Bullish Technicals Could Help This Stock
Dwarf Recent 50% Gains
Global demand for oil is strongly linked with
economic performance.
While 2013 U.
S.
economic growth is expected to be anemic, U.
S.
oil demand is expected to rise in 2013 from a...
More
Bullish Technicals Could Help This Stock
Dwarf Recent 50% Gains
Global demand for oil is strongly linked with
economic performance.
While 2013 U.
S.
economic growth is expected to be anemic, U.
S.
oil demand is expected to rise in 2013 from a
15year low.
(Source: “U.
S.
Oil Demand Seen
Rising in 2013 From 15Year Low,” Wall Street
Journal, December 11, 2012, last accessed
January 8, 2013.
)
And, thanks to oilrich shale formations and
fracking, the International Energy Agency (IEA) expects the U.
S.
to tie Saudi
Arabia as world leaders in oil production by 2017, surpassing Saudi Arabia by 2022.
TETRA Technologies, Inc.
(NYSE/TTI) is a diversified oil and gas services company
that operates in three divisions: fluids, offshore, and product enhancement.
The
fluids unit aids in drilling activities.
The offshore segment decommissions platforms
and pipelines, and explores for oil and gas.
In addition to production testing services
for oil and
Less
