Any more room at the top for service stocks?

摘要

Fourth-quarter 2004 showed solid revenue gains for most oil-service companies,and many analysts say the numbers may get even better,despite looming cost pressures."The oilfield-service market tone remains solid thanks to expanding E&P/integrated oil capex in 2005,in spite of some E&P companies beginning to express concern about a potential squeeze in margins," says A.G.Edwards analyst Poe Fratt.