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


To: ItsAllCyclical who wrote (44202)5/6/1999 5:16:00 PM
From: articwarrior  Read Replies (1) | Respond to of 95453
 
KEG's debt/leverage

KEG's old high was above 35 man!(that was in Nov 97)..... My projection of 21 to 25 in 6 - 8 months considers DEMAND above all else combined with a whiplash from not pumping! I expect eventually for that high to be taken out...yes. The recent report from EIA is just the beginning of the best Oil Bull market in the industry yet. Oil at 25 by year end. That has been my call. At 25 per barrel I belive I'm being conservative on my estimates for KEG.