Oilfield Services - bullish update from HAL

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dan_s
Posts: 34646
Joined: Fri Apr 23, 2010 8:22 am

Oilfield Services - bullish update from HAL

Post by dan_s »

The oilfield service companies have lagged the E&P companies during the recent rally. HAL's conference call, which is listened to by a lot of anaylsts will draw more money to the sub-sector.

http://stocks.investopedia.com/stock-an ... er=YahooSA

Bad news is that the huge backlog of wells waiting on completions will hold down gas prices.
Dan Steffens
Energy Prospectus Group
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