Latest news with #heavyMachinery
Yahoo
30-06-2025
- Business
- Yahoo
Greenbrier (GBX) Reports Earnings Tomorrow: What To Expect
Rail transportation company Greenbrier (NYSE:GBX) will be announcing earnings results this Tuesday after market hours. Here's what to look for. Greenbrier missed analysts' revenue expectations by 15.2% last quarter, reporting revenues of $762.1 million, down 11.7% year on year. It was a disappointing quarter for the company, with full-year revenue guidance missing analysts' expectations significantly and a significant miss of analysts' adjusted operating income estimates. Is Greenbrier a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Greenbrier's revenue to decline 4.2% year on year to $785.7 million, improving from the 21% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.99 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Greenbrier has missed Wall Street's revenue estimates three times over the last two years. Looking at Greenbrier's peers in the heavy machinery segment, only Lindsay has reported results so far. It beat analysts' revenue estimates by 4.6%, delivering year-on-year sales growth of 21.7%. The stock traded up 3.9% on the results. Read our full analysis of Lindsay's earnings results here. There has been positive sentiment among investors in the heavy machinery segment, with share prices up 7.2% on average over the last month. Greenbrier is up 6.8% during the same time and is heading into earnings with an average analyst price target of $49 (compared to the current share price of $47.72). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Greenbrier (GBX) Reports Earnings Tomorrow: What To Expect
Rail transportation company Greenbrier (NYSE:GBX) will be announcing earnings results this Tuesday after market hours. Here's what to look for. Greenbrier missed analysts' revenue expectations by 15.2% last quarter, reporting revenues of $762.1 million, down 11.7% year on year. It was a disappointing quarter for the company, with full-year revenue guidance missing analysts' expectations significantly and a significant miss of analysts' adjusted operating income estimates. Is Greenbrier a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Greenbrier's revenue to decline 4.2% year on year to $785.7 million, improving from the 21% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.99 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Greenbrier has missed Wall Street's revenue estimates three times over the last two years. Looking at Greenbrier's peers in the heavy machinery segment, only Lindsay has reported results so far. It beat analysts' revenue estimates by 4.6%, delivering year-on-year sales growth of 21.7%. The stock traded up 3.9% on the results. Read our full analysis of Lindsay's earnings results here. There has been positive sentiment among investors in the heavy machinery segment, with share prices up 7.2% on average over the last month. Greenbrier is up 6.8% during the same time and is heading into earnings with an average analyst price target of $49 (compared to the current share price of $47.72). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. 登入存取你的投資組合
Yahoo
23-06-2025
- Automotive
- Yahoo
Lubricants Market Worth US$ 180.21 Billion by 2030 - Exclusive Report by The Research Insights
CHICAGO, June 23, 2025 /PRNewswire/ -- The Lubricants Market is projected to be valued at USD 144.38 billion in 2024 and reach USD 180.21 billion by 2030, growing at a CAGR of 3.8% according to a new report by The Research Insights. Lubricants are compounds that help reduce friction and wear, and act as barriers between moving parts. They improve the efficiency and longevity of the machine. Lubricants play a crucial role in enabling the components to operate smoothly and protect the part under mechanical and thermal stress in the engine of the automobile, heavy machinery, metalworking, and aerospace. Due to these reasons, one of the reasons for a positive outlook for the lubricants market is the rising demand for high-performance engines, growing demand from marine applications, and limitations of electric vehicles. The technological advancements in lubricants are propelling the market. Due to these reasons, the consumption of lubricants has been growing at a significant rate. