The latest issue of our monthly Energy Equipment & Services Report, highlighting trends in M&A, financing and capital markets for private and public companies in the energy market, is now available.
Highlights include:
- Crude prices continue to dominate the industry’s outlook
- 1Q results in the OFS space were downbeat, but management teams expressed optimism that a recovery is in its early stages and may begin to be realized in 2017
- On the M&A front, the big news in May was the termination of the planned Halliburton-Baker Hughes merger less than a month after the US DOJ sued to block the transaction.