Demand for oilfield services has changed considerably over the past year. Many E&P and oilfield service companies have announced significant job cuts, reductions in capital spending, and impairments. While expected, OPEC’s June 5 decision to keep production at 30 million barrels per day for the next six months is likely to keep prices at or below break-even levels for many U.S. shale producers. Join Steve Sprenger as he addresses the effect that the lower price environment has had, and will continue to have, on oilfield service company valuations.