Seeking Alpha

Raymond James also is busy today downgrading oil services stocks, forecasting the number of...

Raymond James also is busy today downgrading oil services stocks, forecasting the number of active U.S. land-based rigs to fall by 500, or ~25%, by the end of 2013. The firm cut ratings for ESV, NE, NOV, PTEN, SPN, ORIG, HERO, KEG, GGS and BAS. (earlier)
Comments (8)
  • teddyg
    , contributor
    Comments (5) | Send Message
     
    another timely call!!
    18 Jun 2012, 04:04 PM Reply Like
  • swiver
    , contributor
    Comments (48) | Send Message
     
    Land rigs to fall by 500. Based upon what?
    18 Jun 2012, 09:16 PM Reply Like
  • Cincinnatus
    , contributor
    Comments (3937) | Send Message
     
    Anyone so clueless as to believe ESV is a land driller isn't worth listening to.
    19 Jun 2012, 03:49 PM Reply Like
  • maudie
    , contributor
    Comments (481) | Send Message
     
    Romney 2012. Keg 2013
    21 Jun 2012, 11:52 AM Reply Like
  • untrusting investor
    , contributor
    Comments (9973) | Send Message
     
    Wait for much better entry prices.
    27 Jun 2012, 10:31 PM Reply Like
  • J Mintzmyer
    , contributor
    Comments (3846) | Send Message
     
    ORIG is a land-based oil service!? Who is this guy?

     

    If you have the time, please check my ORIG/SDRL article:

     

    http://seekingalpha.co...
    2 Jul 2012, 01:18 AM Reply Like
  • palvs
    , contributor
    Comment (1) | Send Message
     
    ORIG does not have any land operations. They are entirely offshore based (Semi sub and drillships)
    10 Jul 2012, 02:44 PM Reply Like
  • J Mintzmyer
    , contributor
    Comments (3846) | Send Message
     
    Yes, it's actually pretty pathetic that these guys are paid to be analysts.
    10 Jul 2012, 03:31 PM Reply Like
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