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OFS - After ending Q1 on a slide, OFS sector could hear a thud in Q2 - May 2020
Q1 earnings season has wrapped up with sizeable impairments in goodwill and assets. Given that the market went from a slide in late March to a free fall in April, Q1 results might look like the good ol’ days compared to Q2. Most expect that the floor in US activity will be reached in Q2, but how low is the floor? “This will likely be the worst downturn that any of us in the......
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