Moody's: Mild Growth for Global Oilfield Services and Drilling Sector on Increased Oil Prices, Upstream Spending
Announcement: Moody's: Mild Growth for Global Oilfield Services and Drilling Sector on Increased Oil Prices, Upstream Spending. Global Credit Research- 20 Mar 2017. New York, March 20, 2017-- Moody's Investors Services has revised its outlook to stable from negative for the formerly beleaguered global oilfield services and drilling sector, with 2017 EBITDA anticipated to grow between 6-8% after two years of extreme stress and declining earnings, according to a newly released...
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