The oil and gas industry in the United States supports more than 1.7M jobs. This number is expected to rise to 2.0M by the end of 2020.
3 Stocks to Watch in Oil and Gas Equipment
When is the right time to buy oil and gas stocks? Well, the argument could be made that today may not be the best time ever in the history of the market, but it’s still a pretty good one. With oil and gas prices low thanks to less than stellar demand growth and a surge of supply, stocks in the industry look quite cheap.
But perhaps you’re hesitant to make that oil and gas purchase because you are still skeptical about a recovery. If that’s the case, there are a few stocks worth watching to measure the industry’s pulse. National Oilwell Varco (NYSE: NOV ) , FMC Technologies (NYSE: FTI ) , and Emerge Energy Services (NYSE: EMES ) are three that will help you better undserstand which way the wind is blowing in the oil markets.
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