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re: OT spin off: future of driller and oil services companies
Posted on 7/7/17 at 10:24 pm to ghost2most
Posted on 7/7/17 at 10:24 pm to ghost2most
I would be very cautious, if its not for a major I probably wouldn't take it. Good chance oil dips into the 30s next yr. I left tge biggest service company about a yr ago to take something a little more and try and ride it out and see how things go. The service industry is going to be down for a good while, most companies are barely breaking even and that includes the big ones.
This post was edited on 7/7/17 at 10:34 pm
1
Posted on 7/7/17 at 10:33 pm to GREENHEAD22
Interesting. It's definitely a risk. The company I'm interested in is at least a little diversified so they've withstood the last few years.
Will just have to see if the compensation is worth the risk.
Again, what I do could be for any industry, so I was just curious if people were like, hell no, the future is doom and gloom for oil services or if people expect a rebound.
Will just have to see if the compensation is worth the risk.
Again, what I do could be for any industry, so I was just curious if people were like, hell no, the future is doom and gloom for oil services or if people expect a rebound.
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