Filing Flows › Industries › Oil & Gas Field Machinery & Equipment › Capital spending and supply chain
Oil & Gas Field Machinery & Equipment: capital spending and supply chain
SIC 3533 · 12 companies with filed cash-flow statements
Analysis
12 companies in Oil & Gas Field Machinery & Equipment (SIC 3533) spent $4.0B on capital projects over their latest twelve months, 44% of the $9.0B their operations generated; the three largest spenders — SEI, BKR, NOV — account for 82%.
Capital spending is 6.2% of the industry's $63.8B of annual revenue.
By the industry's asset mix most of it goes to equipment (44%); about $669M is imported.
The largest supplier of that spending is manufacturing structures ($1.1B).
Its largest supplying industries, by the input-output tables: imports ($5.0B), iron and steel mills and ferroalloy manufacturing ($2.9B), all other forging, stamping, and sintering ($2.3B).
Charts
Capital spending by company
| Company | Capital spending | Operating cash flow | Capex / OCF | Period |
|---|---|---|---|---|
| SEI Solaris Energy Infrastructure | $1.6B | $574M | 285% | TTM to Q3 2026 |
| BKR Baker Hughes | $1.3B | $4.5B | 28% | TTM to Q3 2026 |
| NOV NOV | $335M | $605M | 55% | TTM to Q3 2026 |
| FTI TechnipFMC | $271M | $1.9B | 15% | TTM to Q3 2026 |
| WFRD Weatherford International | $192M | $771M | 25% | TTM to Q3 2026 |
| FLOC Flowco Holdings | $127M | $364M | 35% | TTM to Q3 2026 |
| GPUS Hyperscale Data | $38.6M | −$65.3M | — | TTM to Q2 2026 |
| DNOW Dnow | $38.0M | $241M | 16% | TTM to Q3 2026 |
| DTI Drilling Tools International | $21.7M | $1.3M | 1642% | TTM to Q3 2026 |
| OIS Oil States International | $13.4M | $47.3M | 28% | TTM to Q3 2026 |
| FET Forum Energy Technologies | $6.5M | $68.5M | 9% | TTM to Q3 2026 |
| KLNG Koil Energy Solutions | $2.1M | −$1.2M | — | TTM to Q2 2026 |
Customers and suppliers named in annual reports
| Supplier | Customer | Share of supplier revenue | Evidence | Source |
|---|---|---|---|---|
| DTI | BKR | — | Stated in 10-K (named, share not stated) | filing |
| DTI | HAL | — | Stated in 10-K (named, share not stated) | filing |
| DTI | CVX | — | Stated in 10-K (named, share not stated) | filing |
| DTI | EOG | — | Stated in 10-K (named, share not stated) | filing |
| DTI | OXY | — | Stated in 10-K (named, share not stated) | filing |
| GEV | BKR | — | 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.