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Thu Jun 19th 23:28 PM
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IEZ: Oil Equipment and Services Profits Dependent on Rising Crude Prices

I stopped reading this when he used the words "high valuations"
All of the drillers sport single digit PE's, which is half the SP average, and growth rates more than double the SP average. The pure service cos like SLB and HAL are at worst, near the SP average on PE and easily double that of the average growth rate.

Does ANYONE get to post articles here?
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IEZ: Oil Equipment and Services Profits Dependent on Rising Crude Prices

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