Date updated:04-10-2008
Piercing $110 in crude means that an out-and-out increase in day rates can be sustained. That's what's behind this remarkable next leg up of drillers and drilling equipment stocks. This move is about number bumps, just like natural gas earlier today.

-
MOS
Mosaic Company (t - $54.54
- -1.16%
- $55.66
As long as oil maintains this trajectory -- and remember, I am using $125 and have not varied -- you can pretty much bet that earnings are too low. That's what's going to drive these stocks and ag and nat gas. Oil at $111, no matter how artificial -- wait until we hear about all of those who say that this is about speculation -- means more plantings (Mosaic (MOS), Agrium (AGU), Potash (POT), more drilling (RIG), and higher prices for gas (XTO (XTO), Apache (APA), Anadarko (APC), Southwest Energy (SWN), Chesapeake (CHK), Devon (DVN).

-
AGU
Agrium Inc. - $57.77
- -1.97%
- $59.46
As long as oil maintains this trajectory -- and remember, I am using $125 and have not varied -- you can pretty much bet that earnings are too low. That's what's going to drive these stocks and ag and nat gas. Oil at $111, no matter how artificial -- wait until we hear about all of those who say that this is about speculation -- means more plantings (Mosaic (MOS), Agrium (AGU), Potash (POT), more drilling (RIG), and higher prices for gas (XTO (XTO), Apache (APA), Anadarko (APC), Southwest Energy (SWN), Chesapeake (CHK), Devon (DVN).

-
POT
Potash Cp Saskatc - $101.51
- -1.90%
- $105.00
As long as oil maintains this trajectory -- and remember, I am using $125 and have not varied -- you can pretty much bet that earnings are too low. That's what's going to drive these stocks and ag and nat gas. Oil at $111, no matter how artificial -- wait until we hear about all of those who say that this is about speculation -- means more plantings (Mosaic (MOS), Agrium (AGU), Potash (POT), more drilling (RIG), and higher prices for gas (XTO (XTO), Apache (APA), Anadarko (APC), Southwest Energy (SWN), Chesapeake (CHK), Devon (DVN).

-
XTO
Xto Energy Inc - $44.97
- -0.07%
- $45.14
As long as oil maintains this trajectory -- and remember, I am using $125 and have not varied -- you can pretty much bet that earnings are too low. That's what's going to drive these stocks and ag and nat gas. Oil at $111, no matter how artificial -- wait until we hear about all of those who say that this is about speculation -- means more plantings (Mosaic (MOS), Agrium (AGU), Potash (POT), more drilling (RIG), and higher prices for gas (XTO (XTO), Apache (APA), Anadarko (APC), Southwest Energy (SWN), Chesapeake (CHK), Devon (DVN).

-
APA
Apache Cp - $97.19
- -1.23%
- $98.27
As long as oil maintains this trajectory -- and remember, I am using $125 and have not varied -- you can pretty much bet that earnings are too low. That's what's going to drive these stocks and ag and nat gas. Oil at $111, no matter how artificial -- wait until we hear about all of those who say that this is about speculation -- means more plantings (Mosaic (MOS), Agrium (AGU), Potash (POT), more drilling (RIG), and higher prices for gas (XTO (XTO), Apache (APA), Anadarko (APC), Southwest Energy (SWN), Chesapeake (CHK), Devon (DVN).

-
APC
Anadarko Petroleu - $62.33
- -0.98%
- $63.06
As long as oil maintains this trajectory -- and remember, I am using $125 and have not varied -- you can pretty much bet that earnings are too low. That's what's going to drive these stocks and ag and nat gas. Oil at $111, no matter how artificial -- wait until we hear about all of those who say that this is about speculation -- means more plantings (Mosaic (MOS), Agrium (AGU), Potash (POT), more drilling (RIG), and higher prices for gas (XTO (XTO), Apache (APA), Anadarko (APC), Southwest Energy (SWN), Chesapeake (CHK), Devon (DVN).

-
SWN
Southwestern Ener - $41.76
- -0.81%
- $42.02
As long as oil maintains this trajectory -- and remember, I am using $125 and have not varied -- you can pretty much bet that earnings are too low. That's what's going to drive these stocks and ag and nat gas. Oil at $111, no matter how artificial -- wait until we hear about all of those who say that this is about speculation -- means more plantings (Mosaic (MOS), Agrium (AGU), Potash (POT), more drilling (RIG), and higher prices for gas (XTO (XTO), Apache (APA), Anadarko (APC), Southwest Energy (SWN), Chesapeake (CHK), Devon (DVN).

-
CHK
Chesapeake Energy - $24.24
- 0.00%
- $N/A
As long as oil maintains this trajectory -- and remember, I am using $125 and have not varied -- you can pretty much bet that earnings are too low. That's what's going to drive these stocks and ag and nat gas. Oil at $111, no matter how artificial -- wait until we hear about all of those who say that this is about speculation -- means more plantings (Mosaic (MOS), Agrium (AGU), Potash (POT), more drilling (RIG), and higher prices for gas (XTO (XTO), Apache (APA), Anadarko (APC), Southwest Energy (SWN), Chesapeake (CHK), Devon (DVN).
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