Sentences with phrase «of oil service companies»

Since then, the shares of Civeo have declined substantially; 3rd quarter operating results were disappointing resulting in a share price drop of close to 50 %, then recent oil price declines impacted the price of all oil service companies, with CVEO shares dropping into the $ 7 - $ 9 range.

Risks to be aware of Oil service companies might be forced to break, cancel, or alter some of these contracts if oil prices remain low for several quarters.

Not exact matches

When oil prices last took a precipitous dive in 2009, David Yager was CEO of a medium - size oilfield services company.

The company was also an entry point to ExxonMobil, the world's largest energy company with 56,000 service stations — including those belonging to Imperial Oil — and hundreds of thousands of retail employees internationally.

Pardy expects we'll see a gradual shift out of integrated oil companies and into riskier, more volatile exploration - and - development and oilfield services stocks that can offer more upside, although he stresses that you can't lose sight of the companies» balance sheets.

Engineering and consulting services company Logicamms has signed contracts with Samsung C&T Corporation, Chevron Australia and Oil Search for a combined contract value of about $ 15 million.

When combined with the Company's existing 10,000 barrel per day agreement for in - field gathering with Oryx Midstream Services and planned investment of approximately $ 20 million in its own oil gathering system in 2018, PDC believes this agreement ensures its ability to successfully produce and deliver volumes in accordance with its current development plan.

Marine services company MMA Offshore's net loss has widened to $ 144 million on the back of a previously flagged impairment and reduced activity in the oil and gas sector.

Usher previously served on the Boards of Directors of Transtar, Inc., H.J. Heinz Company, PNC Financial Services, PPG Industries, and Marathon Oil.

Everyone from medical equipment suppliers to software producers to food services companies — all of these sectors service the oil and gas industry, and many of the largest happen to be based in the U.S.

ONE man's vision to provide a value - added pressure - testing service to the construction, resources and oil and gas industries, has led to the emergence of a leading Australian company poised to expand offshore.

But the defense contractor experienced a double whammy in 2014 between falling oil prices (triggering cutbacks on energy projects) and the substantial withdrawal of U.S. troops from Iraq, reducing the need for the company's services there.

A provision of Tillerson's ethics agreement says that he must give up any undistributed assets in the trust if he becomes employed by or provides services to «a company in the oil and gas industry or the oil and gas services industry.»

In 1994, Derrick Rowe had a $ 5 - million two - way - radio company that serviced oil rigs in the NorthAtlantic out of St. John's, Newfoundland.

Canadian Western Bank (TSX: CWB) boasts an impressive 112 consecutive profitable quarters, but like much of the oil - reliant Alberta economy, the Edmonton - based financial services company is feeling the effects of the bust.

In the era of the Internet of Things (IoT) and the Internet of Everything (IoE), data about oil resources and oil wells is so important that companies across the oil industry's chain are now seeking to explicitly state in contracts who owns that data — the oil service firms or their exploration customers.

The faster oil services firms and oil exploration companies adopt digitalization, the more data they generate with every well they drill and every digital map of oil resources they create — but that data is now the subject of hot debate as the oil industry tries to figure out who owns that data.

As a result of these actions, the Company consolidated its historical Technical Services, Industrial and Field Services, and Oil, Gas and Lodging segments under a newly formed Environmental Services segment.

The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from higher oil prices, according to a new report from Moody's Investors Service.

On assignment in Iran for Fortune two years before, I had stumbled upon Halliburton (HAL), yet another Texas oil - services company, which was operating from a high - rise building in central Tehran, despite decades of U.S. sanctions and intense hostilities between the two nations.

Despite early signs of a bottoming out, Moody's Investors Service slashed its oil price forecast for 2016 to $ 33 per barrel, and also put 69 E&P companies in the U.S. under credit review for possible downgrade.

I have had, over my time at the University of Alberta, representatives from the Alberta Ministries of Environment, Energy, and Finance and Enterprise, many major oil, gas, energy services, pipeline and electricity companies, Epcor, the Pembina Institute, and many others speak in my classes.

The Energy sector consists of companies involved in the exploration, production, or management of energy resources such as oil, gas, and coal, as well as companies that service these industries.

So Europeans and Asians see U.S. companies pumping more and more dollars into their economies, not only to buy their exports in excess of providing them with goods and services in return, and not only to buy their companies and commanding heights of privatized public enterprises without giving them reciprocal rights to buy important U.S. companies (remember the U.S. turn - down of Chinas attempt to buy into the U.S. oil distribution business), and not only to buy foreign stocks, bonds and real estate.

Additionally, his prior service as a director of another public energy company allows him to provide leadership and knowledge of best practices that benefit the Company and his guidance and understanding of management processes of other oil and gas companies benefits the Company as it continues tcompany allows him to provide leadership and knowledge of best practices that benefit the Company and his guidance and understanding of management processes of other oil and gas companies benefits the Company as it continues tCompany and his guidance and understanding of management processes of other oil and gas companies benefits the Company as it continues tCompany as it continues to grow.

Bev has over 30 years of experience in internal and external consulting with Fortune 500 companies in industries such as communications, financial services, oil and gas, health care, fast - moving consumer goods, retail, manufacturing, and distribution.

In the case of an oil spill cleanup, the costs are likely to be directly incurred by an insurance company, but the premiums paid for that insurance come at the expense of the value of the oil transportation service — the higher the expected clean - up costs from oil spills, the higher insurance premiums will be, and this will mean higher pipeline tolls, which in turn implies lower profits, taxes, and royalties on the products shipped.

