Thursday, October 6, 2011

For Investors Only -- Five Land Oil Service Companies -- Including BHI, HAL, and SLB -- Bakken, North Dakota, USA

Another look at the oil service companies for investors, from SeekingAlpha.com:
A few things stand out. NOV, SLB, PTEN, and HAL all have double digit Net Profit Margins (ttm). HAL , NBR, and BHI both have 5 yr. EPS Growth Estimates per annum of greater than 22% -- outstanding. Except NBR, all the above stocks have average analysts’ recommendations of less than 2.0. All are BUYS, even NBR. Thus far the trend for analysts’ EPS estimate revisions upward has been strong. All of the current FY2012 EPS estimates are higher than they were 90 days ago. The macroeconomic outlook reviewed above should mean that this trend will continue. The above numbers, rather than being overestimates are very possibly underestimates.
The writer throws in a concluding thought on natural gas (at the link, at the end of the story).

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