: Focused heavily on the Permian Basin, with projected production growth of 15-17% for the year.
Service companies provide the actual fracking equipment and technology, while midstream companies handle the transportation through pipelines.
: Known as one of the fastest-growing producers in the Permian, it achieved a 23% return in 2017. fracking stocks to buy 2017
: A midstream giant with extensive natural gas and NGL pipelines, it was a top pick for those seeking income via dividends.
: Recognized for its use of "big data" in drilling and low-cost growth, it was a top recommendation for investors looking for efficiency. : Focused heavily on the Permian Basin, with
In 2017, the fracking sector was defined by a recovery in oil prices and a surge in U.S. shale investment, which grew by 50% that year. While broad energy indices sometimes struggled, specific sub-sectors like independent producers and refining outperformed.
: The undisputed leader in fracking services by size and technological history. Analysts favored it for its potential to benefit from increased drilling activity. : A midstream giant with extensive natural gas
: The world’s largest oilfield services company, noted for its diverse international portfolio and pressure pumping segment.