Originally posted by bphillips
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Hey Oilfield Guys!!
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Originally posted by gingib View PostSomething isn't right in the company if another company can charge the same thing and make it
Bet yall find a way to make that new price work
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Originally posted by gingib View PostSomething isn't right in the company if another company can charge the same thing and make it
Bet yall find a way to make that new price work
When people have millions of dollars in inventory sitting on the ground, getting 50 cents back on the dollar can be better than getting no cents back on the dollar. Everyday out here, people are selling product at a loss in order to generate some revenue back into the system. It's not about who's making money, it's about who's willing to lose the most in order to get the job.Last edited by kyle1974; 11-19-2015, 06:11 PM.
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Originally posted by kyle1974 View PostIt's good to get your expert input into the financials of oilfield service companies.
When people have millions of dollars in inventory sitting on the ground, getting 50 cents back on the dollar can be better than getting no cents back on the dollar. Everyday out here, people are selling product at a loss in order to generate some revenue back into the system. It's not about who's making money, it's about who's willing to lose the most in order to get the job.
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