Alex Sebastian

Time to Pull the Trigger on Four Oil Service Stocks

Thanks. That was much more pleasant than sifting through their annual/quarterly reports

Time to Pull the Trigger on Four Oil Service Stocks

My only concern with RIG is its low income tax expense. With as much as 80% of revenues locked in through 2010-2, I feel that leaves limited room for profit growth when the tax expense jumps as much as 20% over that span. Any thoughts?

Transocean Reports Solid Earnings, Time to Short?

I really like this stock's long term prospects, as well as it's position in the deep water and harsh drilling environments. My only concern is their super low marginal tax rate the last few years. I guess they had losses extending back before this which they are now charging off, but once those tax credits end, their earnings are going to take a pretty serious hit...

Does anyone have any ideas on this?