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.

Author avatar

Han Tan | Market Analyst

Published on August 1

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.

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.

Get the full story on this Basket. Read our detailed article on its risks and potential.

Read Full Insight

Why Invest with Nemo Money?

Nemo Logo Fade
🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

Discover More Opportunities

Stock Exchange Investing: Could Infrastructure Pay?

Stock Exchange Investing: Could Infrastructure Pay?

This basket focuses on the global companies that own and operate the world's financial infrastructure. It offers a way to invest in the essential 'plumbing' of capital markets, such as the exchanges and data providers that power global investing.

Dow Jones Stocks: What's Next for Blue-Chip Giants?

Dow Jones Stocks: What's Next for Blue-Chip Giants?

Many globally recognized companies, whose products and services are widely used across Nigeria, are part of the Dow Jones Industrial Average. This basket offers exposure to these US-listed blue-chip corporations, many of which have significant operations or supply chains in Africa.

Insider Confidence: What's Next for Stock Moves?

Insider Confidence: What's Next for Stock Moves?

Tesla CEO Elon Musk's recent $1 billion stock purchase has boosted investor confidence, causing the share price to surge. This highlights a potential investment strategy focusing on companies where significant insider buying signals strong leadership conviction in future growth.

Frequently Asked Questions

Everything you need to know about the product and billing.