Challenges due to rising oil production impacting Natural Gas Services, Solaris Energy, and Oil States International.
From Zacks Investment Research: 2025-05-28 06:14:00
Three oil and gas equipment companies, Natural Gas Services Group, Solaris Energy Infrastructure, and Oil States International, are facing challenges in the industry due to rising oil production potentially outpacing demand growth, leading to lower prices and reduced demand for drilling and production equipment. The industry, which includes companies providing oilfield equipment to exploration and production firms, is seeing declining demand and lower dividend yields compared to the sector. Despite these challenges, Natural Gas Services benefits from increased demand for compression equipment for LNG export terminals, Solaris Energy remains stable, and Oil States International gains new business from international customers.
Read more at Zacks Investment Research: Zacks Industry Outlook Highlights Natural Gas Services, Solaris Energy and Oil States International – May 28, 2025