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.
🚫 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