Oil stock #1: McDermott International (MDR) - Jamie Dlugosch

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Oil stock #1: McDermott International (MDR)
Jun 27, 2009 04:00 PM UTC

Jamie Dlugosch

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Symbol	Sentiment	Start	Return	Closed
MDR		06/27/09	-7.01%	--

Via BloggingStocks:

Filed under: International markets, Oil, Stocks to Sell

stocks to sell mcdermott international McDermott International (NYSE: MDR) is a global oil engineering and construction company that specializes in offshore oil and gas construction and power generation systems.

Although more diversified than pure oil plays, McDermott has benefited greatly from the increase in price in crude.

The speculation is that McDermott will be quite busy with construction projects, as drillers are more active with the higher prices.

Continue reading Oil stock #1: McDermott International (MDR)

Oil stock #1: McDermott International (MDR) originally appeared on BloggingStocks on Sat, 27 Jun 2009 11:00:00 EST. Please see our terms for use of feeds.

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