A stealth boom in oil and gas spending will boost oilfield services stocks, Morgan Stanley says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Morgan Stanley is forecasting a bigger jump in spending on new oil and gas development than most of Wall Street expects, teeing up a windfall for oilfield services firms.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street futures rise ahead of Goldman Sachs, Morgan Stanley earningsU.S. stock index futures indicated a slightly higher open Tuesday as investors looked ahead to a slew of economic data and corporate releases.
Source: CNBC - 🏆 12. / 72 Read more »

Morgan Stanley is set to report fourth-quarter earnings – here's what Wall Street expectsMorgan Stanley is set to report fourth-quarter earnings before the opening bell on Thursday.
Source: CNBC - 🏆 12. / 72 Read more »

J.P. Morgan is set to report fourth-quarter earnings — here's what Wall Street expectsJ.P. Morgan Chase, the biggest U.S. lender, is closely watched by investors as a bellwether for the financial industry.
Source: CNBC - 🏆 12. / 72 Read more »

How Morgan Stanley's 'mad scientist' became the top Wall Street analyst on the space industryAdam Jonas became famous – and to some, infamous – on Wall Street when he called for Tesla's stock to more than double to $70 a share. I sure love getting business news from a business news network. Thank you
Source: CNBC - 🏆 12. / 72 Read more »