Changes in the worst oilfield services stocks
In this part of the series, we’ll look at the worst OFS (oilfield services and equipment) stocks by expected earnings growth in 1Q17. In the past year as of March 22, 2017, Schlumberger (SLB) stock has increased 6.0%. In that same period, Core Laboratories (CLB) stock has fallen 3.0%, National Oilwell Varco (NOV) stock has risen 21.0%, and Nabors Industries (NBR) stock has risen nearly 49.0%. NBR makes up 0.22% of the iShares Core S&P Mid-Cap (IJH).
Latest on the OFS industry
To find out how large-cap OFS companies such as Halliburton (HAL) and National Oilwell Varco (NOV) have been faring recently, be sure to read Market Realist’s Energy’s Price Recovery Prompts an Oilfield Services Revival.
You can read more about Halliburton in Market Realist’s Halliburton Stock Faces Headwinds amid a Strong Performance.
Next, we’ll look at investors’ short interests in the top OFS stocks.