SLB - Oil States International: Recovery And Current Price Are Not In Sync
Background:
Whenever a major industry has been in a serious bear market for an extended time period, it is time for a serious minded investor to search for deep value opportunities within that sector. When, indeed, we find that leading blue chip companies within the sector have been decimated to unreasonable low levels, it is time to take a serious look at that opportunity. I believe that the oil services sector presents such an opportunity today.
Houston-based Oil States International (OIS) provides oilfield products and services for the drilling, completion, sub-sea, production, and