imo it wont matter what the contract specifics are for service...

imo it wont matter what the contract specifics are for service providers if 'the market' thinks oil project expenditure will expand - the stock price will reflect it in advance of the contract cycle

unless those close t the company get sense its seeing no change for a company specific reason

this is all very much like the discussion croasian and value hunter and i had about sto 2 months ago

what youve seen in sto is a precursor to what you should see in mrm as long as the 'oil supply tightening' narrative holds sway

trump is probably the ace in the sleeve for oil - once he;s in office if he even starts reiterating his talks on china tariifs and other commodity protectionism the wti/brent markets will split and youll see higher prices just by dint of buyers having smaller field of offerors to work with

should be very good for mrm actually as youd think such a shift would ramp up se asian exploration considerably