Drillers Quotes
We're focusing more on the drillers and some producers. The services sector I think will follow along a little bit later Anadarko Petroleum is one of our favorites... This is a bit of a natural gas play. It's the one company in this sector that can increase their production should prices turn higher. Many others are limited by their ability to continue to pump out further amounts of product. I think Anadarko is vastly undervalued. To get another 30-to-50 percent out of the name over the course of the next 12-to-18 months would not surprise me at all.
- Brett Gallagher
I think, it's going to be very, very hard to get people seriously interested in energy stocks, although you never can say never on Wall Street... We would prefer to own some of the drillers, because with oil prices at the this level, it's going to encourage anybody, any country anywhere who might have some oil to look for it. And that will be good for the drillers. We would rather own those than the oil companies themselves.
- Kevin Bannon
I mean, I believe very strongly in the fundamental of oil drilling, and the oil drillers are perhaps the most spectacular stocks of this year. They're still up; they were up yesterday, and they're near their all-time highs, and that's because the world uses 200 million barrels of oil more than it drills. The companies that own the equipment to drill are going to be utilized more and the rates are going up.
- Jim Glickenhaus
[The oil fields of Pennsylvania and Kentucky, active for decades, are once again on the radar screens of savvy investors and drillers. The Cincinnati Business Courier reports that a local entrepreneur has seen the partnerships he's selling in Kentucky oil wells go like they're running on high octane.] I hate to call it selling... because all I have to do is tell people about it and they take it away from me.
- Jim Simpson
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