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Industry’s focus on land grabs makes way for spending within cash flows
Number of drilled but uncompleted wells rises sharply
Equity bear market should continue through the summer
Companies enjoy rebound in US shale but elsewhere lucrative business is drying up
Only companies exposed to US shale see an upturn linked to crude price recovery
A number of American energy services companies are re-emerging from bankruptcy
The market’s heated rush into oil services should cool in the near-term
Lesar hails revival in ‘animal spirits’ despite losses last year at oilfield group
Slowdown in employment losses is latest pointer that the worst is over for oil sector
Companies respond to price plunge with dramatic cost-cutting
Rising oil price supports the sector as cyclicals are favoured over defensive shares
Worst for industry now over, says Lesar
International Edition