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

To: Douglas V. Fant who wrote (45931)6/4/1999 10:07:00 PM
From: articwarrior  Read Replies (1) | Respond to of 95453
 
"Canada's rig numbers are partly weather-driven. Rig counts pick up when the spring mud is gone..."

And with the increase in drilling comes the increase in profits for these companies. This is a cycle within a cyclical industry... The upside bodes well for these companies.

Of course IMO

Artic



To: Douglas V. Fant who wrote (45931)6/5/1999 2:51:00 PM
From: Maya  Read Replies (1) | Respond to of 95453
 
Doug, Agree with seasonality in rig utilization like you have mentioned. Maybe somebody like Bigdog can do some research and come out with numbers taking seasonality into account.


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