|Day Low/High||7.25 / 7.48|
|52 Wk Low/High||6.37 / 12.04|
Stocks close mixed, with the S&P 500 virtually unchanged. The Dow Industrials ended just slightly lower and the tech-heavy Nasdaq managed to eke out some gains on Monday.
Dan Dicker, energy contributor at thestreet.com, talks to Brittany Umar about the latest drop in oil prices and where to invest in the oil and gas space.
Some solid-looking investments may be less secure than they seem.
I am accepting the tap on my shoulder about oil and taking a loss in Diamond Offshore.
You can take my computer and TV, but you can't take my Value Line.
Shares are weak based on speculation that its contract with Statoil for Ocean Vanguard was terminated. Diamond Offshore Drilling (DO) is weak today, both absolutely and relative to its peers based on speculation that its contract with Statoil (STO) ...
Watching the activity can provide a tip for upcoming earnings.
Find value in Diamond Offshore before the crowd gets interested again.
Dan Dicker and Stephanie Link talk about the rapid increase in the number of onshore wells being drilled in shale plays in the Eagle Ford and Permian, while offshore drillers are suffering.