Go to the list of all blogs
Niko Sharks's Avatar
published in Blogs
Aug 05, 2023

Onshore Oil Sector Stocks Gain +19.27 in the last month $PDS, $PTEN, $FANG & More

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.

Swing Trader, Long Only: Valuation & Seasonality Model (TA&FA) Annualized Return + 48%

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.

Related Ticker: PDS, FANG, PTEN, PXD, CNQ

PDS in downward trend: 10-day moving average moved below 50-day moving average on June 18, 2026

The 10-day moving average for PDS crossed bearishly below the 50-day moving average on June 18, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

PDS moved below its 50-day moving average on June 15, 2026 date and that indicates a change from an upward trend to a downward trend.

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 July 13, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where PDS's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 09, 2026. You may want to consider a long position or call options on PDS as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for PDS just turned positive on July 09, 2026. Looking at past instances where PDS's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PDS advanced for three days, in of 312 cases, the price rose further within 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.

Fundamental Analysis (Ratings)

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 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 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 74, placing this stock slightly better than average.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued 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 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued 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 (0.950) is normal, around the industry mean (1.349). PDS's P/E Ratio (989.895) is considerably higher than the industry average of (151.144). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.755). PDS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.029). P/S Ratio (0.833) is also within normal values, averaging (39.632).

Notable companies

The most notable companies in this group are Transocean Ltd (NYSE:RIG), Valaris Limited (NYSE:VAL).

Industry description

The contract drilling industry includes companies that provide onshore and offshore drilling services to the energy sector. Services are delivered on a contractual or per-fee basis. Customers of this industry include major and independent oil and gas companies. Strong oil demand could potentially boost contract fees. Helmerich & Payne, Inc., Transocean Ltd and Patterson-UTI Energy, Inc. are among the major drilling companies in the U.S.

Market Cap

The average market capitalization across the Contract Drilling Industry is 3.19B. The market cap for tickers in the group ranges from 21.2K to 6.62B. NE holds the highest valuation in this group at 6.62B. The lowest valued company is EXLA at 21.2K.

High and low price notable news

The average weekly price growth across all stocks in the Contract Drilling Industry was 3%. For the same Industry, the average monthly price growth was -9%, and the average quarterly price growth was 15%. SOC experienced the highest price growth at 11%, while BORR experienced the biggest fall at -4%.

Volume

The average weekly volume growth across all stocks in the Contract Drilling Industry was -12%. For the same stocks of the Industry, the average monthly volume growth was 14% and the average quarterly volume growth was 29%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 60
P/E Growth Rating: 38
Price Growth Rating: 49
SMR Rating: 79
Profit Risk Rating: 74
Seasonality Score: -10 (-100 ... +100)
View a ticker or compare two or three
PDS
Daily Signal:
Gain/Loss:
Interact to see
Advertisement
A.I.Advisor
published price charts
Last 5 trading days
A.I. Advisor
published General Information

General Information

a provider of onshore drilling, completion and production services to exploration and production companies in the oil and natural gas industry

