2026-01-07
19 分钟Bloomberg Audio Studios.
Podcasts, radio, news.
It is now day two of the market kind of digesting what has happened over the weekend with the raid in Caracas and the capture of Nicholas Maduro.
And of course, we've seen energy companies move up and down.
Today, they are down.
They're the worst performers in the S&P 500.
If you look at 11 groups and I'm just looking at some of the worst performers,
they include Halliburton, they include Marathon Petroleum,
but it's the oil services company that I want to really dig into here
because many people say that they will be beneficiaries.
of the rebuilding of Venezuela's oil industry.
Let's bring in Scott Levine.
He's our Senior Energy Services Analyst here at Bloomberg Intelligence.
Scott, make the case for why Halliburton, Schlumberger, and Baker Hughes are well positioned.
In order to have oil producers like Chevron, Exxon,
and Shell, participate in the turnaround of the Venezuelan oil industry.
We need to get the machinery going, basically.
And the machinery is in very poor shape after decades of poor governance and management and a lack of investment.
Really, the Chavez administration expropriated assets.
And so who are the experts in doing so?