Oil-Service Companies Face Earnings Hits Due to Iran War Impact
Earnings·1 article across 1 outlet
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This week will offer the clearest picture yet of the Iran war’s impact on the world’s biggest oil field service providers, with the likes of SLB Ltd., Baker Hughes Co. and Halliburton Co. all expected to take hits to their bottom line.
Investors are closely watching the earnings reports from these companies to gauge the extent of the financial repercussions stemming from the ongoing conflict.
SLBBaker HughesHalliburtonIran
Sources
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“This week will offer the clearest picture yet of the Iran war’s impact on the world’s biggest oil field service providers, with the likes of SLB Ltd., Baker Hughes Co. and Halliburton Co. all expected to take hits to their bottom line.”
Bloomberg — Oil-Service Companies Set to Reveal War’s Impact on Earnings