Below you'll find a list of all posts that have been categorized as “The Well Street Journal”
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 …
We hope everyone had an enjoyable time over the holidays! Cold weather aside, we certainly enjoyed the opportunity to get ready for what looks to be a promising 2018. Optimism in the industrial and oilfield services sectors seems to be returning with strong transaction activity to finish off the quarter and a noticeable recovery in crude prices. Download Quarterly M&A …
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 …
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 …
We’re back! Thanks for hanging in with us while we have made some changes to our quarterly distribution. In the last year, we’ve seen a lot of changes at Sequeira Partners, both in the addition of our Corporate Valuation & Financial Opinions practice in Calgary and the move of both our Edmonton and Calgary offices. We’ve also added new talent, …
