SPN

This is a checklist I use to quickly come to a conclusion on a stock.  I score a stock, each line getting a 1, 0, or -1.  A stock  that scored 1 on each line would be a perfect 10.  Buy it! Some of these items are quite subjective.  For example how would I score Cash Flow?  If a company’s cash flow is much lower than it’s reported earnings, that raises a flag and I would score it a -1.  If there are more insiders buying than selling, I would score it a 1.  If there are no apparent catalysts … Read more

I thought this article was interesting.  The drilling companies represent outstanding value and we are long HAL, BAS, SPN.  Good American know how at bargain basement prices.   Energy Shares Suffer ‘Gas’ Pangs Sector is S&P 500’s Cheapest Relative to P/E Ratio as Many Believe Natural-Gas Prices to Stay Low   By ALEXANDRA SCAGGS Despite rising oil prices, U.S. energy stocks are scraping the bottom of the barrel. The world price of crude has climbed 18% this year as rising political tension with Iran has stoked fears of a supply disruption. That is boosting profits at energy companies. Yet investors … Read more