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Microcap & Penny Stocks : Superior Energy Services-SESI -- Ignore unavailable to you. Want to Upgrade?


To: nick nelson who wrote (478)5/13/1999 1:53:00 PM
From: nick nelson  Read Replies (1) | Respond to of 522
 
Oops... SESI revisited.

<<Saudi Arabia, OPEC's biggest producer, said oil prices will rise another 25 percent by the end of the year because of the cuts.>>

Crude at $22.00 a barrel with Brent at $20... How NICE!!

<<Saudi Arabian Oil Minister Ali al-Naimi said Brent crude could reach $18 to $20 a barrel before the end of the year, the Saudi press agency reported. ''The Saudis also said they would defend that price,'' Yu said, by advocating further output cuts if prices fail to
reach that level.
>>

SESI does natural gas also... some 60% of the production in the Gulf of Mexico includes natural gas. I don't know if the shallow water drillers (where the lifeboats work) are recovering much natural gas?

charts.quotewatch.com

Nice move on LOW volume today, if oil does continue upward slowly and steadily... SESI will see $7.00 by August with some institutional buying and more rotation into commodities. <???> SESI can be a "go-go" stock with earnings, instead of a high-flying Internet stock with no earnings and a doubtful future... just a little oil gusher.