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Make the Most of High Oil Prices With FTI, WFRD & NBR Shares
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Key Takeaways
Nabors Industries is poised to benefit as high oil prices drive drilling demand for high-spec rigs.
FTI ended 2025 with a $16.6B backlog, signalling strong growth amid favorable oil prices.
WFRD helps upstream firms run efficiently and is set to generate strong cash flows in this environment.
Oil has already taken the top spot in the stock market, as the world watches high commodity prices and their deterring effect on economies. In the meantime, investors willing to capitalize on the business environment could keep a close watch on leading energy names like TechnipFMC plc (FTI - Free Report) , Weatherford International plc (WFRD - Free Report) and Nabors Industries Ltd. (NBR - Free Report) .
Oil Price to Remain High
The price of West Texas Intermediate (WTI) crude is trading at more than $90 per barrel, according to data from oilprice.com, owing to the ongoing war in the Middle East. Also, in its latest short-term energy outlook, the U.S. Energy Information Administration mentioned its expectation for the WTI oil price this year at $73.61 per barrel, higher than $65.40 last year.
Thus, the present crude pricing environment is highly favorable for exploration and production activities. This will increase the demand for drilling rigs and oil field services.
3 Stocks in the Spotlight: FTI, WFRD & NBR
TechnipFMC
With oil prices back to their glory days, TechnipFMC is gaining. This is because FTI is well-known for providing equipment and services to upstream companies. The company ended 2025 with a total backlog of $16.6 billion, a significant improvement over the prior year. Thus, with a strong backlog and a favorable commodity pricing environment, FTI, sporting a Zacks Rank #1 at present, is well-positioned to benefit.
Weatherford International
Like FTI, Weatherford International will capitalize on healthy oil prices. This is because WFRD aided upstream players to run their operations more smoothly and efficiently in a cost-efficient manner. Thus, the company, flaunting a Zacks Rank of 1, will continue to generate handsome cash flows for shareholders since oil prices are lucrative.
Nabors Industries
Nabors Industries is also well-positioned to benefit from rising oil prices because NBR offers high-specification rigs and is mainly known for providing rig technologies and drilling solutions. With high oil prices, there will probably be a surge in upstream operations, which, in turn, will lead to increased drilling operations, thereby aiding the bottom line of NBR, currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Make the Most of High Oil Prices With FTI, WFRD & NBR Shares
Key Takeaways
Oil has already taken the top spot in the stock market, as the world watches high commodity prices and their deterring effect on economies. In the meantime, investors willing to capitalize on the business environment could keep a close watch on leading energy names like TechnipFMC plc (FTI - Free Report) , Weatherford International plc (WFRD - Free Report) and Nabors Industries Ltd. (NBR - Free Report) .
Oil Price to Remain High
The price of West Texas Intermediate (WTI) crude is trading at more than $90 per barrel, according to data from oilprice.com, owing to the ongoing war in the Middle East. Also, in its latest short-term energy outlook, the U.S. Energy Information Administration mentioned its expectation for the WTI oil price this year at $73.61 per barrel, higher than $65.40 last year.
Thus, the present crude pricing environment is highly favorable for exploration and production activities. This will increase the demand for drilling rigs and oil field services.
3 Stocks in the Spotlight: FTI, WFRD & NBR
TechnipFMC
With oil prices back to their glory days, TechnipFMC is gaining. This is because FTI is well-known for providing equipment and services to upstream companies. The company ended 2025 with a total backlog of $16.6 billion, a significant improvement over the prior year. Thus, with a strong backlog and a favorable commodity pricing environment, FTI, sporting a Zacks Rank #1 at present, is well-positioned to benefit.
Weatherford International
Like FTI, Weatherford International will capitalize on healthy oil prices. This is because WFRD aided upstream players to run their operations more smoothly and efficiently in a cost-efficient manner. Thus, the company, flaunting a Zacks Rank of 1, will continue to generate handsome cash flows for shareholders since oil prices are lucrative.
Nabors Industries
Nabors Industries is also well-positioned to benefit from rising oil prices because NBR offers high-specification rigs and is mainly known for providing rig technologies and drilling solutions. With high oil prices, there will probably be a surge in upstream operations, which, in turn, will lead to increased drilling operations, thereby aiding the bottom line of NBR, currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.