Cramer's Oil Service Plays Portfolio - Stockpickr! Your Source for Stock Ideas

Cramer's Oil Service Plays

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Date updated:04-18-2007

From Cramer:

"We still haven't seen the big deal in the oil-service patch that I am expecting, even though the rig count is going up big...natural gas is high and oil's not going down. The earnings -- despite the way-too-cautionary article I read in the Journal about the cohort -- should be way good. Hard to imagine we won't see a deal real soon in this group."

Here are the names he is watching.

NBR
Nabors Inds Inc N
$21.04
-5.44%
$22.02

We have thought that Nabors (NBR) would do something big, and it hasn't happened yet.

People owning NBR also tend to own: AVX BAM CHEUY.PK CVA FCE-A HLDVF.PK IVSBF.PK

TheStreet.com Rating: C What is this?

GSF
Gsf
$0.00
N/A
$N/A

GlobalSantaFe's (GSF) interested in doing a big deal. We know they'd be willing to sell.

People owning GSF also tend to own: ACI BJS BTU CNX CWEI DNR DO

TheStreet.com Rating: No Rating What is this?

HAL
Halliburton Co
$30.44
-3.94%
$31.40

Halliburton (HAL) has made it very clear that it wants to do some buying to diversify away from the U.S.

People owning HAL also tend to own: ATI MFLX TEX TIE AIG BA C

TheStreet.com Rating: B- What is this?

LUFK
Lufkin Industries
$59.22
-3.72%
$60.20

If you believed, as this article indicated, that the earnings would make you shudder, you would have missed five quick ones in Lufkin Industries

People owning LUFK also tend to own: AA ALY ATI BNI CBST ET FRK

TheStreet.com Rating: C What is this?

SLB
Schlumberger Ltd
$64.54
-3.25%
$66.25

And don't forget the Schlumberger (SLB) April $75 calls for a Friday earnings report that could be bountiful.

People owning SLB also tend to own: AXA FDX NOK NUE RTP TM AAPL

TheStreet.com Rating: B- What is this?

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Q. I am a studetn about to graduate...

11.20.09 | 23:08 PM Asked by Amanda Bowen

A. Long term investment considerations: 20%
in OIH ETF; 10% in GDX ETF and 10% in
GDXJ (Van Eck Jr Gold Mining) ETF . . .
If your grandparents were thoughtful
enough to provide you with funds to
become actively involved in the
trading/investing world, communicate
with them on a regular basis in order to
compare their point of view/insight with
other reliable sources . . . including
those reflected on Online School @
http://www.onlineschools.org/2009/10/22/
100-best-blogs-for-future-investors/
and ValueWiki @
http://blog.valuewiki.com/2007/02/26/top
-100-finance-blogs/

Be open/flexible, resourceful, and
pursue due diligence (research). Best of
luck.