When you’re thinking of investing in oilfield services stocks the first segment that comes to mind is that of drilling companies. Buying stocks of fracking companies and drilling companies pretty much offer a lower risk exposure to the energy sector compared to oil and gas producers. Drilling companies operate a fleet of drilling rigs used to punch holes into conventional reservoirs or tight formations that allow the extraction of oil or natural gas.
Many of Canada’s major drilling companies have a history of growth, both internally and through strategic acquisitions. Every year more than 11,000 wells are drilled and completed … Continue Reading
