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.

: Often called "the Apple of the oil industry," EOG uses big data and proprietary drilling technology to maintain an edge over competitors. Their ability to lower break-even costs makes them a winner even in a lower-price environment. oil drilling stocks to buy 2017

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. As oil stabilized above $50 per barrel in

: 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. The energy sector is entering 2017 with a

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

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.