Oil service companies
Oil service companies
In reading the recent earnings reports of oil and gas companies many are very good. One common thread for them all is increasing capital spending to drill and produce more oil and liquids. The beneficiaries of this will be the service companies. MIND and PTEN are two on the Sweet 16. One other I think has big potential is CPX, Complete Production Services. Pressure pumping is 30% of their business, low debt and great service areas. What do you think?