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Insightful News

Better Late Than Never for Oil-Service Providers


It seems to have been a field of dreams for providers of services to the oil-and-gas industry.

At the beginning of 2017, with the price of oil buoyant following a supply cut from the Organization of the Petroleum Exporting Countries, U.S. drilling activity was on a tear. It still is, but analysts and investors got ahead of themselves when translating that to oil-field-services companies’ profits. They should consider reupping that…



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