Superior Well Services, Inc. (SWSI)

What is everyone buying here? Please tell me I don't see it. Leveraged to shale natural gas which will not likely recover until sometime next year (at best). CEO in webcast says that will likely default loan conenants later this year.

Losing money according to last two quarters at rates it cannot substain. Operates in a shrinking market with an oversupply of equipment.

Has very little operating cash in the bank and doubtful at best lines of credit...So someone tell me what underlying value I have missed. I sure would like to see that light everyone else must be seeing to double the stock since a very bleak last quarter announcement and comments by the CEO.

Until the US starts capping wells again this one will be a keeper

Falling 50-day moving average and one of the largest intraday high-low ranges (based on the average percent spread between the intraday high and low over the last fifty days).

Company stinks. Long term they will diminish. Mostly due to their ethics. Don't put your money here. Poor quality company. This will be their downfall. STAY AWAY!!!

i sense the bottom has been reached with the help of ESP.

End July 09.
Market cap is ~$150 Mil
PE is less than 7

The company brings in ~$60 Mil cash after taxes every year.
Margin has been going down lately... but this is to be expected in this industry with this economy. It should pick up again once oil is back up.

Company has low debt/cash ratio. Should be able to weather the storm.

Buying at 1/2 book value... I dont think this can go wrong.

I'm hesitant to put real money behind this pick, but it looks awfully cheap on a cash flow basis. As the demand for oil picks up in the next 6 months, I believe SWSI will profitable again. It is a thinly researched stock, and I think there's upside room for an earnings surprise in the next year. Stay tuned.

Great company. Don't understand why it's still down

Mmm...oil...

HOLE DIGGERS!!!!!

A relatively small company with large internal share ownership. Hungry enough to get aggressive and small enough to adapt, it should do well.

Oil services need to be done,smart little company!

Really just looking for a valuation correction over the next year or two to say, $15-$16. Not sure about this long term.

The oilfield service companies have been getting killed as oil prices have dropped. It may be time to add some select outperforms. Superior is involved in horizontal well technology which is being utilized more and more. Debt is low and the stock price should be close to a bottom. Once oil heads back up so will SWSI.

This stock in energy sector which is hot and this stock havent got so much up, but have a nice potential.

Well, (no pun intended) today was not a great day for our friends at SWSI. Revenues were up considerably from 1Q 2007, but profits were down. That's always bad news. I am, however, cautiously optimistic for SWSI. As oil and gas prices go up so too will the value of their services. Where I'm cautious, however, is that as the market for these services grows, so too does the attractiveness of entering this market to competitors. SWSI has played offense well over the last year buy purchasing several smaller companies and expanding it's regional offerings, however they need to start playing some D. They need to protect their market share from startups that offer similar services at a lower price. I need to go back and look at their financials to see if the reason for their lower margin was that they tried to enter a price war with small time competitors instead of focusing on value-added services and differentiation to justify higher prices. If that is what happened then I think they're in a bad spot - price wars aren't just bad for companies, they're bad for entire markets. If that's not the case and it really was just bad weather like the CEO says, then no sweat. They will be back in the game in no time. I think this company has a long way to grow here and if they can protect their current market share while simultaneously stealing share from Schlumberger, Baker Hughes, and others this will be a great long term play.

Service companies in oil field sector are likely to continue to be profitable as the demand for services increases

if they come up with cheaper transport for both oil and ethonal they will be the bomb

Good Service, Great Prices, SAME TECHNOLOGY = SUCESS. This company has surprized many people in the energy industry. It should not be as far along as it is today. How did they do it? Simple - GROWTH. This company is re-investing it's capital back into equipment and qualified people. It seems the business is not as complex as SLB & HAL make it out to be...... What if a company can offer Good Service, Great Prices, SAME TECHNOLOGY in a business that is not going anywhere - anytime soon? Maybe SLB & HAL need to focus on the East. Not the West.