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To drill or not to drill?
To drill or not to drill? That seems to be the question that Ecuador's President Rafael Correa is asking himself. Or better yet, that is the question that Correa is asking the international community about the possibility of opening up the Yasuni ...
Drilling for gains in offshore drilling services
"Our 'Forecasts Focus List' contains only two energy stocks, both of which are in the oil services sector: Oceaneering International (NYSE: OII) and Transocean (NYSE: RIG)," says blue chip advisor Richard Moroney.
The editor of Dow Theory Forecasts ...
Schlumberger (SLB): Drilling for value
"Valuations for even the best-placed, most well-established companies in the energy space are sitting at levels unseen since the late 1990s when oil prices collapsed to around $10 per barrel," says energy sector specialist Elliott Gue.
Here, the ...
Technical trade #1: Diamond Offshore Drilling (DO)
Worldwide offshore oil and gas drilling contractor Diamond Offshore Drilling Inc. (NYSE: DO) has formed a massive bottom known as a cup-and-handle, which is a very bullish formation.
Coupled with a gold cross (also bullish), DO recently flashed a ...
Drill Baby Drill? Maybe not really
Oil driller stocks have long been a favorite of hedge funds (and Karen Finerman of "Fast Money") and something of a proxy for expected movements in oil prices. During the huge oil spike last year, the Oil Service HOLDRs (ETF) (NYSE: OIH) Oil Services ...
Transocean (RIG): Drilling for deepwater gains
Energy sector specialist Elliott Gue sees opportunity in Transocean (NYSE: RIG), a leadin player in the deepwater drilling area. Here's the latest advice from The Energy Strategist.
"The market for deepwater rigs, however, has remained resilient and ...
Shell ordered to stop Arctic drilling
In what is sure to be only the latest event in a long case of protracted legal wrangling, a San Francisco federal appeals court has ordered Royal Dutch Shell Plc's (NYSE: RDS.A) vessels to stop all operations in the Beaufort and Chuckchi Seas. ...
McCain stock: Seismic firm CGG Veritas (CGV) shows where to 'drill, drill, drill'
This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
"One stock that could get a November bounce should McCain win is seismic firm CGG Veritas ...
Oil stock #3: Diamond Offshore Drilling (DO)
Drill, baby, drill was the calling card of the Republican Party during the last presidential election.
With high oil prices and rising demand, finding new sources of oil is imperative. Given environmental concerns, offshore drilling is one space ...
Florida coast shows promise for oil drilling
One of the most controversial proposals for dropping the price of oil is to allow drilling in protected parklands and in restricted off-shore areas. Since there are deposits of crude and gas in these areas, it is also one of the more sure-fire ways ...
Chasing Value: Precision Drilling for 10% yield
In seeking value stocks that have seen their share prices greatly diminished this past year based on reduced earnings, I came across Precision Drilling Trust (NYSE: PDS), which has a price earnings ratio (P/E) near 5 and a dividend yield over 10%. ...
Best Stocks for 2008: Drilling for value with Transocean (RIG)
For 25 years, Steven Halpern, editor of TheStockAdvisors.com, has surveyed the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is one of 100+ ideas in the Best Stocks for 2008 report.
"My ...
Atwood Oceanics (ATW): Exploding demand in offshore drilling
"Atwood Oceanics Inc. (NYSE: ATW) is our bet on the exploding demand for offshore oil drilling rigs," says international investment expert Nick Vardy.
The editor of Global Bull Market Alert explains, "Although it's had a big run recently, the stock ...
Top Picks 2007: Roger Conrad drills into Precision
Each year, Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Stocks Report.
Precision Drilling (NYSE: ...
Chasing Value: Precision Drilling up 24%
It's foolish to get too excited about short term success unless you are a rapid fire trader. However, the first six weeks of 2008 have been dismal, so any success is a sigh of relief. I enjoy writing for BloggingStocks, in part because of the ...
Why isn't Bank of America updating its shareholders on CEO situation?
Before the bell: Futures sharply lower on Dubai's debt problems
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