Pritchard Capital Provides Color on Oil Services

Pritchard Capital provided color on the oil services. In a research report published today, Pritchard states, "The Oil Service Index (OSX-250.48) retreated 2.5% last week to underperform the S&P 500 (1,271.50) by 250 bp. The majority of shares in our universe traded lower; production services and manufacturing names gave up the least at roughly 2% each. Shares of Cameron International Corporation (CAM-$46.11) and Core Laboratories (CLB-$103.31) were top performers as the shares gained 3% and 2%, respectively." On Friday, Cameron International CAM added 0.09% to its value to close the week at $46.11. At the same time, Core Laboratories CLB lost 0.93% to finish the week at $103.31.