Energy stocks, especially oil service names are cheap relative to projected earnings for 2013. I am talking SLB and HAL.
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Energy stocks, especially oil service names are cheap relative to projected earnings for 2013. I am talking SLB and HAL.
Posted in Investing Themes
Sakia Capital 
Great idea! Oil prices continue going up due to QE3. Looks like oil services have a good tail wind. Also saw a lot of hiring in the Houston Chronicle for oil services companies. Congrats on the new site and venture IP!!!!
By: Patrick Nelsen on September 17, 2012
at 3:40 pm
I agree with that recommendation. I see 25% upside to current price levels for HAL.
By: MWalker on September 18, 2012
at 12:19 pm
On another note, refiners are getting too toppy, i.e. VLO and HFC
By: sakiacapital on September 19, 2012
at 9:25 am
Congrats! Figured I’d officially write on here and leave my mark. Been long FCX and NEM into the QE3 pop. Agree with you on the refiners being a short candidate, but there could be more upside…on a purely technical note, the Bbands and RSI are close to optimal.
By: Mr. Barrons on September 20, 2012
at 2:38 pm