Topic RSSOil & Gas services n equipment stocks
December 26, 2019
6:56 am
6:56 am
Londonguy
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Forum Posts: 535
Member Since:
May 27, 2016
May 27, 2016
OfflineBud said
Why are a few like Enerflex above a few dollars a share. The sector is in the dumps. Even when commodity prices r high O&G services doesn't seem like a sustainable business. Would you invest...
Not interested personally but FWIW --
Energy service stocks never looked so cheap.
Price to sales ratio now below times that preceded major bottoms.
One of the few industries trading at 1x annual revenues.
Commodities are historically undervalued, plenty value to be found. pic.twitter.com/jHuDCwoNb6
— Otavio (Tavi) Costa (@TaviCosta) December 26, 2019
December 26, 2019
7:00 am
7:00 am
Londonguy
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Forum Posts: 535
Member Since:
May 27, 2016
May 27, 2016
OfflineAnd then of course there's this little problem --
https://www.artberman.com/2019.....as-prices/
I'd say wait for a big bankruptcy wave first BWDIK
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