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    Home > Chemicals Industry > International Chemical > Earnings exceed expectations, oil service giants basically maintain optimistic forecasts

    Earnings exceed expectations, oil service giants basically maintain optimistic forecasts

    • Last Update: 2022-09-26
    • Source: Internet
    • Author: User
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    Recently, the three major international oil service giants Schlumberger, Halliburton and Baker Hughes have successively announced their financial reports for the second quarter of 2022


    For the future oilfield service market, the three companies also made judgments in different directions: on the one hand, the strong growth of global upstream exploration and production expenditures will support the active growth of the oilfield service industry; on the other hand, the uncertainty of oil demand Factors will also bring instability to oilfield activity and the outlook for oil prices, presenting the oil service industry with unusual challenges


    The Big Three performed well in the first half of the year

    The performance of the Big Three in the first half of the year was good.


    Schlumberger raised its full-year guidance due to the strong results


    Halliburton also beat market expectations in the second quarter


    According to the second quarterly report released by Baker Hughes, the company's second-quarter order value was US$5.


    Outlook remains largely optimistic

    The outlook is basically optimistic The outlook is basically optimistic

    Since 2022, as the international oil price has remained at a relatively high level, the upstream industry has seen a great increase in investment intensity and operation volume


    However, as the objective situation changes, the optimism of the three giants in the second quarterly report has been reduced


      Continuing to be positive is Schlumberger


      Also unfazed by signs of a global recession is Halliburton


      Baker Hughes' second-quarter results were hurt by supply chain inflation and the suspension of operations in Russia




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