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


To: Narotham Reddy who wrote (31330)10/31/1998 10:30:00 AM
From: articwarrior  Read Replies (1) | Respond to of 95453
 
"Why Schlumberger's look so appealing right now"

Such wonderful accolades. But I wonder if the long term contracts carrying these guys through the hard spots will not be an albatross to them when oil recovers? Doesn't these companies have to contract long term for future contracts and if they do it will be at today's prices won't it?