• BKR
• FTI
• HAL
• OII
• RIG
• SLB
• TENR
• VAL
• XES

Energy services sector downgraded at Barclays amid bearish oil macro setting

Barclays downgrades the energy services sector to Neutral, impacting spending and sentiment for 2025, while adjusting ratings for Halliburton, Oceaneering, and Valaris.