4 Oilfield Services Stocks Set to Escape Industry Weakness
HALHalliburton(HAL) Zacks Investment Research·2024-02-19 22:56

Inflation is still high, resulting in increased costs for well completion and production activities. This is hurting the bottom line of oilfield service players. Strict capital discipline by upstream energy companies is also acting as a dampener, making the outlook for the Zacks Oil and Gas- Field Services industry gloomy.Among the companies in the industry that are likely to survive the business challenges are SLB (SLB) , Halliburton Company (HAL) , Weatherford International plc (WFRD) and Oceaneering Inte ...