Onshore Drillers are looking good

[dan_s]

I stayed up late last night working on the Onshore Drillers. Updated profiles for PDS and PTEN have been posted under the Watch List Tab. A Flash Alert will be going out to all of our members today, recommending they take a hard look at this group.

If you listen to both companies first quarter conference calls, you will hear that they both think 2014 is going to be a great year. They have both upgraded their rig fleets and are well positioned to get a lot of long-term contracts for the high end rigs as the shale plays move to pad development drilling.

Read our profiles and go to each companies website to view their presentations.

I am also bullish on UNT, NBR and HP. Unit Corp. is really more of an E&P company now, but they do have a profitable drilling subsidiary.