Seeking Alpha
  • Power Hedge
    RIG contract shows that offshore drilling fundamentals are staying strong: http://bit.ly/NoNOBL
    6/1/12
    Reply (2)
    • Energysystems: The trend is up for oil, long term. These short term pullbacks open up buying opportunities. For me, I'll stick with SDRL.
      6/1/12
    • Power Hedge: True... and for some reason these drillers see their stock prices move with oil prices yet their revenues are largely inelastic to them.
      6/1/12