Oil Services: “Embrace the Volatility”

D. A. Davidson says it’s time to embrace volatility. Analyst Sonny Randhawa initiated coverage on the four large, global oilfield services companies — Baker Hughes (BHI), Schlumberger (SLB), Halliburton (HAL) and Weatherford International (WFT) at a buy. The oil service sector’s performance is still highly correlated with crude prices, which have fluctuated from $62/barrel to […]