SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (25364)7/9/1998 1:46:00 AM
From: Todd N  Read Replies (2) | Respond to of 95453
 
PK, BD, anyone. With all this doom and gloom, is it at least POSSIBLE that we might get some upside earning surprises? It seems to me that anything remotely positive could cause sentiment to change.

Earnings estimates have been coming down for weeks, presumably at the guidance of management, but I haven't seen many warnings (in this sector). Does anyone know which drillers have warned so far?

Worst case scenario, say that oil goes to $9 as Ken Heebner said. Can the drillers survive at that level, or will they come crashing down like the Japanese banks?

Todd



To: Broken_Clock who wrote (25364)7/9/1998 8:45:00 AM
From: JZGalt  Respond to of 95453
 
in 1949 bear market, what was the S&P PE(It hit all time high today at 29.5)

Trick question? The S&P500 wasn't created until the early 1960's.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News