Weak Q1 25 earnings show the OFS industry is in for a turbulent year
Recently released for Energy Aspects subscribers, our analysis reveals a challenging outlook for oil field services companies. Q1 2025 earnings for Baker Hughes, Halliburton, and SLB dropped by a third quarter-on-quarter, to a combined $1.7 billion, the first such decline since Q1 2024.
What you'll discover in this analysis:
- Major OFS companies' earnings trends and industry health outlook for 2025.
- Contrasting performance between tight oil activity and deepwater operations.
- Tariff implications for OFS supply chains and equipment manufacturing.
- Regional market performance across North America, Mexico, and Saudi Arabia.
- Strategic responses to shareholder expectations during market turbulence.
Download report
Please fill in your contact details to access the full insight.
Recent insights
Market data and intelligence provider Energy Aspects has completed the acquisition of Kayrros, the Paris-based energy analytics and satellite data company.
The dynamics of short-dated WTI options pricing are set to change due to the emergence and rapid growth of 24/7 WTI crude oil perpetual futures.
Podcast: Jeff Currie on diesel, Hormuz and why oil, commodities and hard assets may be mispriced as markets overlook structural shortages.
