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Old 13.09.2010, 15:40
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Investing in oil service companies

I'm looking to make share investment in oil service companies. Anyone else have investment in this sector? Tips? Opinions?

I'm currently looking at Transocean, PGS and Petrofac.
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Old 13.09.2010, 15:45
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Re: Investing in oil service companies

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I'm looking to make share investment in oil service companies. Anyone else have investment in this sector? Tips? Opinions?

I'm currently looking at Transocean, PGS and Petrofac.

Well, as a finite resource in scarce supply the future looks grim.
However the price will sky rocket up until that point, so profits will come.

How many new oil fields being discovered ? What volume of shares are being traded ? Any pre-IPO companies to be had with fat post-IPO profits ?
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Old 13.09.2010, 15:51
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Re: Investing in oil service companies

unfortunately for us, the market has already priced in whatever tips and information we can offer. where these stocks will go next is anybody's guess.
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