CGG Veritas (ADR) (CGV)

This stock is well positioned for earnings and sales growth assuming oil prices stay where they are (in the seventies). The company has loads of cash and management is doing all the right things. It is selling for 0.7 times book and 6 times earnings despite the fact that it is immensely profitable and solvent. I expect a short term pop assuming oil holds steady. Otherwise, I am comfortable treating this as a buy and hold stock.

Solid balance sheet, great cash flow. Way too beaten up at these levels.

I wish that I had picked this one on 3/08, but it's still a good buy at these historic lows. The energy sector is poised for aggressive growth in the future as oil reserves are dwindling vs demand. Which means that new exploration is crucial to keep the wheels of industry turning. I expect that this stock will correct upwards to $30 or above within 2 years.

Very low price but fixed costs are very high. Will sky rocket when things start looking somewhat rosier.

Oil will recover. Well equipted to look for more.

I think the sell off is over done. Oil prices will rise again.

#*$%^&! value.

Bill's Best Buy

Everything has a price, and it is unbelievably cheap. Good visibility, nice orderbook, huge past sotck price underperformance: you have a garp company for a value price.

The world will remain dependent on oil for at least another decade or two and demand for new sources will grow. Companies poised to capitalize on the demand for oil exploration in the years ahead seem like a near-sure bet. Good value at today's price.

Out perform on this seismic data processor. Market has been brutal on this one and while it needs capital to run its business, oil exploration is a need that will only increase

CHeap cheap cheap

Too great a dip for CGV. If this isn't the bottom it will be here soon.

just way to cheap

At this point, the oil & gas services sector is beaten into the ground, just because oil has fallen to $90/bbl. It would have to fall to $40/bbl before these folks see even the slightest slowdown in activity.

Ok, I just don't believe that demand for oil and natural gas has evaporated. We need more while we search for and build alternative solutions. According to TMFDoodleBugger, who is a TX geophysicist and ought to know, CGG is very good at processing shear-wave data and: "As the shale gas plays begin to emerge the amount of seismic data needed will increase by an order of magnitude or more. BP and XOM are becoming major players in this game so more exotic (and higher margin stuff like shear-wave and high density) products will be in demand in areas that have never had seismic data acquired before."

Long-term macro economics play - peak oil. Reasonable valuation on strong growth and increasing market share.

Oil services are the sweet spot.

This company is at a low for the last several months and is going to be on the rise soon. They are a solid Seismic Exploration company and Oil Exploration is on the rise due to high oil prices.