RE: Outlook for 2003 seems goodAll great reasons to buy!! Then again, TA might suggest it will soon hit $45. Who knows.....I might just be getting back into PD sooner than I previously anticipated.
Interestingly, rig count is down (industry-wide, if you believe the analysts) this year (last 12 months) compared to last, despite higher O&G prices, and potential NG supply crunch.......might bode well for future EPS when it picks up as it inevitably will. Meanwhile, EPS takes a short term hit, sending the stock price down.