FORT WORTH, Texas, May 3, 2018 / PRNewswire / — Galenfeha, Inc. (OTC: GLFH) announced today the company signed a Letter of Intent to acquire Fleaux Services of Louisiana, LLC, a leading oil and gas measurement company, for $ 18,000,000 USD.

You don't have to stick with the big boys in the industry, though; there are hundreds of independent oil & gas companies that participate in drilling and exploration, equipment and services, pipelines, and refining and marketing.

Oil - field service giant Halliburton Company (NYSE: HAL) shows signs of an upcoming price surge after a pullback according to its latest charts.

Shares of Weatherford International PLC (NYSE: WFT) closed Thursday up more than 12 % on the heels of some positive commentary about the oil services company from analysts.

As oil service companies finally move toward digitization, these stocks should have a brighter future ahead of them.

Management believes that the non-GAAP measure of Adjusted EBITDA is useful as an indicator of an oil and gas exploration and production company's ability to internally fund exploration and development activities and to service or incur additional debt.

As owner of the five - year - old, Lancaster, Pennsylvnia - based Katerina's Finest, an olive oil importer and distributor, Zeppos says signing up with a barter network, comprised of local small business owners and companies that offer personal services, has been a godsend, particularly for financially - strapped startups like hers.

My company has a financial relationship with the following companies mentioned in this article: Within the last two years, Mackie Research Capital has managed or comanaged an offering of securities for, and received compensation for investment banking and related services from Prairie Provident Resources Inc., Point Loma Resources Ltd and Pulse Oil Corp..

The Abu Dhabi National Oil Company, or ADNOC, is considering an initial public offering of minority stakes in some of its services businesses.

At Inverness, Kurt pursued opportunities in a wide variety of industries and executed transactions with energy and financial services companies including the IPO of National Oilwell Varco (formerly National Oilwell, Inc.), today a $ 30 billion oil and gas services company, and the acquisition and sale of Financial Alliance, Inc., a merchant payment processor with over 60,000 accounts.

The SPDR S&P Oil & Gas Equipment & Services ETF tracks an equal - weighted index of companies in the oil and gas equipment and services sub industry of the S&P Total Markets IndOil & Gas Equipment & Services ETF tracks an equal - weighted index of companies in the oil and gas equipment and services sub industry of the S&P Total MarketServices ETF tracks an equal - weighted index of companies in the oil and gas equipment and services sub industry of the S&P Total Markets Indoil and gas equipment and services sub industry of the S&P Total Marketservices sub industry of the S&P Total Markets Index.

Companies whose businesses are dominated by either of the following activities: The construction or provision of oil rigs, drilling equipment and other energy - related service and equipment, including seismic data collection.

The Abu Dhabi National Oil Company announced plans to take some of its services businesses public on Monday.

Shares in the oil drilling services firm Transocean (RIG) are rising by about 2.5 % premarket after the company said it had reached two settlements related to the Gulf of Mexico oil spill in 2010.

They include China, Russia, oil service companies and a slew of other entities, according to Moody's Investor Sservice companies and a slew of other entities, according to Moody's Investor ServiceService.

Saudi Arabia has plans to sell about 5 % of Saudi Aramco, the state - owned oil company, through an IPO in 2018 and expects to generate up to $ 100 billion for the country's Vision 2030 program, designed to shift the Saudi economy away from oil dependency towards tech and entertainment services.

«The ideal way for China to replace the dollar as the dominant currency for her cross-border trade is to encourage her oil suppliers to accept payment in her own currency,» says Alasdair Macleod, head of research at Goldmoney, a gold - based financial - services company in Toronto.

In addition, the oil operators have benefited from a long period of deflation by the oil service providers — overcapacity in the oil service companies led to falling prices and margins for these companies.

A company with a very long history of dividend raises, that is no doubt feeling a bit of pinch as demand for their oil and gas services are weakening in the near term, DOV still looks attractive at current prices.

The minister heads the state oil company PDVSA, which is in desperate need of a hike in fuel revenues and favorable financial ratings to fund imports of consumer goods and medical supplies for its citizens and to keep the socialist government's public services afloat.

However, their long - term contracts and the fact that greater use of frac sand is one way for oil and gas companies to maximize productivity from each well means that demand declines might prove smaller than those of other oil services companies.

Standing Row Left to Right: Laura Taylor, Chair of the WBENC Board and VP, Strategic Sourcing and Procurement Operations, Pitney Bowes, Inc.; Tara Abraham, Chair and Co-CEO of Accel, Inc.; Nicholas De Tura, VP, Supply Chain and Logistics, Alcatel - Lucent; Tim Harden, President, Supply Chain and Fleet Operations, AT&T; Al Williams, Chief Procurement Officer, Accenture; Kim Brown, Vice President, General Procurement, Dell; Rob Lidster, Vice President of Supply ChainEnergy Future Holdings; Francene Young, V.P. Talent & Diversity and Inclu sion, Shell Oil Company; Leo Lonergan, Chief Procurement Officer, Chevron Corporation; Bridget Kostelnik, General Manager, Strategic Procurement, ExxonMobil Corporation; Linda MacLean, VP Global Procurement, UPS; Tonya E. Rozier - DeAnda, Director, Strategic Sourcing, Supplier Diversity, Quality and Relationship Management, and Metrics & Analysis, Verizon Services Operations, Verizon; Brigadier General Wilma L. Vaught; Linda Denny, WBENC President Emeritus

In the same way that the energy industry today is mistakenly identified with «Big Oil» (Exxon, Chevron, et al.), when it is in fact conducted predominantly by smaller independent companies most readers will have never heard of, modern capitalism is not largely the purview of Apple and Walmart, but rather of small, privately owned businesses with less than one hundred employees providing services or products the public wants or needs in order to support the families of the owners and provide jobs for their workers.