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Have Six Months? Consider These Three Top Oilfield Services Stocks

July 22, 2023
in Trade Tube
Reading Time: 1 min read
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The energy sector continues to challenge investors with oil prices that remain volatile since their dive last year that halved their value. Yet, Global Hunter Securities just released its list of top six stock picks in oilfield services. It warns that only investors with a six-month horizon should start adding to their positions, and only on the next correction in the shares of oilfield services providers, which the firm thinks may already be underway. Superior Energy Services makes the list, as Global Hunter believes it will likely pick up forced divestitures from the Schlumberger-Baker Hughes tie-up with its $400 million in cash and strong balance sheet, according to The Deal’s Claire Poole.

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