Pall Corp (NYSE:PLL)
CAPS Rating:
A supplier of integrated filtration, separation and purification technologies for the removal of solid, liquid and gaseous contaminants from a variety of liquids and gases.
A supplier of integrated filtration, separation and purification technologies for the removal of solid, liquid and gaseous contaminants from a variety of liquids and gases.
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While I mostly love oil stocks - I think this is a great time to acquire beaten down stocks - PLL is a dog. It has almost no cash and a huge burden of debt. It was a money loser even during the $147/bbl heyday. It does have lots of oil and gas reserves, which a lot of these have a long way to go before there is any profit there and this company probably won't survive long enough to enjoy the profits. Best case is this outfit gets snapped up by a well-heeled white knight, but that is a chancy proposition in the current environment.
Oil and gas reserves????? Wrong industry; Pall is a filtration company. I think you've got some ticker symbols mixed up.
How can this be the pitch with the most recommendations??????