Baker Hughes has outperformed its industry peers over the past year, and analysts are highly optimistic about the stock’s prospects.
Tom Lee of Fundstrat Global Advisors thinks the small-cap Russell 2000 could climb 50% by the end of 2024.
Here are five top energy ETFs investors can consider buying in 2024 to benefit from higher oil prices.
Small and mid-cap energy equipment specialists Weatherford, Archrock & TechnipFMC have strong charts and are expected to grow earnings at triple-digit rates.
Oilfield services and equipment makers outperform explorers and producers as the energy sector faces challenges, including declining oil prices and rig counts.
As the wider energy sector rebounds, mid-caps Weatherford and Tidewater are expected to grow 2023 earnings at triple or quadruple-digit rates.
Halliburton Co.(NYSE: HAL) is one of the world’s largest oilfield services companies offering various service solutions addressing the oilfield lifecycle.
While top oil-and-gas giants get the lion’s share of attention, mid-caps NOV, Weatherford, and HighPeak are on track to grow earnings at triple-digit rates.
/PRNewswire/ -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") announces entering into a strategic agreement with Kwantis, a...