ACDC stock forecast, quote, news & analysis

The most notable companies in this group are Schlumberger Limited (NYSE:SLB), Halliburton Company (NYSE:HAL), Valaris Limited (NYSE:VAL).

The oilfield services/equipment industry is involved in providing various equipment and services to oil and natural gas producers. These companies rent drilling rigs and/or provide services to build and maintain oil and gas wells. The performance of this industry is dependent on demand for oil and natural gas, which in turn is often driven by macroeconomic conditions or business cycles. Schlumberger NV, Halliburton Company, and Baker Hughes are some of the biggest oilfield services companies.

The average market capitalization across the Oilfield Services/Equipment Industry is 3.67B. The market cap for tickers in the group ranges from 717 to 79.1B. SLB holds the highest valuation in this group at 79.1B. The lowest valued company is FLSS at 717.

The average weekly price growth across all stocks in the Oilfield Services/Equipment Industry was -1%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 55%. KEGX experienced the highest price growth at 36%, while TAGP experienced the biggest fall at -28%.

The average weekly volume growth across all stocks in the Oilfield Services/Equipment Industry was -17%. For the same stocks of the Industry, the average monthly volume growth was 11% and the average quarterly volume growth was 24%