L.E.K. Consulting's Industrials practice continually monitors industry trends and identifies attractive opportunities for private equity and corporate investors. Following the steep decline of crude oil in late 2014, and continued downward pressure in 2015, there have been many questions regarding future drilling activity and the outlook for investment within the oil and gas sector.
The dynamics affecting pricing are not likely to change in the near term, and we expect to see consolidation in the oil field equipment and service space. For those considering an investment in this space, a few large themes stand out. Learn more about the current dynamics affecting this sector and what you can expect to see in the near, middle and long terms.