Seeking Alpha

Basic Energy (BAS +8.3%) isn't the only oil service stock (OIH +3.6%) benefiting from a Goldman...

Basic Energy (BAS +8.3%) isn't the only oil service stock (OIH +3.6%) benefiting from a Goldman Sachs upgrade, as Pioneer Drilling (PDC +14.3%) and Schlumberger (SLB +4%) are lifted to Buy from Neutral (I, II). The firm says consensus views are missing key trends in the sector, including stabilizing oil and gas prices plus strengthening international land trends.
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