An Oilfield Services Recovery. Is it happening? AIA 4-23-22

As long as oil prices stay reasonably high.  

However, we have many headwinds to higher oil prices; tightening liquidity, rising rates, fiscal stimulus fading, and weakening economy around the world.   

Nevertheless, this week's quarterly earnings reports from Halliburton and Schlumberger were very positive with the forward guidance positive also.