One of the sectors forecast to grow most in the next few years is oil field services. These are the companies that drill and maintain oil and gas wells.
These companies usually start to make money about 2 years after oil prices rise. Well, here we are. 2 years after the last oil price collapse, and the service companies are starting to make bank.
Does anyone have any insight on the sector? HAL is probably the best known tickers, but a lot of smaller names. LBRT seems very cheap and is buying back 20% of the company. Also, they're investing in geo-thermal drilling. RES seems like a well run company supplying equipment to these companies.
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