Goldman Sachs cut its view on some onshore North America-focused oilfield-services companies...
Goldman Sachs cut its view on some onshore North America-focused oilfield-services companies earlier today, downgrading Helmerich & Payne (HP -0.3%), Patterson-UTI (PTEN -1%) and Baker Hughes (BHI +0.3%) all to Neutral. The firm cites a slump in natural-gas prices that weighs heavily on oil-related drillers in the US.
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