No personal knowledge or insight, but I found this 2012 M&A analysis for the oilfield services sector. It wouldn't be bad news for your investment if the spin-off gets established then gets gobbled up.
No doubt a continuous prosperity, though spendthrift, is preferable to an economy thriftily moral, though lean. Nevertheless, that prosperity would seem more soundly shored if, by a saving grace, more of us had the grace to save.
Life Magazine editorial, 1956