November eNews

Sequeira Energy Synopsis – January 2018 Newsletter

Our Sequeira Oilfield Service Index rose 3% month-over-month to the end of January; however, recent volatility in the markets has caused our index to be down nearly 8% over the first half of February. Q4 earnings season for the super majors kicked off earlier in the month with NOV and Halliburton reporting stronger earnings than analyst consensus. Unfortunately, the same …

November eNews

Sequeira Energy Synopsis – November 2017 Newsletter

Our Sequeira Oilfield Service Index declined 3% month-over-month to the end of November. Conversely, WTI prices increased 6% over the same time frame. Last week, OPEC sent a strong message with a nine month extension to production cuts in an effort to balance the market; however, despite the move, investors’ appetite for oilfield stocks has remained cautious. See appendix for …

Sequeira Energy Synopsis – October 2017 Newsletter

Since our Q3 newsletter was published, our Sequeira Oilfield Service Index declined 2% to the end of October. Conversely, WTI prices increased 5% over the same time frame. Investors remain on the sidelines waiting to see if the rally in crude prices are sustainable and whether oilfield service businesses will be able drive meaningful increases in earnings. See appendix for …