In other words, cable and oil service companies treat new customers better than older customers!
FORBES: Why Companies Treat New Customers Better than Old Customers?
The Oil Service Sector (OIH) has been very weak and trying to bounce off bottom.
In the oil service sector, North American pricing remains depressed into a declining rig count.
Oil prices crashed in the early to mid-1980s, and numerous oil service companies went bankrupt.
The Oil Service ETF (OIH) looks battered and bruised, but could stage a mini bounce.
On Wall Street there were tremendous reversals in the technology and oil service sectors.
Oil Holders (NYSE:OIH), which invests in the stocks of oil service stocks, also rallied sharply.
FORBES: Wall Street: How Long Will The Obama Correction Last?
Another commodity buy was the Oil Service HOLDRs, an ETF made up of 18 large-cap oilfield services companies.
This kind of behavior has already cost at least one oil service company.
The oil service ETF (OIH) and Energy ETF (XLE) look like they are going to tack on gains.
FORBES: Futures Surge On Jobs But Stocks Don't Follow Through
Oil Service ETF (OIH) I would think being in a tier one is prudent after a big run from December.
FORBES: China Slowdown, Small Cap Breakdown Spell Trouble For Stocks
When the price of oil declines, deepwater drilling and other oil service companies take a bigger hit than land-based operations.
FORBES: 5 Energy Stocks That Continue To Reward Investors With Dividends
Duroc-Danner, 52, chief executive of Weatherford, the fourth-largest oil service company (after Halliburton, Baker Hughes and Schlumberger), with 25, 000 workers worldwide.
Despite the proposed revision in targets, the country will still remain an attractive market for oil service providers such as Schlumberger.
FORBES: Schlumberger Stock To Hit $107 As Iraqi Fields Launch Major Upgrades
Oil properties like Exxon and Chevron outperformed, but Schlumberger, the leading oil service operator had a dismal year, off 18 percent.
FORBES: Skirting Carnage: Active Vs. Passive Money Management
The two large oil giants fared better than oil service companies like Halliburton and Schlumberger during the third quarter.
FORBES: After A Stellar Q3, Chevron Warns Of Weak Q4 On Falling Margins
Either way, the energy companies and the oil service providers will benefit.
FORBES: Saudi's Have Reduced Production, But Don't Believe It's Because of Reduced Demand
Money continues to rotate into Oil Service ETF (NYSE:OIH) and Energy (NYSE:XLE).
FORBES: January Looked Good For Stocks, But Here Comes Washington Again
Oil service stocks of interest are HAL, BHI, SLB, NOV, RIG, CAM, NBR, WFT, RDC, DO, and TDW. Refiners of interest are VLO, TSO, WNR, HFC, and MPC.
What of big oil service firms, like Halliburton and Schlumberger?
Mr. Lozoya also envisions Pemex acting as a lever of development for the economy, spurring the development of a stronger oil service sector and promote new industries like ethanol.
Last week it looked like some money might be starting to rotate into the Oil Service Sector ETF (OIH), but uncertainty in Europe weighed on oil yesterday as OIH slipped 2.2%.
The Justice Department is investigating whether Panalpina bribed customs officials in Nigeria and other countries and has requested documents from the oil service companies and Royal Dutch Shell, according to securities filings.
The same is true for customers of oil service companies, though less so, as the cost of switching among oil service companies is smaller than that of cable services, and there are more choices.
FORBES: Why Companies Treat New Customers Better than Old Customers?
The Oil Service ETF (OIH) has been a big tell that the market was not out of the woods, and it took the plunge out of the tightly formed wedge pattern that the newsletter has been targeting.
If you have been with a cable service company or an oil service company for more than a year, you will probably have discovered that, you either have to pay a higher price for the service package you get, or the same price but for a lesser package.
FORBES: Why Companies Treat New Customers Better than Old Customers?
Its enterprise multiple of 11 is a tad less than the oil-service segment's median of 12.
The harder the oil is to extract, the bigger the rewards for the oil-service companies.
By demanding so much local content, the government may in fact be favouring some of the leading foreign oil-service companies.
应用推荐