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AZZ incorporated Message Board

  • homeworkdone homeworkdone Mar 31, 2005 9:41 AM Flag

    Reclaimed Board I Hope

    Looks like we have our message board back -- what was that all about? Let's talk about AZZ again:

    I can report that drilling rigs are working about 3 miles east and 6 miles west of the Crowley drill pipe facility. Looks like AZZ may be parked right on top of the Barnett Shale. I have got to believe the pipe unit is active. Can anyone report if AZZ sold their surplus land in Crowley?

    I think the company's next expansion play should be in gas -- the economics look strong and the company is positioned in the right geographic location with what appears to be substantial plant assets. Maybe they should fabricate drilling rigs -- there is quite a shortage and a number leases in the area are apt to run out before enough rigs can be deployed. Or, heck, drill the Crowley location! Anyway, the NYSE loves a good gas story right now -- let's see if we can accordingly add some value to this stock.

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52.20Oct 6 4:02 PMEDT