Long and Short Ideas for Energy Drillers
Faheem Gill submits:
I recently wrote about where we are in the energy cycle compared to historical norms. One of the comments led me to look at drillers in a bit more detail. As can be seen from the chart below of the P/B cycle, the drillers still can get back to their average P/B ~4. The chart looks similar to ’96 to me.
Click to enlarge:
Investing, Long Term Investment, stock market | admin March 28, 2010
RSS feed for comments on this post.
