NINE Energy’s Perspective in Q2: KEY Takeaways
A rise in refrac demand has led to a higher demand for its dissolvable and composite plugs for NINE. A...
ProPetro’s Perspective in Q2: KEY Takeaways
PUMP plans to invest in fleet recapitalization as it sees higher demand for its next-generation natural gas-burning assets. Its effective...
Baker Hughes’s Perspective in Q2: KEY Takeaways
BKR has revised its forecast in North America downwards. It is optimistic about international markets. Gas Tech Equipment, Industrial Tech,...
TechnipFMC’s Perspective in Q2: KEY Takeaways
Various project awards ensures FTI's book-to-bill remained above 1x consistently. In Subsea, it expects backlog to reach $10 billion by...
RPC’s Perspective in Q2: KEY Takeaways
In view of gas-to-oil shift, RES will redeploy assets at lower price points to drive utilization. Its Tier 4 DGB...
NOV’s Perspective in Q2: KEY Takeaways
Offshore E&P operators' need to reactivate drilling rigs will require drill pipe bits and drilling tools. international E&P operators require...
Patterson UTI’s Perspective in Q2: KEY Takeaways
Despite the rig count pressure in 2024, PTEN's management expect to see growth in high-grade equipment. In completion activity, it...
Nabors Industries’ Perspective in Q2: KEY Takeaways
NBR expects to deploy five more rigs, of which the first three units will be deployed by 2024. . Leading-edge...
SLB’s Perspective in Q2: KEY Takeaways
SLB expects to benefit from international upcycle in natural gas and deepwater projects and production and recovery activity. The pending...
Halliburton’s Perspective in Q2: KEY Takeaways
HAL anticipates revenue growth in its international business but a decline in revenues in North America in 2H 2024. It...
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