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Superior Energy: Profit from the rise in prices at the gas pump

 Jun 20, 2008 03:58 PM UTC
Return Risk
-27.91% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
SPN Positive 06/20/08 -67.09% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

It doesn't take a Harvard mathematician or a Wall Street investment banker to realize we're in the era of high energy prices.

One way to compensate for the increased energy cost: consider an investment in an oil/oil services company whose fortunes are directly linked to the world's most vital commodity -- oil. With this in mind, Superior Energy is worth a review.

Superior Energy Services (NYSE: SPN) provides specialized oil field services to oil and gas companies operating in the Gulf of Mexico and on the Gulf Coast. The company also sells and rents oil/gas well drill equipment and tools on four continents.

In general, analysts like SPN's rental tools and intervention services businesses, and the fact that SPN's services help oil/gas companies maintain production during seasonal down periods, which anesthetizes SPN somewhat from commodity p...




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