Deepwater Drilling Is Back With a Vengeance
The number of oil rigs working in the Gulf of Mexico is expected to double within the next few years as lucrative deepwater drilling makes a comeback.
Yes, Natural Gas Rigs are Declining but Production Isn't
The monthly rig counts are no longer as informative. Instead, look to transcripts from companies like Halliburton and Schlumberger for information on how companies are drilling.
This Company Isn't Bad, But Are You Missing a Better Opportunity?
Is an investment in this one company the best way to be fully diversified?
Strong Results for National Oilwell Varco
National Oilwell Varco beat estimates last week, with margins starting to show some improvement. A record backlog is encouraging, and the company should see strong earnings growth going forward.