Stocks To Buy 2017 - Oil Drilling
: Another Permian powerhouse, Pioneer is forecasting production growth of 15%–17% in 2017. Their strategy involves selling off lower-performing assets to focus on high-yield "core" acreage. 3. Oilfield Services & Midstream
: A leader in rig equipment, NOV is a "recovery play" for investors who believe the global drilling fleet will need massive upgrades after years of underinvestment. 4. Speculative Picks for High Upside Top Oil Stocks to Buy in 2017 | The Motley Fool
: This midstream operator manages pipelines and storage. As drilling activity picks up, the demand for transporting that oil increases. Magellan currently offers a high dividend yield of over 4% and maintains strong operating margins. oil drilling stocks to buy 2017
You don't always have to bet on the price of oil itself; sometimes the best move is to bet on the companies that provide the tools and transportation.
: Often called "the Apple of the oil industry," EOG uses big data and proprietary drilling technology to maintain an edge over competitors. Their ability to lower break-even costs makes them a winner even in a lower-price environment. Oilfield Services & Midstream : A leader in
: As the world's largest oilfield services company, Schlumberger is the first to benefit when drillers start spending again. Following their merger with Cameron International, they are positioned to dominate the service market in 2017.
The energy sector is entering 2017 with a renewed sense of optimism. After a turbulent 2016, a combination of OPEC production cuts and increasing global demand has set the stage for what could be a major comeback year for oil and gas. As drilling activity picks up, the demand for
For investors, the key is identifying which companies have the operational efficiency and asset quality to thrive even if prices remain volatile. 1. The Large-Cap "Safe Havens"
