Thread regarding Dril-Quip Inc. layoffs

Bad situation oil industry. DQ do not have choice. Do not shut down, it is lucky. They already tried hard.

April and May, 14 oil and gas companies filed for bankruptcy — compared with five over the first three months of the year — according to a report by the law firm Haynes Boone.
Schlumberger to auction more than 20 properties this month.
Rig count plunges below 300 in 13th-straight week of losses

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| 973 views | | 1 reply (June 6, 2020) | Reply
Post ID: @OP+15kuskJk

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Make sense, more understand. Every investor will do the same. CUT SPENDING.

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Post ID: @yla+15kuskJk

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