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Gold/Mining/Energy : Anyone following UTI Energy Corp.? -- Ignore unavailable to you. Want to Upgrade?

To: Captain James T. Kirk who wrote (496)	4/19/1998 4:33:00 PM
From: Susan Saline	Respond to of 1305

Business Summary UTI Energy Corp. provides contract drilling services concentrated in the oil and natural gas producing basins of Oklahoma, Texas and the Gulf Coast. The Company also provides pressure pumping services. For the fiscal year ended 12/97, revenues rose 87% to $182.4 million. Net income rose from $4.9 million to $12.5 million. Results reflect higher demand for drilling services and growth in rig fleet. Earnings also reflect increased gross profit due to higher prices and consolidated savings. Wednesday February 18, 1998 UTI Energy Reports Record Fourth Quarter Results and Share Repurchase Program - Business Wire - 4:05 pm ZACKS Consensus Estimate for Current Fiscal Year ( 12/98 )$1.29 per share Consensus Estimate for Next Fiscal Year ( 12/99 )$2.17 per share Consensus Estimate for Current Quarter ( 3/98 ) $0.24 per share Actual Earnings Last Quarter ( 12/97 ) $0.28 per share EPS Surprise Last Quarter 0 % This says 4/24 quicken.excite.com Sue

To: Captain James T. Kirk who wrote (496)	4/19/1998 9:06:00 PM
From: R. Murphey	Read Replies (1) \| Respond to of 1305

Captain James T.: Thanks for the reporting date lead. I'm glad to hear UTI's reporting date is earlier. If true, the accelerated date may indicate UTI is getting its internal accounting processes in order for timely management and, hopefully, increased profit margins. A reasonably good showing during this past mild winter should pave the way for a fantastic, non-"El Nino" year. Ready to climb the peak once the "financials" catch on to what's happening? Pokey, aren't they?