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Basic Energy Services, Inc. Message Board

  • warnbeeb warnbeeb Dec 14, 2009 4:56 PM Flag

    This XOM/XTO deal deal....

    is great for BAS. All the NG plays are domestic. If there is consolidation and the Chesapekes, Devons, Southwests, Anadarkos etc start to get bought then that means NG wells are going to get uncapped..

    I think it's time to be buying more BAS, my friends.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It might be good for some of the players cept fot the fact that Fran Huseman told XOM that he didn't need or want their business. Talk about a snafu. Listen to his statements about how he doesn't like the majors and does not pursue their business. I've heard him say it too many times and all his managers have heard it as well. Maybe bagels and bull-hit, will take the place of coffee with you know who?? Rah rah go team go.

      • 1 Reply to redr8terhtr
      • Don't know about that, but over time, NG is going to be more important and the drillers and servicers should make more $$$.
        It remains to be seen if BAS will get there, but I can't believe the market isn't going to discover this eventually.

        I added 60% to my position on Tuesday. I like BAS in '10. Would like to see teens next year.

 
BAS
28.14-0.07(-0.25%)Apr 17 4:01 PMEDT

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