You should keep an eye on Teekay Offshore going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case
Effective Rig Count up on reported rig counts EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins. The Effective Rig Count rose in October, reversing the past month’s decline. The Effective Rig Count is currently 2,780, up 14 from last month. This increase was entirely due[Read More…]
