Standard & Poor’s Ratings Services (S&P) has cut the corporate credit rating of Fort Worth, TX-based FTS International Services LLC, one of the top five hydraulic fracturing (fracking) service providers in North America, because it said capacity additions and rising costs, combined with moderating demand and low natural gas prices, are pressuring margins in the fracture stimulation industry.
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Barclays Says Winter Weather ‘Reset’ for Gas Storage Heightened
The risk of a winter weather “reset” on natural gas storage supplies has come in higher and sooner than forecast, and that alone could meaningfully swing the North American gas market in 2010, Barclays Capital analysts said this week.
January 8, 2010
Raymond James: Higher Oilfield Service Prices Would Still Provide Ample Return
Even if oilfield prices go up by 15-20 % next year, as Raymond James expects to occur, the negative ramifications on exploration and production returns will be surprisingly small, according to Raymond James analyst J. Marshall Adkins.
November 18, 2003
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