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Lubricants Market growth of 3.8% comprises a vast array of Application, Base Oil and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Lubricants Market, Download the Sample Pages: Market Overview and Growth Trajectory: Lubricants Market Growth: According to an exhaustive report by The Research Insights, the Lubricants Market is experiencing significant growth. The lubricants market is driven by the rapid growth in automotive, automotive OEMs, as well as aftermarket, a robust growth in industrial sector including manufacturing, mining, and power generation. Another aspect that is boosting the lubricants market is the increasing demand for biobased and green lubricants. Sustainability trends coupled with the demand for the highest level of energy efficiency, such as increased attention on using biobased lubricants, stricter emission regulations and compliance with corporate social responsibility (CSR) requirements are also positively impacting the demand for lubricants. The incorporation of intelligent sensor technology for various machines is positively impacting the market as it aids in the implementation of predictive maintenance techniques, which is promoting the use of high-performance lubricants. Emerging economies like APAC, Latin America, and Africa are witnessing increased infrastructure development and industrialization, creating favourable growth prospects for lubricant producers. Rising Global Automotive Production and Aftermarket Demand: Demand for lubricants in automobiles remains strong as new vehicles are being introduced into the market, the vehicle life cycle is extending. However, vehicle demand and ownership have increased globally, particularly in developing economies like India, China, Indonesia, and Brazil. Moreover, the demand for lubricants such as engine oil, transmission fluids, grease, and other automotive oils are increasing. Apart from new vehicles, the growing automotive aftermarket (where vehicle life cycle has extended and the average age of a vehicle in circulation is higher) plays a significant role in lubricant demand as vehicles require routine oil change and periodic lubrication for smooth functioning. For Detailed Market Insights, Visit: Industrialization and Manufacturing Growth in Emerging Economies: The lubricants market is seeing a significant rise in industrial lubricants, particularly in emerging economies like Asia-Pacific, Latin America, and Africa. The need for these lubricants is increasing in manufacturing industries, such as steel, mining, power, food processing, textile, and chemical industries. Government-funded infrastructure investment and foreign direct investment (FDI) are being encouraged to boost manufacturing activities. This will lead to an increase in the consumption of industrial lubricants in different emerging markets. Initiatives such as Make in India and China's Belt and Road are witnessing heavy investments in construction and manufacturing in India and China, respectively. Technological Advancements and Shift Toward High-Performance Synthetic Lubricants: A combination of formulation science and materials engineering is reshaping the lubricants market and is leading to a rise in demand for advanced synthetic and semi-synthetic lubricants. This leads to enhanced thermal stability, better oxidation resistance, and longer service life. Industries and automakers have started to move to synthetic lubricants due to the higher quality, lower energy consumption, and regulatory compliance. However, many companies are opting for lubricants with lower environmental impact, due to various factors such as a biodegradable and low-emission characteristic in specific sectors like marine, forest, and agriculture. These shifts are also a result of consumer awareness, regulation, and increased demands for carbon emission reduction, less waste generation, and extended oil-drain interval. Stay Updated on The Latest Lubricants Market Trends: Geographical Insights: The APAC region is a strong market, and the Asia-Pacific market had a revenue share of 44.6% in 2023. The APAC region has witnessed a rise in growth owing to the rapid expansion of the automotive sector, alongside increased industrial growth and the presence of notable automotive manufacturing companies in countries like Japan, India, and China. The region holds the second-highest growth rate in lubricants after North America. Lubricants are vital in this region, as the common use is for engine oils, greases, and hydraulic fluids. The Europe region was a significant driver of revenue growth in 2023. It is estimated to witness substantial growth over the forecast period. The automotive sector is a significant part of the European economy, and the automotive industry contributes significantly to the global industry. Global Lubricants Market Segmentation and Geographical Insights: Based on Application, the lubricants market is divided into, Industrial, Automotive, Marine, and Aerospace. The overall global industry grew 9.1% in 2023, with the automotive industry, including buses, trucks, and other public transportation vehicles, accounting for 53.4% of the growth. Based on Base Oil, the lubricants market