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home / news releases / EXTN - Exterran Corporation: Short-Term Weaknesses Prevail Over Long-Term Prospects


EXTN - Exterran Corporation: Short-Term Weaknesses Prevail Over Long-Term Prospects

Exterran Is Still Shaky

Source

Given the uncertainty in the energy price, further deferral of the projects and continued restrictions on economic activities are likely to result in lower natural gas production activity in the U.S. unconventional shales. In Latin America, Exterran Corporation's (EXTN) outlook is shaky due to low energy prices. Plus, the Product Sales segment backlog decline in Q2 has put a question market on the company's ability to turn around soon. So, the stock underperformed the VanEck Vectors Oil Services ETF (OIH) in the past year.

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Stock Information

Company Name: Exterran Corporation
Stock Symbol: EXTN
Market: NYSE
Website: exterran.com

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