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re: Franks International is causing me angst..

Posted on 7/28/14 at 4:24 pm to
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 7/28/14 at 4:24 pm to
The O&G industry is booming but this stock isn't
Posted by GREENHEAD22
Member since Nov 2009
19676 posts
Posted on 7/28/14 at 9:02 pm to
Just some food for thought. While I dont think the bottom falling out is coming I wouldn't be surprised if there is some major pull back in the industry in the coming years. This year will set a record for not only money spent in exploration world wide but also the lowest rate of returns ever for the industry with the North Sea leading the way. Will be interesting to see what happens in the coming yeas in terms of the companies and investors.
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