is divided into, Mineral Oil, Synthetic Oil, and Bio-based Oil. Synthetic Oil is estimated to account for the largest market share and has a promising growth rate due to the oil's higher thermal stability, oxidation resistance, and extended drain interval. The Lubricants Market is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Purchase Premium Copy of Global Lubricants Market Size and Growth Report (2024-2030) at: Key Players and Competitive Landscape: The Global Lubricants Market is characterized by the presence of several major players, including: ExxonMobil Corp. Royal Dutch Shell Co. BP PLC. Total Energies Chevron Corp. Fuchs Castrol India Ltd. Amsoil Inc. JX Nippon Oil & Gas Exploration Corp. Philips 66 Company Valvoline LLC PetroChina Company Ltd. China Petrochemical Corp. Idemitsu Kosan Co. Ltd. Lukoil Petrobras Petronas Lubricant International Quaker Chemical Corp. PetroFer Chemie Buhmwoo Chemical Co. Ltd. Zeller Gmelin Gmbh & Co. KG Blaser Swisslube Inc. These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. Global Lubricants Market Recent Developments and Innovations: In December 2024, TotalEnergies SE and Ford Trucks, a major player in the heavy-commercial truck industry in Europe, signed an international agreement to expand their strategic partnership in Europe. This five-year agreement will allow both companies to provide European Ford Trucks fleet managers with products and services of the highest quality and adapted to the needs of vehicles and local markets. In May 2024, ExxonMobil finalized the acquisition of Pioneer Natural Resources Company. The combined company will be an unconventional business with the highest return potential in the Permian Basin. In January 2024, Shell plc acquired MIDEL and MIVOLT from M&I Materials Ltd, based in Manchester, United Kingdom. In September 2023, TotalEnergies Lubrifiants expanded the use of recycled plastics (50% PCR high-density polyethylene) in its lubricant's bottles, in a continuation of a pilot program begun in 2021, Quartz Xtra bottles. This helps the circular economy and is helping reduce the use of virgin plastic. In March 2023, ExxonMobil announced it is investing approximately INR 900 crore (~USD 110 million) to construct a lubricants manufacturing plant in Raigad, Maharashtra, India. Upon commissioning, the plant's annual production capacity will be 159,000 kl of finished lubricants. This plant will serve the needs of mining, construction, power, steel, and manufacturing, among other industries. For Region-Specific Market Data, Check Out Brief Sample Pages: Frequently Asked Questions (FAQs): What is the forecasted market size of the Lubricants Market in 2030?➢ The forecasted market size of the Lubricants Market is USD 180.21 billion in 2030. Who are the leading players in the Lubricants Market?➢ The key players in the Lubricants Market include, ExxonMobil Corp.; Royal Dutch Shell Co.; BP PLC; Total Energies; Chevron Corp.; Fuchs; Castrol India Ltd.; Amsoil Inc.; JX Nippon Oil & Gas Exploration Corp.; Philips 66 Company; Valvoline LLC; PetroChina Company Ltd.; China Petrochemical Corp.; Idemitsu Kosan Co. Ltd.; Lukoil; Petrobras; Petronas Lubricant International; Quaker Chemical Corp.; PetroFer Chemie; Buhmwoo Chemical Co. Ltd.; Zeller Gmelin Gmbh & Co. KG; and Blaser Swisslube Inc. What are the major drivers for the Lubricants Market? ➢ The rapid expansion of the Lubricants Market is driven by the increasing trade of vehicles and spare parts has significantly contributed to the growing demand for automotive oils and greases. Which is the largest region during the forecasted period in the Lubricants Market?➢ The Asian market has solidified its position as a leading force in the global industry, accounting for 44.6% of total revenue share. Which is the largest segment, by application, during the forecasted period in the Lubricants Market?➢ The Automotive segment is leading the application segment with 53.4% revenue shares. Conclusion: The lubricants market is transforming rapidly due to improvements in base oil technologies, increasing demands for high-performance lubricants, and increasing environmental regulations. The shift towards synthetic and biobased lubricants is due to the industries that want to reduce environmental impact and have long-lasting products. Some key sectors include automotive, industrial manufacturing, marine, and aviation, where they are using advanced lubricants for performance optimization under diverse conditions. Growing industrialization in emerging economies along with the increasing adoption of electric vehicles and smart machinery is influencing the demand patterns. The technological advancements in additives and digital monitoring systems are leading to the introduction of a predictive maintenance system and monitoring. Sustainability and reliability are playing a significant role in the global industrial growth and energy efficiency objectives in various applications. