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re: Oil drilling companies

Posted on 4/18/20 at 12:11 pm to
Posted by DiamondDog
Louisiana
Member since Nov 2019
10677 posts
Posted on 4/18/20 at 12:11 pm to
(no message)
This post was edited on 12/17/21 at 10:03 pm
Posted by LSUTOM07
Baton Rouge
Member since Dec 2011
765 posts
Posted on 4/18/20 at 9:58 pm to
If
quote:

Quintana Energy Services

is
quote:

Low risk and solid company

and you can
quote:

make 3-5 times your money in the next year if you hold

why do you only hold
quote:

about $500 worth in them



Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 4/18/20 at 11:26 pm to
quote:

They do drilling but not their primary work.


they had two positive ebitda product lines

directional drilling at 35M, pressure control at $10M, pressure pumping and wireline both negative.

DD is 50% of their revenue

I learned this from 5 minutes of googling, do better.
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