Energy: A Turning Point for Oil Servicers?

Industry Focus

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4.6 • 854 Ratings

🗓️ 20 September 2018

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

We continue down the oil supply chain to discuss oilfield servicers. We break down the current state of the industry, assessing whether it is set to bounce back after a few troubled years for the industry, and discuss two of the largest companies in the space.

Stocks: HAL, SLB

Transcript

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0:00.0	This episode of Industry Focus is brought to you by TD Ameritrade.
0:03.2	Whether you want to place a trade on Twitter or get market news from your smart speaker,
0:06.8	TD Ameritrade has everything you need to invest on your favorite platforms and
0:10.0	devices. See what's new at TD Ameritrade.com slash innovation.
0:13.8	Welcome to Industry Focus, the podcast that dives into a different sector of the
0:19.5	stock market every day. Today is Thursday, September 20 20th and we're discussing oil field
0:23.8	servicers. I'm your host Nick Saipold and I'm joined by fool.com contributor
0:27.7	Jason Hall via Skype. How's it going Jason? I'm trying to figure out how it's
0:31.9	Thursday I'm pretty sure yesterday was Monday.
0:34.4	This week is flying by.
0:37.0	Yeah, tell me about it. I mean yesterday at full HQ we had a little bit of a power
0:40.6	snafu, you know, had work from home yesterday that really kind of threw off the whole week and, you know, tomorrow's Friday, so I guess we'll get into the weekend, but it's been a very interesting week over here in Alexandria.
0:51.2	Yeah, that's, it's, I can know, the whole, you know, Eastern Seaboard, you know, from you
0:56.2	guys and on down south has been, has been tough.
0:58.6	So, you know, I think it's, I think I can speak for you and everybody else at Fool HQ to say that our thoughts are definitely
1:04.9	with the people that have been affected by the hurricane.
1:07.6	Yes, completely.
1:08.6	All of our listeners, it might have been affected by the hurricane, you know, we're with you.
1:12.2	Anything we can do to help out, let us know.
1:14.7	All right, Jason, let's go ahead and dive into the topic we're talking about today, which
1:19.3	oil field servicers, and you know, I really like this topic because, you you know we're moving right down the supply chain
1:24.3	from our episode last week on the frax sand industry so you know the frax sand providers
	...

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