one has the lowest PE and which one has the highest growth rate going forward. Ron's site should be good. Keep an eye on BDI and GW - both relative laggard. PTEN and UTI have name recognition and they tend to trade ahead of others both up and down intraday.

In a day like today one has to keep a cool head. Crude is surging and this is good news. There are way too much cheerleadings on this thread and many are only painting great pictures on the stocks they own. Just be careful and do your own research and set your own objective.



To: marc chatman who wrote (19331)4/16/1998 12:45:00 PM
From: Broken_Clock  Respond to of 95453
 
marc...Doug Fant & pz are our resident insiders for the land drillers. Try and give them a holler. pz seems to really have a handle on the deployment scenario for the land guys.

**OT** Does anyone get the feeling that the internets will suffer the same fate we did last Nov-Dec.? I wanna be holding puts when that day comes! They were all over the national news last night. What's takes longer and is harder to build: an internet search engine or a drill rig...Duh!