Jun

28

Crude, from anonymous

June 28, 2017 |

There are almost as many negative headlines about crude coming across my feeds as there are about the prez.

Alston Mabry writes:

I was just looking at some of the oil service companies and how their total equity+debt is less than the property, plant & equipment line on their balance sheets. That could well be a realistic assessment if oil is dead. But it's awfully tempting.


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