Filing Flows › Industries › Oil & Gas Field Services, NEC › Capital spending and supply chain
Oil & Gas Field Services, NEC: capital spending and supply chain
SIC 1389 · 17 companies with filed cash-flow statements
Analysis
17 companies in Oil & Gas Field Services, NEC (SIC 1389) spent $6.0B on capital projects over their latest twelve months, 51% of the $11.8B their operations generated; the three largest spenders — SLB, LBRT, HAL — account for 67%.
Capital spending is 7.6% of the industry's $79.1B of annual revenue.
By the industry's asset mix most of it goes to equipment (39%); about $485M is imported.
The largest supplier of that spending is manufacturing structures ($1.4B).
Its largest supplying industries, by the input-output tables: other financial investment activities ($4.7B), management of companies and enterprises ($2.8B), imports ($2.8B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| SLB SLB Limited | $1.8B | $6.4B | 28% | TTM to Q3 2026 |
| LBRT Liberty Energy | $1.2B | $560M | 217% | TTM to Q3 2026 |
| HAL Halliburton | $1.0B | $2.6B | 39% | TTM to Q3 2026 |
| WBI WaterBridge Infrastructure LLC | $447M | $354M | 126% | TTM to Q3 2026 |
| WTTR Select Water Solutions | $316M | $234M | 135% | TTM to Q2 2026 |
| PUMP ProPetro Holding | $292M | $196M | 149% | TTM to Q3 2026 |
| NESR National Energy Services Reunited | $194M | $350M | 55% | TTM to Q2 2026 |
| ACDC ProFrac Holding | $149M | $133M | 112% | TTM to Q3 2026 |
| RES RPC | $141M | $178M | 80% | TTM to Q3 2026 |
| TUSK Mammoth Energy Services | $123M | −$19.4M | — | TTM to Q3 2026 |
| NGS Natural Gas Services Group | $110M | $79.1M | 140% | TTM to Q2 2026 |
| OII Oceaneering International | $92.1M | $380M | 24% | TTM to Q3 2026 |
| KLXE KLX Energy Services Holdings | $39.3M | $30.0M | 131% | TTM to Q3 2026 |
| RNGR Ranger Energy Services | $37.2M | $55.0M | 68% | TTM to Q1 2026 |
| HOS Hornbeck Offshore Services | $17.8M | $253M | 7% | TTM to Q2 2026 |
| CLB Core Laboratories | $14.3M | $24.7M | 58% | TTM to Q3 2026 |
| NCS Multistage Holdings | $1.5M | $19.7M | 8% | TTM to Q2 2026 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| OII | U.S. government | 12% | Stated in 10-K (sentence) | filing |
| HOS | SHEL | 18% | Stated in 10-K (XBRL) | filing |
| WBI | PR | 30% | Stated in 10-K (sentence) | filing |
| RNGR | AMZN | 5% | Stated in 10-K (sentence) | filing |
| PUMP | XOM | — | Stated in 10-K (named, share not stated) | filing |
| PUMP | OXY | — | Stated in 10-K (named, share not stated) | filing |
| PUMP | EOG | — | Stated in 10-K (named, share not stated) | filing |
| PUMP | PR | — | Stated in 10-K (named, share not stated) | filing |
| ACDC | FTK | — | Stated in 10-K (named, share not stated) | filing |
| WBI | EOG | — | Stated in 10-K (named, share not stated) | filing |
| DTI | HAL | — | Stated in 10-K (named, share not stated) | filing |
The interactive money flow: switch views, follow each dollar →
Evidence grades: A filed figure · B computed from filed figures · C industry average (BEA input-output and fixed-asset tables) applied to filed figures. Estimates are not the companies’ own records. Not investment advice.