: 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
The Best Oil Drilling & Energy Stocks to Buy in 2017: A Complete Guide
: 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. 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.
For conservative investors, the integrated majors offer massive dividends and diversified operations that can weather price swings. Oilfield Services & Midstream The Best Oil Drilling
: 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.
: A perennial favorite for income seekers, Exxon has increased its dividend for over 33 consecutive years. It remains a cornerstone for any diversified energy portfolio due to its massive global footprint and strong relationship with government regulators. High-Growth Shale Drillers
: BP offers one of the highest dividend yields in the industry, often exceeding 6%. With earnings expected to surge as the industry recovers, it is a top pick for those seeking yield. 2. High-Growth Shale Drillers