For much of the ongoing oil rally that's now lasted almost two years, oilfield services companies have lagged. That has been the case because the bulk of each new dollar earned from drilling has gone to producers. Thankfully, the balance appears to be now shifting, with E&P economics favoring oilfield services companies. You can tell that from the performance of the sector, both on a shareholder returns basis and financials. The sector's popular benchmark, the VanEck Vectors Oil Services ETF (NYSEARCA:OIH), is up 57.2% in the year-to-date,…
Hence then, the article about oilfield service stocks expected to post blowout earnings was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oilfield Service Stocks Expected To Post Blowout Earnings )