Citi: European Oilfield Services Still Poised for Further Gains After 47% Rally
Citi Research says European oilfield services stocks remain attractively valued despite a 47% year-to-date surge, citing below-historical multiples and a persistent discount versus U.S. peers. The bank highlights Saipem, Subsea 7 and Technip Energies as leading names in the subsector and projects stronger EBITDA growth for European services firms t…