EXTN - Exterran's Long-Term Drivers Are Still Strong
Exterran Faces Short-Term Concerns
Exterran Corporation (EXTN) serves the natural gas processing and the midstream infrastructure business in the energy sector. It also provides aftermarket parts and services. While falling natural gas price may keep its stock price under pressure in the short term, I think it will produce steady returns in the medium-to-long term due to increasing demand for natural gas in the international markets.
The long-run drivers for EXTN remain strong due to the increased demand for natural gas processing and related services. Also, higher bidding activity in the offshore international