May. 26 at 1:34 PM
Rising oil production could spell trouble for
$NGS,
$SEI, and
$OIS. ⚠️
📉 EIA projects lower oil prices for 2025 and 2026, potentially reducing demand for drilling equipment.
đźš« Upstream players are tightening capital spending, prioritizing shareholder returns over production.
Is it time to rethink your oil and gas equipment plays? Full analysis here 👉 https://www.zacks.com/commentary/2477230/3-oil-gas-equipment-stocks-to-sail-through-industry-challenges?cid=sm-stocktwits-2-2477230-body&ADID=SYND_STOCKTWITS_TWEET_2_2477230_BODY