HONG KONG, July 25, 2025 – (ACN Newswire) – The successfully pass of U.S. President Donald Trump’s One Big Beautiful Bill Act is expected to have a crucially impact on America’s energy structure. A key focus of the entire Act is that the U.S. federal government will significantly eliminate subsidies for green energy such as wind power, solar energy, and electric vehicles in the future, while increasing subsidies for fossil energy. In other words, America’s energy structure will return to the old era, that is, the golden era of the U.S. dollar which is the dominant global settlement currency. Therefore, investor should pay more attention on such situation and bet on oilfield production infrastructure manufacturers and refineries in the energy sector, rather than on upstream energy companies, whose business performance are closely related to international oil prices.
Recently, Roth Capital initiated a research report on OMS Energy Technologies (NASDAQ: OMSE), a Singapore-based company focusing on the R&D and production of surface wellhead systems (SWS) and oil country tubular goods (OCTG). Roth Capital initiated the company “Buy” rating with a 12-month target price of US$10. On 24 July, OMSE announced its 2025 fiscal year earnings results, and its stock price surged by more than 8% after the results was announced, closing at US$7.18, which still has nearly 40% upside potential compared to its target price.
OMSE’s business mainly involves the exploration and production infrastructure for the oil and natural gas industry, namely SWS and OCTG. Its products are widely used in onshore and offshore oilfield exploration and production (E&P) activities in the Asia-Pacific region, the Middle East, and North Africa. Currently, the company has 11 manufacturing facilities strategically located in oil and gas service hubs across 6 jurisdictions. It also has finishing facilities near some of its top end-users’ E&P operations, including in Saudi Arabia where its largest client Saudi ARAMCO Oil i