Despite the White House’s “drill, baby, drill” mantra, the business of providing equipment and services for the oil field is hardly booming these days. Now, oil-field service companies are going after ...
Opinion
Zacks Investment Research on MSNOpinion
3 oilfield services stocks poised to weather industry weakness
Strict capital discipline among upstream energy companies is reducing the demand for oilfield services, resulting in a gloomy forecast for the Zacks Oil and Gas- Field Services industry. The success ...
Prices have also depressed drilling, causing further headaches for the companies that outfit producers. Three of the largest oil service companies posted falling oil field revenues in the second ...
Shares of SLB (NYSE: SLB) stock are down just over 1% after the oil field services company reported its third-quarter earnings report. The stock is down approximately 14% in 2025, which is in sympathy ...
Companies that provide drilling and oil field services are struggling as falling prices soften the outlook in the U.S. oil patch. But one of the country’s largest oil field service companies is ...
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