John O'Connell, CFA
Noble Energy Inc.
NBL-N
COMMENT
Jan 09, 2012
A good Short? This is in the service side of the business. Global consumption of crude and natural gas is going to continue to expand regardless of whether we have a mild recession or not. Don't get overly bearish.
This all depends on what oil prices are going to do. $50 oil kind of keeps them going, but the costs are much higher than they are getting at the end of the day.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.