Oil Drilling Stocks To Buy 2017 Page

: 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

: Focused almost exclusively on the prolific Permian Basin, Diamondback is one of the fastest-growing producers in the sector. Recent acquisitions have set them up for triple-digit production increases in the coming years. 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. Oilfield Services & Midstream : Focused almost exclusively

The Best Oil Drilling & Energy Stocks to Buy in 2017: A Complete Guide The Best Oil Drilling & Energy Stocks to

: Many analysts favor Chevron over its peers because it is more highly leveraged to rising crude prices. The company reached a critical milestone in late 2016: at $52 per barrel, its operations are now cash-flow positive, meaning it can fund its dividend and growth entirely from its own pockets.

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

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.