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Oilfield services/equipment

Authors :
Bischof, Christopher W.
Mitkowski, Robert, Jr.
Bos, Roger J.
Randall, Edward G.
Lyons, John T.
Seltzberg, Peter L.
Source :
The Value Line Investment Survey (Part 3 - Ratings & Reports). May 31, 1996, Vol. 51 Issue 38, p1854, 21 p.
Publication Year :
1996

Abstract

The number of offshore drilling rigs has decreased to about 575 in 1996 due to lower daily rental rates. Increased drilling activity for petroleum and natural gas in 1996, however, is giving suppliers and offshore drillers greater earnings prospects for the next three to five years. Coiled tubing and 3D seismic are among technologies that are becoming important, also. Investors for the long term will find several good stocks here.

Details

ISSN :
00422401
Volume :
51
Issue :
38
Database :
Gale General OneFile
Journal :
The Value Line Investment Survey (Part 3 - Ratings & Reports)
Publication Type :
Periodical
Accession number :
edsgcl.18362387