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Stock impact report

3 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 success of companies in this space hinges on their ability to adeptly manage the shifting energy transition landscape. As a result, failing to achieve energy transition goals could have a detrimental effect on cash flow. Among the companies in the industry that are likely to survive the business challenges are Baker Hughes Company BKR, Archrock Inc AROC 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. Furthermore, with countries Show less Read more
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