So why did HP go down, substantailly more than the drillers' composite on a day during which NG futures went up substantially? Haven't investors figured out that someone has to drill the new wells to cope with declining production? Haven't they figured out that HP is better positioned than any other driller in the business to rake in more profit?
I love all these articles about the price of ngas, and how much a barrel of oil is etc... and i love the people who base there buying and selling on these numbers and estimates You are the reason people like me make so much money . You see this company makes a quality product that is in huge demand no matter what happends to the price of ngas and oil, oh and its long term contracts are bullet proof thats why they can slide through difficult times witch it hasent seen. when people are selling because of the price of gas , I buy alot ,and this year i am going to make alot and next year i will make even more