Business Week

Wednesday, September 22, 2004

Forbes.com: Temperature Rising For Oil Stocks - NS Group NSS

Forbes.com: Temperature Rising For Oil Stocks: "NS Group (nyse: NSS - news - people ): This company is a supplier to the oil and gas drilling industry, providing steel-based components used primarily in oil and natural gas drilling and production operations. It reported record earnings in the second quarter--its sixth consecutive positive quarter. The price of oil and gas has led companies to raise their commitment to drilling and production, which has created quite a bit of upstream demand for NS Group's products. We've increased our position in NSS by 236% over the last 14 days in expectation of further growth ahead. "

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