HP and PTEN

dan_s · Post by **dan_s** » Fri Feb 17, 2012 1:59 pm

HP and PTEN will soon go from the Sweet 16 to our new "Drillers Watch List".

This does not mean that I have turned negative on these companies!!!!!!!!!!!!!!!!!!!!!

I just think it will help to see them in comparison to the peer group.

The Drillers Watch List will start with seven onshore and eight offshore drillers.

Right now it looks like EOG, KOG and WLL will all be moving up to the Sweet 16 but I need more time to go over their Q4 results. We are working on EOG today. I believe all three are prime takeovers and I want more exposure to the Bakken and Eagle Ford. These two oil prone shale plays are going to get the most attention from Wall Street.