From 24/7 Wall Street:
One area that has had a rough go for almost a year is the energy sector, both in exploration and production and in oilfield services. In a new research note, RBC sees the second half of the year ramping up with top companies increasing drilling activities. With U.S. land service activity near what the RBC team sees as a bottom, now is the time for opportunistic long-term investors to think about buying.
RBC listed top stocks that were increasing rig counts or had raised capital to fund increased drilling and completion activity. These could be stocks that could have a head-start on any significant sector rally.