Jim Wicklund Quotes (7 Quotes)

The industry has done well this year and commodity prices are up so high that no one thinks there is any substantial improvement to this year's level of activity.

The weakness in natural gas prices, having fallen from an extreme of 15 a current 7.50 with (more than) 60 of the winter heating season already over, provides risk of a natural-gas-inspired 'bump' coming over the next two quarters.

The market doesn't give these companies much credit because it's a non-recurring event.

Typically, when commodity price estimates decline, so do the stocks. These are dangerous times.

It's hard for investors to believe oil stocks are worth investing in when the thing that drives the stock -- the commodity price -- is going to go down next year.

We remain positive based on economic activity and EP spending we're also positive on 2007 but see some risk to EP spending given the potential squeeze on returns (with) a possible moderation in commodity prices in '07. Visibility remains too good to worry too early, however.

News that the U.S. economy posted a weaker-than-expected 1.1 annual growth rate for the fourth quarter ... did not impact the oil-service stocks, which rallied by 1.8 (Friday) on the strength of better-than-expected quarterly results provided by Halliburton.