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Oil & Gas services n equipment stocks
December 21, 2019
8:46 pm
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Bud
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December 26, 2019
6:56 am
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Londonguy
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Bud 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
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Londonguy
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And then of course there's this little problem --
https://www.artberman.com/2019/12/10/early-winter-kick-in-the-gut-for-natural-gas-prices/
I'd say wait for a big bankruptcy wave first BWDIK
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