Q: Hey 5i Team,
I am wondering how much of Enterprise group's business will be affected by the lower crude price. Heart oilfield rentals may incur some weakness but I would assume pipeline projects will still be going ahead regardless of volatile commodity prices. It seems their stock price has been under pressure along with the service sector however business still seems to be good? I would appreciate your thoughts on the company.
Thanks
I am wondering how much of Enterprise group's business will be affected by the lower crude price. Heart oilfield rentals may incur some weakness but I would assume pipeline projects will still be going ahead regardless of volatile commodity prices. It seems their stock price has been under pressure along with the service sector however business still seems to be good? I would appreciate your thoughts on the company.
Thanks