2/2/17: Making Fracking Great Again (HP, RES, SPN)
Energy Strategist Portfolio Update
- Helmerich & Payne (NYSE: HP) added to Growth Portfolio; buy below $80
- RPC (NYSE: RES) added to Aggressive Portfolio; buy below $23
- Superior Energy Services (NYSE: SPN) added to Aggressive Portfolio; buy below $21
For more information, please see the latest issue.
Stock Talk
Said Elkhamrichi
bonjour……un grand merci a tous ……
Igor Greenwald
Thank you for joining us!
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Freddy
Hello mr greenwald, what are your thoughts on helmerich & payne? Do you think there will be any major price movement after tomorrows earnings? Thanks
Igor Greenwald
I see more risk than upside from the coming report, unfortunately, just because the Permian drilling frenzy lost a bit of steam lately on the recent dip in oil prices. I still believe in HP long-term but don’t expect a meaningful rally until we get significantly higher oil prices. Hopefully I will be proven wrong in a mutually profitable way, though.
Freddy
Thanks for the info, freddy
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