Oil Drillers...?

Discussion in 'Stocks' started by Qckrun, Aug 18, 2007.

  1. Qckrun

    Qckrun

    With the upcoming hurricane headed towards the gulf, will Drillers be hurt by it, meaning stock goes down or will it go up?

    Also how will oil/gas companies far, will Exxon and Chervon go up or down? I am not to familar with how the stocks of specific companies fair when a Hurricane hits, I just know gas goes up with a hurricane.
     
  2. generally supportive to the integrated but it all has to do with where it hits.....

    some majors have sold their shelf production to smaller independent cos.

    if Dean hits a refining area like Texas city or Pascagola, refiners in non affected areas win....

    if Dean plows str8 thru Texas/Louisiana production corridor, the Arabs win
     

  3. So far no driller has been hurt. Why this what iffing question ?
     
  4. Qckrun

    Qckrun

    I'm just wondering how HERO is going to do with this up coming storm.
     
  5. It's already in the cards.


    But.............any "news" will make for a great alibi for the specialists/market makers to gap down en masse. Hence moving away from their basis(s).
     
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