SOURCE: Industrial Info Resources

Industrial Info Resources

April 24, 2015 06:00 ET

Suppliers to Oil & Gas Industry Share Pain of Drilling Slowdown, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Apr 24, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The collapse of crude-oil prices over the last nine months has taken its toll on critical suppliers to the Oil & Gas Industry, such as steel pipe mills and proppant providers. In recent years, those suppliers grew dramatically, in lockstep with soaring domestic crude-oil production. But in recent months, their fortunes have fallen along with crude-oil prices.

Within this article: Update on impact of falling oil and gas prices on industry supply companies.

Additional companies: U.S. Silica Holdings (NYSE:SLCA), Bakes Hughes Incorporated (NYSE:BHI)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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