3 Top Oil Stocks to Buy Right Now
The oil market continues to be more volatile than most expected it to be this year, with crude recently fetching less than $50 a barrel because of persistently robust supplies. That weaker oil price has weighed on oil stocks and could continue to do so for quite some time. That said, it has also produced the opportunity for investors to pick up some excellent oil stocks at bargain prices as they await the eventual rebound.
Three top oil stocks that caught our eye as being too good to pass up are U.S. Silica Holdings (NYSE: SLCA), Pioneer Natural Resources (NYSE: PXD), and ENSCO (NYSE: ESV). Here's why our investors think they're great buys right now.
Source: Fool.com
Pioneer Natural Resources Stock
With 5 Buy predictions and 4 Sell predictions the community is currently undecided on Pioneer Natural Resources.
On the other hand, the target price of 231 € is below the current price of 251.7 € for Pioneer Natural Resources, so the potential is actually -8.22%.