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Stock impact report

4 Oilfield Services Stocks Set to Escape Industry Weakness [Yahoo! Finance]

Smart Sand, Inc. (SND) 
NASDAQ:AMEX Investor Relations: ir.smartsand.com
Company Research Source: Yahoo! Finance
The prosperity of companies within this industry greatly depends on their ability to navigate the evolving energy transition landscape skillfully. Consequently, failing to meet energy transition objectives will negatively impact cash flow. Among the companies in the industry that are likely to survive the business challenges are SLB SLB, Halliburton Company HAL, Baker Hughes Company BKR and Smart Sand Inc. SND. About the Industry The Zacks Oil and Gas - Field Services industry comprises companies that primarily engage in providing support services to exploration and production players. These companies help in manufacturing, repairing and maintaining wells, drilling equipment, leasing of drilling rigs, seismic testing and transport and directional solutions, among others. Also, the firms help upstream energy players locate oil and natural gas and drill and evaluate hydrocarbon wells. Hence, oilfield services businesses are positively correlated to expenditures from upstream firms Show less Read more
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