Grey Wolf (GW) is Sent to the Doghouse

Ockham Research Staff @ December 23, 2008 # No Comment Yet


This is a sad development for Grey Wolf as it breathes its last breath as an independent company in the coming days. It had a great opportunity on a shareholder value basis to make it through this painful downturn or to seek a better offer. At this point, however, it appears that it is all over.

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Grey Wolf Shareholders Should Hold Out for Better Offer!

Ockham Research Staff @ August 25, 2008 # One Comment


Grey Wolf has been offered about $2 billion to merge with PDS but considering GW rejected a richer bid not long ago, we think this is unlikely to be approved. We agree with the shareholders that this undervalues the company and we recommend holding out for a better offer.

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Relief at the Pump: Don’t Hold Your Breath

admin @ February 19, 2008 # 4 Comments


Oil futures surged 4.7% ahead today and crossed over $100 per barrel for the first time since a brief period on January 3rd. The markets main concern is based in speculation that OPEC will cut production when it meets next month. Those fears were fueled by comments by Iran’s Oil Minister, who […]

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