Skip to main content
Industry News
Outlook may be improving for oilfield services giants

A tentative rebound in drilling activity in the US and beyond could brighten the financial prospects of oilfield services giants Schlumberger and Halliburton, both of which have been struggling to fully recover from the 2014 downturn. "There will be a tug-of-war in investors' minds between mostly sub-par 1Q19 earnings results and positive guidance and commentary from those same names that have had a rough past six months," said Raymond James analyst J. Marshall Adkins.

Full Story: