Oil & Gas Field Services Industry Report
Overview
The US oil and gas field services industry includes about 7,600 companies with combined annual revenue of about $72 billion. Major companies include Baker Hughes, Diamond Offshore Drilling, Halliburton, National Oilwell Varco, and Schlumberger Limited, the US operations of Schlumberger.
SIC: 1381, 1382
NAICS: 213111, 213112
Sample Questions & Answers
What changes in energy prices does the company anticipate over the next year, and how will higher or lower prices impact demand for the company’s services?
Investment in drilling is closely linked to world energy prices, which are volatile and can change dramatically within a year. Spot prices for West Texas Intermediate crude oil in the US fell nearly 40 percent from 2008 to 2009, then rose by more...
How does a decline in US oil production impact demand for the company's services?
Although new methods have improved production from existing fields, US crude oil production declined 10 percent from 1999 to 2009 as oil fields were depleted. Despite new exploration activity, proved US reserves of crude oil have declined for the...
To read this full Call Prep Question and others, purchase the full report.
General Report Description
Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.
Sections Included in Report
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Trends and Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Website and Media Links
- Glossary of Acronyms
Industry Report Highlights:
Recent Developments
Stay up to date on crucial industry news that may affect your strategy.Trends & Opportunities
Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.Call Preparation Questions
Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.Industry Forecast
Identify growth and integrate projections in your own business planning.
Business Challenges
Engage your prospects with solution selling that makes their life easier by first understanding their pain points.Executive Insight
Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.Financial Information
Increase your credibility and support your presentations by adding verifiable industry metrics.Web Links & Acronyms
Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.
Oil & Gas Field Services Industry Report
Coastal & Great Lakes Freight Transportation Industry Report
Overview
The US coastal and Great Lakes shipping industry includes about 500 companies with combined annual revenue of about $8 billion. Major companies include Horizon Lines, Matson Navigation, American Steamship Company, and Rand Logistics. The industry is highly concentrated: the 50 largest companies account for over 80 percent of industry revenue.
SIC: 4424
NAICS: 483113
Sample Questions & Answers
What trend has the company experienced in petroleum shipping revenues?
US coastwise trade fell 24 percent between 2004 and 2009, largely due to declining petroleum shipments. Domestic crude oil production has declined about 40 percent since its peak in 1970. Petroleum companies off the Gulf Coast struggle to compete...
How dependent is the company on the strength of the steel industry?
Coal, iron ore, and limestone, three key commodities in steel manufacture, make up a large portion of the total traffic transported on the Great Lakes. The Great Lakes shipping industry depends on three industries: steel, utilities, and construction,...
To read this full Call Prep Question and others, purchase the full report.
General Report Description
Save valuable research time, increase confidence on sales calls, and get the competitive edge to win more business with Hoover's Industry Report. Proprietary editorial analysis synthesizes hundreds of sources into an easy-to-digest format so that you can quickly understand a client's business challenges. Insight into critical business issues, industry trends and opportunities, and financial benchmarks is an integral part of each report.
Sections Included in Report
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Trends and Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Website and Media Links
- Glossary of Acronyms
Industry Report Highlights:
Recent Developments
Stay up to date on crucial industry news that may affect your strategy.Trends & Opportunities
Identify avenues for expansion and get prospects thinking about growth opportunities that justify investing in your product.Call Preparation Questions
Gain instant rapport with prospects during your sales calls using done-for-you call preparation questions.Industry Forecast
Identify growth and integrate projections in your own business planning.
Business Challenges
Engage your prospects with solution selling that makes their life easier by first understanding their pain points.Executive Insight
Identify the correct decision maker and tailor your presentation to his or her needs, and maximize the effectiveness of your pitch.Financial Information
Increase your credibility and support your presentations by adding verifiable industry metrics.Web Links & Acronyms
Speak the Prospect's language by demonstrating an understanding of industry trade associations and jargon.



