Oil Stocks: Why This Time Is Different

[dan_s]

After three challenging years, the oil market is showing real signs of improvement. Oil prices, which many in the industry expected would be at or below $50 a barrel this year, are now above $70. Crude might not be done running higher due in part to the fact that oil producers in the U.S. are taking a much different approach to how they allocate their oil-fueled cash flows.

That trend was one of the central themes on the first-quarter conference call of oil-field technology company Core Labs (NYSE:CLB), where CEO David Demshur provided his take for why things are different in the oil market this time around.

Read: https://www.fool.com/investing/2018/05/ ... erent.aspx

[ChuckGeb]

Also, listening to Mark Papa’s views on the macro oil environment on Centennial Development conference call is worthwhile listening. A wise master building what he calls the second best oil company. He knows how to manage expectations, execute, and sell his company. Very entertaining to listen to a master at work.