NCS Multistage Holdings: An Overview
NCS Multistage Holdings (NCSM) provides engineered products and support services that optimize energy well completions and field development strategies. In 2018 so far, NCSM’s stock price has increased by 12%, and outperformed the VanEck Vectors Oil Services ETF (OIH) which declined by 9% during this period. OIH represents the oilfield equipment & services (or OFS) industry. NCSM’s financial performance went south in Q2 2018, but its long-term growth drivers remain healthy enough to wade through the short-term difficulties. Before we get into what causes NCSM to