Oil Drilling Stocks To Buy 2017 -

As oil stabilized above $50 per barrel in early 2017, independent exploration and production (E&P) companies focused on the Permian Basin are expected to lead the way in growth.

: 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. oil drilling stocks to buy 2017

: 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. As oil stabilized above $50 per barrel in

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" : As the world's largest oilfield services company,

For conservative investors, the integrated majors offer massive dividends and diversified operations that can weather price swings.

: 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