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: The report from The Research Insights, therefore, provides several stakeholders— manufacturers, suppliers, distributors, end-users (such as automotive, industrial, and marine sectors), regulatory bodies, and environmental agencies—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 180.21 billion by 2030, the Global Lubricants Market represents a significant opportunity for private label brands, tech startups, niche formulation developers, e-commerce platforms, and sustainability-focused innovators, can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: Biolubricants Market: The Global Biolubricants Market is expected to reach at USD 5.04 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 13.7% during the forecast period. The market is experiencing significant growth due to an increasing availability of high-performance, cost-competitive green base oils that meet government regulatory standards. Mining Lubricants Market: The Global Mining Lubricants Market is expected to reach at USD 8.96 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 3.8% during the forecast period. This upward trend can be attributed to the increasing demand for specialized products that enhance equipment and machinery performance in mining operations. Browse More related reports on Specialty and Chemicals Industry Market Reports – About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Blog: Press Release: Latest News: | Logo: View original content: SOURCE The Research Insights Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-06-2025
- Business
- Yahoo
Caterpillar vs. Volvo: Which Heavy Equipment Stock is the Better Buy Now?
Caterpillar Inc. CAT and Volvo VLVLY are global leaders in the heavy machinery and construction equipment industry, offering a wide range of products including trucks, excavators, and industrial engines. They are key players in infrastructure development and are actively investing in electrification and autonomous technologies to shape the future of construction and transportation. Caterpillar has a market capitalization of $171 billion, while Volvo has a market capitalization of $16.2 billion. With tariff tensions and weak demand weighing on the manufacturing sector at large, the question is which stock you should put your money on. To find out, let us dive into the fundamentals, growth prospects and challenges of both Caterpillar and Volvo. Caterpillar is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company operates through its three primary segments - Construction Industries (machinery in infrastructure and building construction applications), Resource Industries (mining, heavy construction and quarry and aggregates) and Energy & Transportation (which supports oil and gas, power generation, marine, rail and industrial customers). Caterpillar has been witnessing six consecutive quarters of volume declines. This was mainly attributed to weak demand in the Resource Industries and Construction Industries segments, due to subdued customer spending. Caterpillars' revenues declined 3.4% in fiscal 2024 and 9.8% in the first quarter of 2025. Even though earnings had increased 3% in 2024, the same plunged 24% in the first quarter of 2025. The Construction Industries segment has also been impacted by the downturn in China's real estate sector, particularly for 10-ton and larger excavators, which was once a key market for the company. Weak demand in Europe added to revenue pressures. For 2025, weaker results in the Construction Industries and Resource Industries segments are expected to offset the slight improvement in the Energy & Transportation segment. While high labor costs and potential tariffs remain risks, Caterpillar's pricing and cost-control initiatives should help cushion the impacts. CAT has a significant production base in the United States, which will give it a competitive advantage over companies reliant on imports. Looking ahead, Caterpillar stands to benefit from the surge in projects, driven by the United States Infrastructure Investment and Jobs Act. The shift toward clean energy will drive the demand for essential commodities, boosting the need for Caterpillar's mining equipment. Meanwhile, given their efficiency and safety, CAT's autonomous fleet are gaining momentum among miners. As technology companies establish data centers globally to support their generative AI applications, Caterpillar is witnessing robust order levels for reciprocating engines for data centers. The company is planning to double its output with a multi-year