I suppose that those of us with a bent for energy tend to gravitate to portions of the industry that we find particularly intriguing. In my case, I'm attracted to seismic, a small but important portion of the sector.
And within seismic, I find one of the more compelling participants to be Paris-based CGGVeritas
As many Fools are aware by now, I'm always attentive to the comments at earnings time from Andrew Gould, the CEO of Schlumberger
Veritas isn't alone in producing quality earnings from seismic operations. Both Geokinetics
But even on top of the solid showing thus far in 2008, Brunck and his minions believe that, based in part on upcoming lease rounds, stronger results lie ahead for the company. Along with its earnings growth, management further expects the ratio of net debt to equity will soon be trimmed to 35%, versus 46% at the end of 2007.
So I'd suggest that my Foolish friends with a bent for energy investments add a third sound French play to Schlumberger and Total SA
For more energetic Foolishness: