As a holder of both LCM and SXE, I agree the difference has been...

As a holder of both LCM and SXE, I agree the difference has been considerable. (Fortunately my LCM holding is much larger.)

Only guessing, but LCM has a steady stream of O&G work, whereas SXE is just entering the LNG through its joint venture. Also, I think LCM is more diversified in automation/control systems and asset efficiency work, whereas SXE seems to be more straight electrical work.

I recall reading this past month that another firm was tipped to receive a large LNG contract (Chevron's project?), so might explain why SXE's sp dropped when that report came out. But SXE says it is in the running for business, and the Irish partner firm apparently has a solid reputation in the Mideast O&G sector.