capital investment. CAT's efforts to grow its aftermarket parts and service-related revenues, which generate high margins, will also aid growth. Volvo is one of the leading manufacturers of trucks, buses and construction equipment as well as marine and industrial engines. Its subsidiary, Volvo Construction Equipment (Volvo CE), produces a wide range of machinery for the construction, extraction, waste processing and materials handling sectors. It manufactures haulers, wheel loaders, excavators, road construction machines and compact equipment. Since 2024, the demand for construction equipment has weakened across most regions. High interest rates and low confidence in Europe, and cooling demand in North America led Volvo CE to scale back production. In fiscal 2024, Volvo Construction Equipment' net sales decreased 16%. Earnings were also negatively impacted by an unfavorable brand and market mix, and lower volumes. This continued in the first quarter of fiscal 2025, with net sales of construction equipment down 8%. Increased uncertainty surrounding tariffs and their effect on global trade continues to weigh on results. Despite the slowdown, the company continues to push innovation with the rollout of new products. The year 2024 marked Volvo CE's largest product launch to date, with more than 80 new models. This included a modernized range of excavators and an extension of the wide range of electric machines, among them the first electric wheeled excavator. The rollout of Volvo Construction Equipment's new conventional product range continued in the first quarter with the launch of the A50 articulated hauler for the North American market, along with several local launches of the new range of excavators in Asian markets. With the need to expand and upgrade existing infrastructure in many countries across the globe, these investments will position Volvo CE for long-term Construction Equipment recently announced a strategic global investment in crawler excavator production at three key Volvo CE locations to meet growing demand and mitigate supply-chain risks through localized production. Volvo is also advancing autonomy to boost safety and productivity. Volvo Autonomous Solutions recently surpassed 1 million tons of limestone hauled autonomously for a client in Norway, highlighting its leadership in mining automation. The Zacks Consensus Estimate for Caterpillar's 2025 earnings is $18.70 per share, indicating a year-over-year decline of 14.6%. The estimate for 2026 of $21.09 indicates a rise of 12.8%. EPS estimates for both 2025 and 2026 have been trending south over the past 60 days. The Zacks Consensus Estimate for Volvo's fiscal 2025 earnings is $2.24 per share, indicating a year-over-year dip of 4.3%. The 2026 estimate of $2.55 implies growth of 13.7%. Both estimates have been trending south over the past 60 days. Image Source: Zacks Investment Research (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.) Year to date, CAT stock has dipped 0.5%, whereas VLVLY has gained 16.3%. The Volvo stock has also outperformed the Industrial Products Sector and the S&P 500, as shown in the chart below. Image Source: Zacks Investment Research Caterpillar is currently trading at a forward 12-month earnings multiple of 18.26, higher than its five-year median. Volvo stock is trading at a forward 12-month earnings multiple of 11.8X, higher than its five-year median. Both are trading at a discount to the sector average of 19.16X and the S&P 500's 22.02X. Image Source: Zacks Investment Research CAT's return on equity of 53.77% is way higher than VLVLY's 24.36%. CAT also outscores the sector's 20.4% and the S&P 500's 32.01%. This reflects Caterpillar's efficient use of shareholder funds in generating profits. Image Source: Zacks Investment Research Caterpillar and Volvo Construction Equipment are navigating near-term challenges, as evident from the recent results, the earnings estimate revision activity and the expected decline in the current fiscal-year results. However, both are poised well for long-term growth underpinned by global infrastructure needs driven by GDP growth, urbanization, regionalization and e-commerce. Despite a higher valuation, Caterpillar's return on equity is significantly higher and it currently carries a Zacks Rank #3 (Hold). Volvo has a Zacks Rank #4 (Sell) at present. Investors looking for exposure to construction equipment might consider Caterpillar to be the more favorable option at this time. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Caterpillar Inc. (CAT) : Free Stock Analysis Report AB Volvo (VLVLY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mail
01-06-2025
- Health
- Daily Mail
EXCLUSIVE I have one of the 'world's most dangerous ' jobs surrounded by men AND I'm an influencer - I don't care about the sexism
