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16 handpicked stocks

Powering Production: The Oil Services Surge

Exxon Mobil's recent earnings beat, driven by higher production volumes in a low-price environment, highlights a key industry strategy. This creates an investment opportunity in companies that provide essential equipment and services for oil and gas exploration and production.

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Author avatar

Han Tan | Market Analyst

Updated 1 day ago | Published at Aug 1

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

SLB

Schlumberger Limited

SLB

Current price

$33.05

Leading oilfield services company providing technology and equipment for energy exploration and production.

HAL

Halliburton Company

HAL

Current price

$21.60

Major provider of drilling services and completion technologies for oil and gas operations worldwide.

BKR

Baker Hughes Company

BKR

Current price

$43.51

Global energy technology company offering solutions for oil and gas exploration and production.

About This Group of Stocks

1

Our Expert Thinking

Exxon Mobil's recent earnings beat through increased production volumes, rather than high prices, signals a strategic shift across the energy sector. This volume-focused approach by major producers creates compelling opportunities for companies that provide essential equipment and services for oil and gas operations.

2

What You Need to Know

This group focuses on the oil services value chain - companies that provide drilling equipment, exploration technology, and production services. These businesses benefit when energy giants ramp up operational activities, regardless of short-term commodity price fluctuations.

3

Why These Stocks

These companies were handpicked by professional analysts based on their strategic positioning in the oil services sector. They're positioned to see increased demand as energy producers focus on volume-driven strategies to maintain profitability in various market conditions.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+54.54%

Group Performance Snapshot

54.54%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 54.54% over the next year.

13 of 16

Stocks Rated Buy by Analysts

13 of 16 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

Production Volume Momentum

Major energy companies are ramping up production volumes to maintain profitability, creating increased demand for drilling equipment and oilfield services. This operational shift could drive significant business for these specialized companies.

🔧

Essential Infrastructure Play

These companies provide the critical equipment and services that make oil and gas production possible. As energy giants focus on volume-driven strategies, these firms become increasingly valuable partners in the production process.

📈

Cyclical Opportunity Emerging

The oil services sector appears to be strengthening regardless of short-term commodity price fluctuations. This creates a tactical investment opportunity as demand for specialized services and equipment continues to grow.

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