Onshore oil sector refers to services related to onshore oil exploration. This theme includes developing onshore oil and associated liquids, drilling, pressure pumping, and onshore seismic data acquisition. Key players in this segment are Bonanza Creek Energy Inc., Dawson Geophysical Company, and Patterson-UTI Energy Inc.
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Notable Companies
Tickers in theme Onshore Oil -- $PDS $CNQ $PTEN $PXD $FANG
Some of the most significant companies in this sector are Canadian Natural Resources Limited (NYSE:CNQ), Pioneer Natural Resource Co (NYSE:PXD), Diamondback Energy (NASDAQ:FANG). They represent a wide-ranging market cap and influence in the onshore oil market.
Market Cap
The average market capitalization across the onshore oil theme is $30.1B. Market caps range from $902M to $65.8B, with CNQ holding the highest valuation in this group at $65.8B, and PDS being the lowest at $902M.
High and Low Price Notable News
The onshore oil sector has seen fluctuations in price growth. The average weekly price growth across all stocks in the group was 2.6%. On a monthly basis, the growth was 17.9%, while the quarterly growth settled at 2.32%. Pioneer Natural Resource (PXD, $218.03) emerged as the top weekly gainer on 7/25/23, with a 5.33% jump, followed by other remarkable weekly gains like CNQ and FANG with jumps of 8.4% and 6.82% respectively.
Volume
Trading volume has been dynamic within the onshore oil sector. The average weekly volume growth across all stocks was 0.5%, while the monthly volume growth exploded to 223.09%. The quarterly growth was more modest at 14.48%.
Fundamental Analysis Ratings
Though specific figures are not provided, the average fundamental analysis ratings were used to evaluate these stocks, where 1 is the best and 100 is the worst. These ratings offer insights into the financial stability, growth prospects, and operational efficiency of the companies within the sector.
The onshore oil sector demonstrated robust performance over the last month, with an average gain of 19.27%. This growth is a composite reflection of price movements, volume dynamics, and the inherent strength of key players in the segment. While the data underscores some volatility on a weekly basis, the monthly growth figures signal strong investor interest and market confidence in the onshore oil industry. In an ever-changing energy landscape, onshore oil's resurgence adds a compelling dimension to the broader energy market. Investors, policymakers, and industry stakeholders will likely keep a close eye on this sector as it continues to evolve and adapt to global energy demands.
Pioneer Natural Resources (PXD)
Pioneer Natural Resources (PXD) saw its Momentum Indicator move above 0 on July 18, 2023, signaling a potential upward trend. Tickeron's A.I.dvisor analysis shows that in 73 of 93 similar cases, the stock rose in the following days, putting the odds of a move higher at 78%. Traders may consider buying the stock or call options to capitalize on this trend.
Canadian Natural Resources (CNQ)
Canadian Natural Resources (CNQ) is in a +0.81% uptrend, growing for three consecutive days as of August 01, 2023. Historically, in 229 of 318 similar cases, CNQ's price rose further within a month, suggesting a 72% chance of a continued upward trend. This bullish sign indicates that investors should keep an eye on this stock for future growth.
Precision Drilling Corporation (PDS)
Precision Drilling Corporation (PDS) has seen a +2.52% uptrend, growing for three consecutive days as of August 03, 2023. In 243 out of 286 similar three-day advancements, the price rose further within the next month, indicating an 85% likelihood of a continued upward trend. This bullish pattern suggests that investors should monitor PDS for potential future growth.
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PDS advanced for three days, in of 304 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PDS's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 55 cases where PDS's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PDS just turned positive on May 09, 2025. Looking at past instances where PDS's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .
PDS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Momentum Indicator moved below the 0 level on May 02, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PDS as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PDS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for PDS entered a downward trend on April 11, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.841) is normal, around the industry mean (5.882). P/E Ratio (4.685) is within average values for comparable stocks, (24.727). PDS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.206). PDS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.037). P/S Ratio (0.722) is also within normal values, averaging (1.149).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PDS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of onshore drilling, completion and production services to exploration and production companies in the oil and natural gas industry
Industry ContractDrilling