In most jobs a small mistake might result in a slap on the wrist at the very worst. But, there are some careers in which the stakes are far higher and where a minor mishap could have devastating consequences. Leidy Villamil, 30, revealed how a moment of complacency in her field could see her crushed, burned, losing a limb, or even facing a painful demise. As an offshore engineer Ms Villamil's job will often see her working with heavy machinery and high temperatures while stationed thousands of miles from land. She told MailOnline: 'I could maybe be smashed by heavy things or a pipe could slip and my hand could get squashed. 'I could lose a finger or a hand, and at the worst case, there could be a fatality.' Working on an oil rig is one of the most dangerous jobs in the world and has the third highest death rate - with 46 per 100,000 employees losing their lives. 'We have had some cases of injuries and fatalities which have happened when people haven't been aware of themselves while moving loads and have been smashed between loads', Ms Villamil said. As an Offshore engineer Ms Villamil's job will often see her working with heavy machinery and high temperatures while stationed thousands of miles from land 'There have sadly been people who were in the wrong place at the wrong moment and they have ended up being crushed between a container and a wall.' Being in a remote location adds to the 'very high' risk Ms Villamil faces at work as medical attention could be hours away. 'It is dangerous, you have to go in a chopper to a place in the middle of the sea where there is absolutely nothing around,' she said. 'You are working with the source under ground, with high pressure and high temperature, with a volatile fluid. So in terms of danger the risks are very high.' She added how workers must complete specialized training on how to survive terrifying worst case scenarios including a helicopter crash in the water. Ms Villamil became an engineer seven years ago and has worked on rigs in many different countries including the UAE, Namibia, Indonesia, spain and her native Colombia. But, despite being a seasoned professional, there is one perilous part of the job she avoids at all costs. 'In an oil platform, you have something called rotary table which is the place where all the pipes go down into the well. 'This is the most dangerous zone of an oil platform, because you are lifting these things all the time, and you are pretty much under the load. 'You are very exposed. I try to do this as little as I can,' she revealed. Offshore engineers can earn up to £100,000 per year, but Ms Villamil says she doesn't do it for the money but finds the work exciting. However, although she currently enjoys her job, things haven't always been smooth sailing and she revealed one aspect she found 'very challenging' at the beginning. Due to its physically demanding nature the oil and gas industry is heavily male dominated and plagued by sexism. 'It's very common for me to be the only woman among 200 men. There are just a few women in my field,' Ms Villamil said. 'I've experienced sexism many times. I have even had a guy trying to touch me. 'Sometimes men don't take me seriously because I'm smaller, because I try to be kind, because I'm a woman.' Ms Villamil says she used to be affected by sexism but now insists it doesn't bother her. 'At the beginning it was very challenging, but it also helps to develop strength and personality. 'If I can be honest now, I don't mind it at all. I'm perfectly fine with it. I am also a very strong character, so I don't hesitate to use it when I have to.' She also urges other women working offshore to stand up for themselves when experiencing sexism. 'I encourage them not to be afraid to speak up and fight back because we cannot allow this to happen to us', she said. 'We have the same right, the same capacity, the same everything as them (men) but sometimes they just don't catch it.' Ms Villamil says now one of the toughest parts of her job is staying in touch with her partner while she spends months at sea. 'It's really difficult. We make it work somehow, but it's really difficult', she said. 'Internet access in the platform is very challenging. You know, there are some times that we barely can send a WhatsApp message. Not even a voice message.' Ms Villamil's work also often means she is called away during festive seasons and is unable to celebrate special occasions with her family. When this has been the case rig bosses will try and lessen the blow by providing treats and entertainment for the workers. 'For Christmas and New Year's they gave us non alcoholic sparkling wine and non alcoholic beers and we played Bingo,' Ms Villamil said.
