As crude oil flits back toward the $50 level and perhaps beyond, a lot of investors who slid out of energy stocks may be lured back in. For those who aren't quite sure if they're doing the right thing, an alternate (some might say chicken) way to play the group might be through the shares of Superior Energy Services ( SPN), a cheap and fast-growing company out of Harvey, La. Superior provides a variety of oil-field services to drillers in the Gulf of Mexico, particularly the big shots such as ChevronTexaco ( CVX). But what sets the company apart from other services providers is that it has a unique and successful oil-and-gas production business of its own that it scrounges from the discards of its services clients. Don't look at its trailing price/earnings multiple of 38, as it's not that expensive. Its forward multiple on 2005 estimated earnings is around 16, which compares nicely with growth that is in the mid-20% range year after year.