Michael Decter Peak Energy Services PES-T WEAK BUY Nov 24, 2006

The real question in this sector is, who is going to get acquired. There are too many oil service trusts. Rather than buying just one, he would buy a basket.

Michael Decter

Owned

Unlock Rating

$5.730

Stock price when the opinion was issued

oil gas

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

BUY

Investors should be in "growth" income trusts rather than just for distributions. This one is a growth trust which they expect to grow 30/40%.

BUY

The gas services stocks usually are more volatile. They live off the gas price. Has come off because of a timing issue where some of the drilling has slowed down. Might be an interesting time to get in.

BUY

An oil service company. Expects this business to continue to be very vibrant. Companies have a lot of money to spend at these prices. There's a record number of wells being drilled. This sector can drop off very quickly when capital expenditures cease.

BUY

An oil services trust. A lot of their business is in matting so when you have the spring thaw and a lot of trucks are getting stuck, they put out wooden mats. Not without risk, so would own a basket rather than one single trust.

BUY

Oil service sector. Likes the fact that it has a relatively low payout ratio. Relatively low debt. There could be some consolidation in the sector and given the size of this one, it could very well be a candidate.

BUY

Likes the energy services sector. Has been a bit weak over the last 5/6 months. Had a week Q2 because of labour costs. Expect it to rebound.

SELL

Had 2 quarters in a row that disappointed. Does a lot of “low barrier to entry” business.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Michael Decter Peak Energy Services PES-T WEAK BUY Nov 24, 2006

You might be interested:

Peak Energy Services(PES-T)

Peak Energy Services(PES-T)

Peak Energy Services(PES-T)

Peak Energy Services(PES-T)

Peak Energy Services(PES-T)

Peak Energy Services(PES-T)

Peak Energy Services(PES-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Bruce Murray

The Panic-Proof Portfolio (Stockchase Research)

The Weekly Buzzing Stocks by Billy Kawasaki

Chris Blumas

Stockchase Insights