: 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.
: 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. oil drilling stocks to buy 2017
: 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. : Often called "the Apple of the oil
: 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. As drilling activity picks up, the demand for
: 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
: 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.