BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Superior Energy: Profit from the rise in prices at the gas pump]]>http://www.bloggingstocks.com/2008/06/20/superior-energy-profit-from-the-rise-in-prices-at-the-gas-pump/http://www.bloggingstocks.com/2008/06/20/superior-energy-profit-from-the-rise-in-prices-at-the-gas-pump/http://www.bloggingstocks.com/2008/06/20/superior-energy-profit-from-the-rise-in-prices-at-the-gas-pump/#commentsFiled under:

It doesn't take a Harvard mathematician or a Wall Street investment banker to realize we're in the era of high energy prices.

One way to compensate for the increased energy cost: consider an investment in an oil/oil services company whose fortunes are directly linked to the world's most vital commodity -- oil. With this in mind, Superior Energy is worth a review.

Superior Energy Services (NYSE: SPN) provides specialized oil field services to oil and gas companies operating in the Gulf of Mexico and on the Gulf Coast. The company also sells and rents oil/gas well drill equipment and tools on four continents.

In general, analysts like SPN's rental tools and intervention services businesses, and the fact that SPN's services help oil/gas companies maintain production during seasonal down periods, which anesthetizes SPN somewhat from commodity price volatility.

Further, international expansion opportunities are promising: analysts say additional SPN expansion abroad will lessen the earnings impact of a downturn in key Gulf of Mexico operations. The Reuters F2008/F2009 EPS consensus estimates for SPN are $4.09/$4.84.

The risks? Reduced demand for SPN's production-oriented services and/or a large, sustained decline in energy prices, particularly oil, would hurt SPN's results. Don't look for the latter anytime soon.

The First Call mean rating for SPN is: Buy. [5 firms.] Mean 2008 target: $60. [high: $66, low: $56.]

Stock Analysis: Superior Energy Services is a moderate-risk stock not suitable for low-risk investors. Investors with an investment horizon longer than two years should be rewarded from SPN's shares. Sell/Stop Loss if you were to purchase shares in this company: $38.

Disclosure: Lazzaro has no positions in stocks. In addition to private real estate holdings, he owns corporate and municipal bonds, and cash certificates of deposit.

Superior Energy: Profit from the rise in prices at the gas pump originally appeared on BloggingStocks on Fri, 20 Jun 2008 15:58:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>natural gas servicesoil pricesoil servicesoil shockSPNSuperior Energy ServicesFri, 20 Jun 2008 15:58:00 EST<![CDATA[Superior Energy has the right parts for an oil-focused world]]>http://www.bloggingstocks.com/2008/01/15/superior-energy-has-the-right-parts-for-an-oil-focused-world/http://www.bloggingstocks.com/2008/01/15/superior-energy-has-the-right-parts-for-an-oil-focused-world/http://www.bloggingstocks.com/2008/01/15/superior-energy-has-the-right-parts-for-an-oil-focused-world/#commentsFiled under: , ,

Readers of this space know that one argument forwarded here is that in the era of elevated energy prices the oil/natural gas services sector is likely to remain strong for the foreseeable future, barring the discovery of cheap, widely-available alternative energy. And among oil/natural gas services companies, Superior Energy Services is worth a review.

Superior Energy Services, Inc. (NYSE: SPN) provides specialized oil field services to oil and gas companies operating in the Gulf of Mexico and on the Gulf Coast. The company also sells and rents oil/gas well drill equipment and tools on four continents.

In general, analysts like SPN's rental tools and intervention services businesses, and the fact that SPN's services help oil/gas companies maintain production during seasonal down periods, which anesthetizes SPN somewhat from commodity price volatility.

Continue reading Superior Energy has the right parts for an oil-focused world

Superior Energy has the right parts for an oil-focused world originally appeared on BloggingStocks on Tue, 15 Jan 2008 18:58:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>emerging marketsnatural gasoiloil pricesoil services sectorSPNSuperior Energy ServicesTue, 15 Jan 2008 18:58:00 EST