http://stockchase.co... Forbes--Energy--Serv...
posted on
Aug 16, 2009 08:55AM
Edit this title from the Fast Facts Section
http://stockchase.com/Company-sl--slq-ID-slv-Forbes--Energy--Services.php PAST TOP PICK 0.900
(A Top Pick Aug 7/08. Down 85%.) He sold his equity holdings but bought the high yield bonds and gets about 20% yield. Not much debt and have almost 100 rigs to back up the debt. $2.75 in 12 months is not too far off.
2009-07-13 PAST TOP PICK 1.150
(A Top Pick June 23/08. Down 86.74%.) Oil and gas prices went down a lot faster than he expected. Sold his holdings last fall.
2009-07-07 DON'T BUY 1.000
(Market Call Minute.) Oil/gas drilling. Just came out with poor results. Too much debt.
2009-05-21 Comment 0.760
Driller for oil/gas companies. Because commodities are down, the producers are not drilling. Have quite a bit of debt.
2009-04-07 TOP PICK 6.720
One of the dominant providers of oil/gas services in northern Texas and the Hainsville shale area. This is an area that has seen exponential growth in the last couple of years. Business should grow in the 35%/40% in the next year and probably another 35% the year after. Potential takeover target.
2008-08-07 TOP PICK 6.540
Energy services in the US. Growing very fast. $.52 of earnings this year and $.82 next year. Very cheap.
2008-07-15 TOP PICK 7.540
It’s cheap because nobody knows about it. Will make $0.50-$0.60 per share this year; $0.70-$0.80. Oil and gas services companies have gone through the roof. This is still at IPO price. 2008-06-23
http://investdb.theglobeandmail.com/invest/investSQL/gx.estimate_prof?symbol_in=E-T&prev_symbol_in=FRB-T
Forbes Energy Services | Estimate Snapshot
0.550
-0.070
-11.29%
Vol: 39,770
Forbes Energy Services
|
1 5 |
2.0 |
Analyst Consensus Recommendation: Buy
|
Industry |
Oil and Gas (Oil and Gas Field Services) |
|
Symbol: |
FRB |
|
Exchange(s): |
Toronto Stock Exchange |
|
Currency: |
US$ |
NOTE : for a better understanding of what's happening with this industry please read the following post included on this hub . Tec Spears oilfield services outlook dim posted on Jun 05, 09 05:58AM