Tech Oil Portfolio - Stockpickr! Your Source for Stock Ideas

Tech Oil

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TheStreet.com Rating: C+

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Created by Barrons

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Date updated:05-26-2007

From Barron's 5-28-07

The New Drill Masters.

"It pays to be technologically clever in the energy business. In what is becoming a race to replace rapidly depleting oil and gas reserves, technology is increasingly playing a decisive role. "The easy oil is gone; the next barrel is always going to require more technology to extract," says Geoff Kieburtz, managing director and oilfield service analyst at Citigroup."

These energy companies and services providers are displaying a flare for technology. Though their stocks are at the high end of 52-week ranges, their price-earnings multiples are still reasonable.

APA
Apache Cp
$100.63
+0.09%
$101.27

No Analysis added

People owning APA also tend to own: BGC BHP CBI IPS SSRI AAPL AUY

TheStreet.com Rating: C+ What is this?

DVN
Devon Energy Cp (
$68.90
-1.26%
$70.24

No Analysis added

People owning DVN also tend to own: AAPL BAC BBY BGT CSCO CTSH DEO

TheStreet.com Rating: C- What is this?

EOG
Eog Resources Inc
$90.25
-1.02%
$92.09

From Barron's 5-28-07 "Still, investors don't have to pay lofty valuations for stocks like EOG (EOG) and Devon (DVN), which is why Byrne has Buy ratings on both. He believes EOG, now trading at around $75.88 a share, down from a 52-week high of nearly $80 last spring, after a selloff in natural-gas prices, is worth closer to $84 a share. Trading at 16.4 times earnings, it's a bargain, Byrne believes. He cites the company's demonstrated ability to deploy new horizontal drilling technologies to open up entirely new natural-gas reserves in the difficult-to-drill Barnett Shale region in Texas."

People owning EOG also tend to own: AAPL BRK-B CHK GLW IMMR TXN EPL

TheStreet.com Rating: B- What is this?

SLB
Schlumberger Ltd
$66.14
+1.16%
$65.82

No Analysis added

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

TheStreet.com Rating: B- What is this?

WFT
Weatherford Intl
$18.65
+0.43%
$18.93

From Barron's 5-28-07 "Then there is Weatherford International (WFT), an oil-services company that boosted R&D spending to $150 million in 2006 from $84 million in 2004 and now accounts for more oil-field technology patents than any company other than Halliburton (HAL)."

People owning WFT also tend to own: DENN RI RIG VLO BRK-A CHK CX

TheStreet.com Rating: C What is this?

05/30/2007 12:07 PM CDT Asked by Neil Bonner
Surprised that SPN is not in the list. Great oil services company.

05/26/2007 17:23 PM CDT Asked by Goldy
need abp!!!!!

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