The Formation Evaluation and Completion segment offers services such as controlled-pressure drilling and testing, drilling services, tubular running services, drilling tools, integrated drilling, wireline services, re-entry and fishing, cementing, liner systems, integrated laboratory services and surface logging.
The research firm said it scuttled Patterson-UTI Energy from the list after the analyst who covers the stock cut his rating on it to "sell," due to his view of oil drilling and services sector.
The oil field services sector includes oil and gas drilling, construction, consulting and the information needed to develop fields.
And this will hit another big part of the industry - the services sector that provides the rigs, drilling and extensive support to companies like BP or Exxon.
There is a growing hope in the oil services sector that the moratorium on offshore drilling will soon be lifted or allowed to expire, and that the demise of the ban will help return the group to profitability.
Much of the same factors that afflicted the oil services sector during the first quarter: tight margins and lower rigs counts arising from slowed drilling activity, persisted into the second quarter.
Employment in the services sector is growing.
For services to the financial services sector.
[World Business, Section W.] Modest Growth in Service Sector The services sector grew modestly in December.
Unfortunately, the services sector is a lot bigger than the manufacturing sector these days.
