When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
OIS CEO Cindy Taylor With Tudor Pickering. Source: Tudor Pickering
Brent oil prices are in the low $60 range, down from above $70 last month. The fall in oil prices could hurt E&P in certain markets. That does not bode well for Oil States International (OIS). If a dismal economy takes oil prices lower, then that could get worse.
Revenue Continues To Decline
Drilling activity in North America slowed in the second half of 2018. Budget exhaustion may have caused certain shale oil plays to pull the reins on E&P in the region.