Helmerich & Payne: Winning a 'Rigged' Game [View article]
As usual some really interesting ideas on playing the oil trade.
HP makes an interesting trade since they are noted land drillers. There rigs are cheaper to operate than the offshore group so should see greater robustness in terms of avoiding cancelled contracts and cancelled expansions.
Key is when Oil recovers that is why I find your trades stimulating.
Helmerich & Payne: Winning a 'Rigged' Game [View article]
HP makes an interesting trade since they are noted land drillers.
There rigs are cheaper to operate than the offshore group so should see greater robustness in terms of avoiding cancelled contracts and cancelled expansions.
Key is when Oil recovers that is why I find your trades stimulating.