Are oil services companies undervalued?

Answers

ChuckF answered a question in Commodities.
283 points

ChuckF answered one year ago …

I definitely wouldn't call them undervalued. If you're going to buy any type of oil services company it's going to be a growth play, not a value play. These stocks have been steadily rising all year...along with the price of oil. So if you believe the price of oil will continue to rise, then placing a bet here would fit with that thesis.

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