From yahoo business today:
Big oil companies expected to fair better
Hari sees the major oil companies coming out strong from the pandemic.
“The oil majors generally — those with deep pockets —those who are staying on track with regards to new energies, environmentally-friendly businesses, those usually tend to do better,” said Hari
“The BPs (BP), Shells (RDS-A), Exxon Mobils (XOM) at the world, they are also able to raise a debt, even in the current circumstances,” she added.
Oil service companies which normally provide engineering, fluid hauling, surveying, and testing are not expected to fair as well.
“Services companies, really, their fate depends on how quickly upstream investment globally rebounds and really, I don't see that happening anytime soon.”