SOURCE: StockCall

StockCall

August 23, 2010 09:23 ET

Equity Research on SandRidge Energy and Transocean - Bird's Eye View of the Drilling & Exploration Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 23, 2010) -  www.stockcall.com/ offers investors comprehensive research on the oil & gas drilling & exploration industry and has completed analytical research on SandRidge Energy Inc. (NYSE: SD) and Transocean Ltd. (NYSE: RIG). Register with us today at www.stockcall.com/ to have free access to these researches. 

The drilling industry took a significant hit during the height of the Gulf oil spill and it appears there may be even more bad news for the industry. The results of government investigations into the causes of the leak has prompted an increase in investigations into other drilling operations as well as tightened safety measures. This could lead to production stoppages, fines and hefty capital investments into new equipment and repairs. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the oil & gas drilling & exploration industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the oil & gas drilling & exploration industry can have easy and free access to our analyst research and opinions on SandRidge Energy Inc. and Transocean Ltd.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

In addition to the fallout from the spill in the gulf, drilling revenues have also been hampered recently by decreased demand in oil. The latest drop in demand appears to have resulted from strong global concern over the success of the rebounding economy. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

However, there could be a possible upside to the spill in the form of increased interest in natural gas drilling and production. The spill also seems to have accelerated the argument for decreased dependence on oil. Natural gas prices remain low but could see improvements as many investors move away from oil.

The blown pipeline has been fixed but the long-term damage to the industry may take a lot longer. Whilst BP plc has been absorbing all the financial costs and political brunt following the Deepwater Horizon spill, it would seem now that Transocean Ltd. is also starting to catch some blame from the disaster. The company reported its results on the 4th of August with profits declining by 12% for the quarter. Transocean Ltd. research report is available for free by signing up now at www.stockcall.com/RIG230810.pdf.

On the earnings front, SandRidge posted its results early August with a revenue growth of 36% to $182.4 million and a profit of $44.9 million. SandRidge Energy Inc. research report is accessible for free by registering today at www.stockcall.com/SD230810.pdf.

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