A O Smith Corp V.AOS

Primary Symbol: AOS

Industrials

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.

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A O Smith Corp

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Post by sweetnellon Nov 14, 2007 3:46pm

253 Views

Post# 13807715

What you people don't seem to get

Is that there is all sorts of bitumen out there. Some of it is mineable, some can be extracted via SAGD and more recently via THAI (Petrobanks baby). THe fact is that yes there is bitumen in AOS's properties but only 201 million barrels is recoverable and the report that Ryder put out suggest that even with the drilling it's likely not much more will be recoverable.

How much do you think they paid for those leases??????

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