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.
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