Oil Drilling Stocks To Buy 2017 -

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

: 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. oil drilling stocks to buy 2017

: 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 : BP offers one of the highest dividend

: 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. High-Growth Shale Drillers : Focused almost exclusively on

: 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 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

: 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