Episode Details

Oilfield services kicked off Q1 with surprising strength—revenues beat forecasts by nearly 4%, even as the broader market tanked. Valaris missed year-over-year but still outperformed expectations, yet its stock plunged 30%. Select Water Solutions soared 10% after narrowly beating estimates. Meanwhile, Borr Drilling’s miss and weak EBITDA sent its shares down 30%. Even Halliburton, despite solid results, saw its stock drop 10%. Investors are clearly demanding more, even from winners.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/59fcbd75276f4416