Oilfield services/equipment
Article Abstract:
Prices for natural gas and oil are expected to improve from their 1994 lows. Companies in the oil field service and equipment areas, especially in North America, are forecast to improve earnings in 1995 and the long-term future along with this price recovery. Overcapacity in these industries has led to mergers and consolidation. Conservative investors may benefit from ownership in several of these stocks, especially those that are internationally active.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Oilfield services/equipment
Article Abstract:
Rising natural gas and oil prices in the 2nd qtr of 1995 have allowed oilfield service and equipment stocks to outperform the market. This is expected to continue for 1995 and 1996, especially for international and technologically innovative companies. Timeliness rankings have improved for this industry and Halliburton is ranked 1. These stocks will have good returns for the conservative investor.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: