Are Oilfield Service Companies A Buy?

Last week, we presented a bear case for the energy sector based on the premise that oil and gas stocks could be in danger of overheating. Energy is the 4th most expensive sector going by Shiller's P/E, and also looks overvalued compared to gold prices. It's a sentiment that has also been gaining momentum across Wall Street.  "Energy traders are confident this oil market will remain tight given the short-term supply outlooks from both OPEC+ and the US, but it has been a steady climb higher. Exhaustion could be settling in," Ed Moya, senior…