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It's a glorious day for the energy and oil services sectors, powering to the top of the Wall...

It's a glorious day for the energy and oil services sectors, powering to the top of the Wall Street leaderboard after Goldman Sachs says January marked a "turnaround" in profitability for the group. Among the day's top gainers: HAL +6.2%, NBR +4.3%, SLB +3.7%, HP +3.3%, WFT +2.5%, BHI +2.4%. ETFs: OIH +2.9%, XES +2.9%, XLE +0.8%.
Comments (1)
  • Watching BHI, of which I own; sometimes you get tired of commenter's bashing, not analyzing companies, EPS slide from last years earnings, but hold here is a breather for me. They own the pumping stations and it is hard to keep up a good EPS where costs are up but volume is down. Each month we get the rig count and it always moves up in anticipation and then pulls back. I am a believer in Nat gas for are industrial space. BHI always states it is a good position in the U.S, to take advantage of this. Keep watching the EPA. HAL has had a strong convictional move. Ooops! I am going to have to watch operational costs closely.
    15 Feb 2013, 07:47 AM Reply Like
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