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ProdEng: Services for Oil & Gas Extraction
Cespedes, Frank V.; Miguel, Maria Fernanda; Cal, MarianaCaso HBS-819003-EIniciativa emprendedoraIn 2016 unforeseen Oil and Gas industry-wide demand slump drove ProdEng's average service rates down by more than 37%, with EBITDA margins falling from 50% to 24% in the second half of 2016. Although the Partners remained optimistic about ProdEng's long-term fundamentals and management team, the short-term challenges required that they act rapidly. However, they had divergent views on the path forward. Should they stay the course and focus on the...Desde 8,20 €