Filed under: Commodities, Oil, Stocks to Buy

Readers of this space know that one argument forwarded here is that in the era of elevated energy prices the oil/natural gas services sector is likely to remain strong for the foreseeable future, barring the discovery of cheap, widely-available alternative energy. And among oil/natural gas services companies, Superior Energy Services is worth a review.

Superior Energy Services, Inc. (NYSE: SPN) provides specialized oil field services to oil and gas companies operating in the Gulf of Mexico and on the Gulf Coast. The company also sells and rents oil/gas well drill equipment and tools on four continents.

In general, analysts like SPN’s rental tools and intervention services businesses, and the fact that SPN’s services help oil/gas companies maintain production during seasonal down periods, which anesthetizes SPN somewhat from commodity price volatility.

Continue reading Superior Energy has the right parts for an oil-focused world

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This entry was posted on Wednesday, January 16th, 2008 at 12:57 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.