Published on 9 Dec 2021 on Zacks via Yahoo Finance
3 Oil & Gas Equipment Stocks to Buy Despite Challenging Industry
The rapidly spreading new variants of coronavirus have induced fresh concerns that renewed lockdown can dent global fuel demand. This has clouded the Zacks Oil and Gas- Mechanical and Equipment industry’s outlook since the companies in the industry generate cashflow by providing equipment and services to energy companies across the globe.However, with coronavirus vaccines being rolled out at a massive scale and with initial investigations revealing that the latest variant of the virus will not be as deadly as the earlier one, the overall business scenario will possibly improve gradually. Among the frontrunners in the industry that are trying to survive the challenging business scenario are NOW Inc. DNOW, Exterran Corporation EXTN and Superior Drilling Products, Inc. SDPI.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NOW Inc. (DNOW) : Free Stock Analysis Report Superior Drilling Products, Inc. (SDPI) : Free Stock Analysis Report Exterran Corporation (EXTN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research