Baker Hughes, as a significant player in the oil services sector and a major holding in the OIH ETF, is likely to benefit from the Trump administration's energy policy shift towards increased drilling, potentially leading to higher earnings.

Halliburton, as a leading oil services company and a major holding in the OIH ETF, stands to gain from the Trump administration's energy policy favoring increased drilling and fracking, which could enhance its earnings.

The Trump administration's energy policy shift towards increased drilling and fracking is likely to benefit oil services companies, which are heavily represented in the OIH ETF. This could lead to increased earnings and share prices for these companies, positively impacting the ETF. Despite a recent bearish trend, the ETF has shown a bullish trend since March 2020, indicating potential for future gains.

As a leading oil services company and a major holding in the OIH ETF, Schlumberger stands to benefit from increased drilling and fracking activities encouraged by the Trump administration's energy policy, potentially boosting its earnings.