Deutsche Bank picks seven top oil services stocks for 2014

Oil services analysts at Deutsche Bank are very positive on the sector for next year, despite pervasive fears of weakening U.S. oil prices.

Baker Hughes (BHI), Halliburton (HAL), Hercules Offshore (HERO) and Nabors Industries (NBR) are the firm's highest conviction choices and include price targets much higher than consensus; NBR's $27 target is the highest on Wall Street and would represent a 60% gain from current levels.

The firm also sees strong upside potential in Patterson-UTI Energy (PTEN), Pioneer Energy Services (PES) and Schlumberger (SLB).

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Comments (3)
  • Fabio22
    , contributor
    Comments (21) | Send Message
    My money will be going on Schlumberger as their size and strength to drive premium prices and performance is unsurpassed in the industry - they are already outperforming
    31 Dec 2013, 04:40 PM Reply Like
  • vkarai
    , contributor
    Comments (2) | Send Message
    Are there any ETFs that SLB, HAL, and NBR are part of ?
    2 Jan 2014, 01:04 AM Reply Like
  • lalex
    , contributor
    Comments (77) | Send Message
    2 Jan 2014, 05:18 AM Reply Like
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