Baker Hughes' North American business is struggling with efficiency issues, while its international markets are struggling to keep up with peers.Baker Hughes' international reorganization has become more complicated with the addition of BJ Services. Competitors may be able to win high-profile
Weatherford's returns on invested capital have been weaker than those of competitors, indicating that the firm is having difficulty delivering shareholder value.Weatherford's ongoing tax issues speak to the firm's poor operational controls. The stock price is unlikely to recover until the tax
Sustainable dividends underpinned by regulated cash flows and the strong balance sheet attract.
Cost savings from BASF's Verbund system help give the company a narrow economic moat.
Cameron represents a solid way to play the retooling of ancient global rig fleets.
An increase in hiring and training outside the U.S. could inadvertently result in technology transfer to other countries and new local competitors appearing.The U.S. pressure pumping market was oversupplied from 2006 to 2009, which resulted in a significant decline in Schlumberger's North American
The company is a small player in a big sector.Execution risk in transforming the conservative trustee business into a modern financial services organisation.Earnings are exposed to market conditions and investor sentiment. Negative sentiment continues to impact equity markets, exerting pressure on
Core Labs' business model and returns are the envy of the oil services world.
National Oilwell Varco remains at the center of several major industry trends.
Competitors like Cameron are also working on their own subsea separation and all-electric subsea technology. FMC may sell its concepts to customers, but that doesn't prevent customers from ordering from Cameron if its technology is better.FMC has a new and powerful competitor with the OneSubsea