Exterran Is Still Shaky
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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