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Professionally Speaking
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Posted July 8, 2008 For information about downloading a free media player, please see our Free Software page. The Past Holds No Answers to Today's Energy Crisis QuestionsLooking for cheap energy? Try the rear view mirror. Growing global demand, particularly from rapidly developing populations in China and India, is testing the energy supply. Blaming oil companies or speculators solves nothing, says Raymond James’ Director of Energy Research Marshall Adkins, because cheap energy is a thing of the past. Future economic progress may depend on a combination of finding more oil and gas, conservation, and developing alternative energy sources, say Adkins and other analysts in this special energy crisis update edition of Professionally Speaking, hosted by Larry Pugliese. For personalized advice on how the current global energy situation might present an opportunity for your portfolio, please contact a Raymond James financial advisor. J. Marshall AdkinsManaging Director, Director of Energy Research Marshall Adkins focuses on oilfield services and products, in addition to leading the energy research team. He has won a number of honors for his stock-picking abilities: three times in The Wall Street Journal's Best on the Street Analyst Survey (including a number one ranking in 1998); three top ten rankings in the Reuters survey; a Forbes Top Analyst in 2004; and a number one ranking in TheStreet.com. Prior to joining Raymond James in 1995, he was the oilfield services analyst with Principal Financial Securities. His experience includes 10 years in the oilfield services industry as a project manager, corporate financial analyst, sales manager, and engineer. Mr. Adkins began his career with BJ Services before spending three years with an advanced oilfield technology firm. He holds a bachelor of science degree in petroleum engineering and an M.B.A. from the University of Texas at Austin. All expressions of opinion reflect the judgment of the Equity Research Department of Raymond James & Associates at this time and are subject to change. Information has been obtained from sources considered reliable, but we do not guarantee that the material presented is accurate or that it provides a complete description of the securities, markets or developments mentioned. Other Raymond James departments may have information that is not available to the Equity Research Department about companies mentioned. We may, from time to time, have a position in the securities mentioned and may execute transactions that may not be consistent with this presentation's conclusions. We may perform investment banking or other services for, or solicit investment banking business from, any company mentioned. Investments mentioned are subject to availability and market conditions. All yields represent past performance and may not be indicative of future results. Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. are wholly-owned subsidiaries of Raymond James Financial. |
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