This week we are tipping a US-listed oil services stock with a focus on the dynamics of the Middle East's energy space. The UK market looks like it will remain quite choppy in the run-up to the Budget, which is dominating national headlines. And the tech sector, while still favoured, could be dragged down in the short term as traders are obviously looking for some kind of sell trigger around the AI bubble.
The oil sector, on the other hand, has remained a little subdued in 2025. It could spring to life again, and can still yield the odd gem, like this week’s pick.
We are tipping a US-listed energy services company with a strong bias towards the Middle East and North Africa regions. It is a dominant player in oilfield services and employs over 6,000 people. It works with oil companies, among them state-owned operations, providing them with a range of services, including hydraulic fracturing, rig services, filtration and drilling fluids, basically the nuts and bolts of on-site crude oil production.
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