Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Oil Services - Pending Breakouts

A recent post pointed out the Natural Gas Supply Barriers. Availablity of equipment was one of the short term supply barriers. If this is true, we would expect to see oil service companies outperform the market.

The Oil Services Index chart certainly indicates potential. Big money investors can play Schlumberger (SLB) and Baker Hughes (BHI) but there are numerous opportunities in smaller companies as well. I'll be featuring some interesting service companies in the next Big Picture Speculator newsletter.

Oil Services Index

Weatherford Intl.

Free Trial