while no doubt earnings from all regions has grown, neptune, and specifically the high margin nepsys work has been ongoing since IKE went thru 12 months ago - certainly a huge increase in US earnings is coming. but obviously its influence will be somewhat outweighed by the conversion. how much we will see.
on another note, keep an eye out for CLO results due thursday 20th, and worley parsons on monday 24th. their O&G divisions dominate their earnings now and will give some insight into how this industry has been spending.
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