Industry ContractDrilling

Profile
Details
Industry
Contract Drilling
Address
525 - 8th Avenue SW
Phone
+1 403 716-4500
Employees
5000
Web
https://www.precisiondrilling.com
Interact to see
Advertisement
TSM’s upcoming earnings carry outsized importance for the semiconductor industry. As the world’s leading contract chip manufacturer, TSMC underpins AI innovation for customers such as Nvidia and Apple. Its results often serve as a bellwether for global chip demand, capacity constraints, and pricing trends.
Goldman Sachs (GS) is expected to report Q4 2025 EPS of $11.65 on revenue of $13.85 billion, reflecting steady results as investment banking activity continues to recover.
Citigroup (C) is expected to report Q4 2025 EPS of $1.58, representing a 17.9% year-over-year increase, with revenue projected at $20.95 billion, up 7%. Bank of America (BAC) consensus estimates call for Q4 EPS of $0.96, up from $0.82, on revenue of $27.74 billion, reflecting 9.45% growth. JPMorgan Chase (JPM) is forecast to deliver Q4 EPS of $4.86, a modest 0.95% increase, with revenue expected to rise 8.13% to $46.25 billion.
Wells Fargo (WFC) is expected to report Q4 2025 earnings on January 14, 2026, with consensus calling for EPS of $1.66, up 16.9% year over year, and revenue of approximately $21.66 billion, a 6.3% increase. Investor focus will center on net interest income stabilization, growth in fee-based businesses such as investment banking and mortgages, and credit provisioning in a lower-rate environment.
Wall Street expects Infosys Q3 FY2026 EPS of $0.20, based on estimates from eight analysts, with revenue forecast at ₹452.37 billion (approximately $5.45 billion), compiled from 33 analysts.
BitMine Immersion Technologies (BMNR) is set to report Q1 FY2026 earnings on January 16, 2026, with consensus estimates calling for EPS of $0.15 and revenue of approximately $79.3 million.
Bank of America (BAC) and Wells Fargo (WFC) will both report Q4 2025 earnings on January 14, 2026, creating a rare same-day, apples-to-apples comparison.
Citigroup (C) is set to report Q4 2025 earnings on January 14, 2026, making it the immediate catalyst in this comparison. HSBC Holdings (HSBC) will release its Full-Year 2025 results on February 25, 2026, positioning it as a medium-term earnings event.
Wells Fargo’s quarterly results carry broader significance because the bank serves as a key indicator of U.S. consumer and commercial banking conditions. Its earnings often influence sentiment toward the entire large-cap banking sector. After a stretch of improved market conditions and stronger capital markets activity, investors are looking for confirmation that profit momentum is sustainable rather than driven by a single favorable quarter.
Infosys (INFY) will report Q3 FY2026 results on January 14, 2026, making it the immediate catalyst in this comparison. Accenture (ACN) last reported Q1 FY2026 earnings on December 18, 2025, with its next update scheduled later in the fiscal quarter.
BMNR reported fiscal Q4 and full-year FY2025 results (ending August 31, 2025), with profitability heavily influenced by digital-asset accounting and treasury positioning. Full-year diluted EPS: $13.39; Net income attributable to common stockholders: $328.161 million.
M&T Bank (MTB) is expected to deliver Q4 2025 EPS of $4.44–$4.46, representing roughly 13% year-over-year growth, driven by improving net interest income as funding costs decline. PNC Financial Services Group (PNC) is projected to post Q4 EPS of $4.19–$4.23, supported by about 1.5% sequential NII growth from rate relief and steady loan demand. U.S. Bancorp (USB) is forecast to earn $1.19 per share, an 11.2% annual increase, with revenues estimated at $7.33 billion, up 5%.
Dash (DASH.X) has ignited the crypto market with a powerful mid-January 2026 breakout, rallying more than 125% in a single week and decisively outperforming fellow privacy coins such as Monero and Zcash. The surge was fueled by a sharp short squeeze that wiped out nearly $4.9 million in bearish positions, alongside a major catalyst: Dash’s integration with Alchemy Pay, enabling direct fiat purchases across 173 countries.
As 2026 gets underway, ether.fi’s governance token (ETHFI.X) is emerging as a focal point for traders seeking exposure to Ethereum’s rapidly expanding liquid restaking ecosystem. With total value locked climbing to $7.8 billion, ether.fi now ranks as the second-largest staking protocol after Lido, underscoring its growing influence in the Ethereum economy.
The Schwab U.S. Small-Cap ETF (SCHA) is holding firm near the $28 level as 2026 begins, even as broader markets remain volatile. While short-term price action has been uneven, underlying signals suggest the ETF may be setting up for a meaningful breakout as interest-rate cuts revive small-cap equities. Technical models highlight an unusually favorable risk-reward profile—up to 22:1—with long-term momentum strengthening despite near-term consolidation.
The Vanguard Small-Cap Value ETF (VB) is quietly standing out in what has been a turbulent start to 2026. While many small-cap segments have struggled, VB has shown notable resilience, including a 3.2% jump on January 14, driven by renewed buying interest in undervalued industrial and financial stocks. This divergence from broader small-cap weakness suggests early signs of mean reversion, particularly as incoming economic data points toward eventual interest-rate relief.
The Vanguard Russell 2000 ETF (VTWO) has entered 2026 with renewed technical strength, breaking through several key indicators that suggest a potential trend reversal. On January 2, 2026, VTWO’s Momentum Indicator moved decisively above zero, a signal often associated with the early stages of bullish cycles. This followed an earlier technical milestone in December 2025, when the 10-day moving average crossed above the 50-day, drawing attention from momentum and swing traders alike.
CAOS, the trading ticker for IRIS Energy Limited, is emerging as a standout performer in early 2026 as two powerful trends converge: Bitcoin’s renewed surge and explosive demand for AI-ready data infrastructure. As Bitcoin pushes higher and investors hunt for leveraged exposure to both crypto and artificial intelligence, CAOS has attracted increasing attention from retail and quantitative traders alike.
In a surprising development that has caught the attention of both retail traders and institutional quantitative desks, Rubicon Technology Inc. (NASDAQ: RBC) has surfaced as one of early 2026’s more compelling AI-driven momentum candidates. After a relatively quiet close to 2025, the Illinois-based materials company—long associated with synthetic sapphire technology—has begun to display unexpected price strength, triggering alerts across algorithmic trading platforms.
In January 2026, Dell Technologies (DELL) experienced a sharp pullback, sliding nearly 9% as investor concerns mounted over escalating memory costs. Shortages and price increases in DRAM and NAND have squeezed margins across Dell’s server and PC businesses. The pressure was amplified after management acknowledged at CES 2026 that AI-focused PC marketing underperformed expectations and that component constraints were “unprecedented.”