Television Help Archives Fool UK Seitel Soars Seitel provides seismic data that helps oil and gas companies improve the efficiency of their exploration and production. The current boom has boosted earnings substantially, as fourth-quarter results show. The cash flow trend is positive and improving.
Information is the most valuable commodity.
In an exploratory business, good data mining can save companies vast amounts of time and money. By isolating promising gene targets, they bypass scads of wasted labor. Seitel, with the largest seismic library in North America, is a valuable resource for Big Oil. Seitel announced another set of strong earnings this morning. Oil and gas exploration is a cyclical business, and it's boom time again.