Horizontal Drillers Seeing Vertical Stock Movement - TurnkeyOil

Send Message

The Turn Key Oil community strives to be the leading source for oil & gas stocks and exchange traded funds (ETF) research and information. (This is not an offer to buy or sell securities. Oil investment carries very high risks. Please read our full disclaimer before making any decisions.)

My company:: TurnKey Oil
My blog:: Turn Key Oil

Horizontal Drillers Seeing Vertical Stock Movement 1 comment

Jun 1, 2011 11:11 AM | about stocks: CRR

Horizontal drilling has lead the discussion recently, mainly due to the fact that it is the major method used in shale oil and gas extraction. Since the shale plays are currently dominating the oil industry, finding a company that specializes in horizontal drilling could be a great stock pick.

Find additional research here: http://turnkeyoil.com/2011/06/01/horizontal-drillers-seeing-vertical-stock-movement/

Themes: Oil Service Stocks, Oil Exploration and Production, Horizontal Drilling, Shale Plays Stocks: CRR

Back To TurnkeyOil's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Share this Instablog

Tweet

This post has 1 comment:

Track new comments on this article

LooseChange Comments (68)

Tell people about myself? Read on. CARBO-Ceramics is currently between a rock and a hard place (little play on words there) for a drilling supplier that manufactures high-grade ceramic fracking materials. You've heard of fracking, right? OK, good. A major part of the current dip in PPS of CRR was caused by logistics problems of having the right fracking materials shipped to the right places in the USA when (get this) the Carbo material had worked so well with natural gas production that the price of gas had fallen to ridiculously low levels. Let me rephrase that; CRR got caught off guard (my opinion) and didn't forsee the shift from gaseous product drilling to "wet" product. But as far as I can tell, CRR is poised to reshift as needed by the drilling industry. They have a good product, definitely superior to the common beach sand that is still used for fracking, but with inferior results.

Disclosure? I'm a retired ceramic engineer who is invested in CRR and right now I'm enjoying the benefits of low PPS.

18 Jun 2012, 12:38 AM Reply Like