Turnipseed

Oil Service Stocks: A Deep Sea Play Whose Time May Have Come

I agree the offshore drillers are oversold and should do well in the next couple of years. However, in the long run they are dependent on higher oil prices. If oil prices are stagnant for the next 2-3 years, they may be in trouble. SLB and competitors like HAL and BHI are more diversied in the services they offer, so I consider them less risky.