Dicker: Oil Services Stocks Are Not Created Equal
I wanted to discuss this sector with Jim because of two recent oil notes from analyst Ole Slorer at Morgan Stanley and Rahim Karim at Barclays who actually voiced opposing views on the commodity price, but came to some interestingly similar thoughts on production over the next several years.
Both seemed to agree that off-shore production and, particularly deepwater production, was likely to see the greatest growth potential.
I agree with this idea. Several weeks ago, I spoke with Jim about the Gulf of Mexico and the emerging opportunities there, including mentioning and recommending Seadrill
I talk with Jim about other offshore and particularly deep water opportunities in the video above.
At the time of publication the author had no position in any of the stocks mentioned.
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