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 +6.02% Uptrend, rising for three consecutive days on June 04, 2026

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 310 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

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 June 04, 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 .

Bearish Trend Analysis

The 10-day RSI Indicator for PDS moved out of overbought territory on April 30, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on June 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on PDS as a result. In of 87 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

PDS moved below its 50-day moving average on June 05, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for PDS crossed bearishly below the 50-day moving average on June 02, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 .

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 .

PDS broke above its upper Bollinger Band on May 19, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put 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 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 63, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. PDS’s price grows at a lower 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 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 (1.033) is normal, around the industry mean (1.741). PDS's P/E Ratio (989.895) is considerably higher than the industry average of (152.243). 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 (0.026). P/S Ratio (0.907) is also within normal values, averaging (112.415).

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 3.72B. The market cap for tickers in the group ranges from 21.2K to 7.24B. NE holds the highest valuation in this group at 7.24B. 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 -6%, and the average quarterly price growth was 51%. PDS experienced the highest price growth at 4%, while SOC experienced the biggest fall at -16%.

Volume

The average weekly volume growth across all stocks in the Contract Drilling Industry was -10%. For the same stocks of the Industry, the average monthly volume growth was -30% and the average quarterly volume growth was 13%

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: 36
Price Growth Rating: 40
SMR Rating: 78
Profit Risk Rating: 63
Seasonality Score: -14 (-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
Oracle Corporation (ORCL) has shown resilience in a volatile tech sector, maintaining a market capitalization around $590 billion amid broader market fluctuations. The stock trades within its 52-week range, reflecting investor responses to cloud computing demand and competitive pressures. Recent trading sessions have seen downward momentum, influenced by sector-wide reevaluations of AI investments and macroeconomic uncertainties. Despite this, ORCL's forward price-to-earnings ratio and dividend yield position it as a stable player in enterprise software, with focus on its multicloud strategy and partnerships driving long-term value in the latest market cycle.
NuScale Power (SMR) has experienced notable volatility in recent trading sessions, reflecting broader trends in the nuclear energy sector. The stock has traded within a wide range over the latest market cycle, influenced by shifts in investor sentiment toward small modular reactors amid rising energy needs from data centers and AI applications. While the company maintains a market capitalization in the mid-single-digit billions, its price action has been marked by pullbacks from earlier peaks, with momentum indicators suggesting potential stabilization. Broader industry factors, including regulatory support and partnerships, continue to underpin interest, though operational challenges persist. This positions SMR as a high-beta play in the clean energy space, appealing to growth-oriented investors monitoring sector developments.
Monolithic Power Systems (MPWR) has demonstrated robust performance in recent trading sessions, buoyed by its position in the semiconductor industry amid rising demand for power management solutions in AI and data centers. The stock has maintained upward momentum over the latest market cycle, reflecting broader sector trends where technology firms benefit from enterprise investments. With a market capitalization in the mid-$40 billion range and a forward price-to-earnings ratio indicating growth expectations, MPWR continues to attract investor interest. Recent weeks have seen the shares navigate volatility tied to macroeconomic factors, yet overall sentiment remains positive as the company leverages its fabless model to capitalize on efficiency-driven innovations in computing and automotive applications.
Quanta Services (PWR), a leader in infrastructure solutions for electric power, renewables, and communications, has demonstrated resilient performance in recent trading sessions. The stock has maintained upward momentum amid broader market cycles favoring energy and infrastructure sectors, driven by increasing demand for grid modernization and sustainable projects. Trading near its 52-week highs, PWR reflects positive investor sentiment, with a market capitalization exceeding $68 billion and a trailing P/E ratio around 68. Volatility has been moderate, influenced by sector-wide catalysts, positioning the company as a growth-oriented pick in the industrial space. This stock analysis highlights PWR's ability to capitalize on long-term trends in energy transition.
Teradyne (TER), a leader in automated test equipment and industrial robotics, has demonstrated resilient performance amid a favorable semiconductor market cycle. In recent weeks, the stock has maintained upward traction, outperforming broader indices like the Nasdaq, supported by AI-driven demand for chip testing solutions.
Curtiss-Wright Corporation (CW) has demonstrated resilience in recent trading sessions, navigating a period of moderate volatility within the aerospace and defense sector. The stock has shown upward momentum over the latest market cycle, supported by strong demand in commercial and military applications.
CrowdStrike Holdings (CRWD) has shown resilience in the cybersecurity sector amid broader market cycles, with shares experiencing moderate pullbacks in recent weeks following strong year-to-date gains. The stock trades near its upper range, reflecting investor optimism in AI-driven security innovations and platform adoption.
Arista Networks (ANET) has demonstrated resilience in recent trading sessions amid fluctuating tech market conditions. The stock has navigated broader sector headwinds, including competition in cloud networking and varying demand from hyperscale clients.
Galaxy Digital Holdings Ltd. (GLXY), a leading player in digital assets and blockchain investment, has shown resilience in recent trading sessions amid cryptocurrency market dynamics. The stock has navigated volatility driven by Bitcoin's price fluctuations, reflecting broader sector sentiment.
In the ever-shifting healthcare sector, CVS Health (CVS) and UnitedHealth Group (UNH) represent two powerhouse approaches: CVS as a retail pharmacy giant with integrated insurance and services, and UNH as a leading health insurer with diversified operations.
In the competitive retail landscape, American Eagle Outfitters (NYSE: AEO) is showing signs of robust upward potential as it navigates a strong 2025 performance.
In the dynamic world of satellite communications and broadband services, EchoStar Corporation (NASDAQ: SATS) has captured investor attention with a notable technical breakthrough. On December 8, 2025, the stock's 10-day moving average crossed above its 50-day moving average, signaling the onset of a bullish upward trend.
In an era where global investors demand instant access to markets, major players in the financial world are racing to extend trading hours beyond the traditional 9:30 a.m. to 4 p.m. ET window. This push is driven by surging foreign holdings of U.S. equities, which hit $17 trillion last year, and the growing appetite for nonstop trading in a 24/7 digital economy.
In the resilient gold mining sector, IAMGOLD Corporation (NYSE: IAG) has demonstrated an extraordinary uptrend throughout 2025, capitalizing on rising gold prices and operational milestones.
Within the rapidly evolving automotive retail landscape, Carvana Co. (NYSE: CVNA) has emerged as one of 2025’s standout performers. Once viewed as a highly volatile name, the company has transformed into a market leader as demand for online vehicle purchasing accelerates
Microsoft (MSFT) emerges as the AI-favored stock in 2025, outperforming Apple (AAPL) with a 16% year-to-date gain, compared to Apple’s 10% rise. The advantage stems from Microsoft’s deeper enterprise AI integration, accelerating cloud growth, and scalable software ecosystem.
ExxonMobil (XOM) emerges as the AI-preferred energy stock in 2025, posting a 10% year-to-date gain compared with Chevron’s (CVX) 2% increase. Stronger upstream production, exposure to high-growth assets, and expanding low-carbon initiatives support XOM’s momentum. Tickeron’s AI models signal continued upside for XOM, while CVX shows signs of overbought conditions and elevated downside risk.
Tesla (TSLA) emerges as the AI-preferred EV stock in 2025, posting a 19% year-to-date gain, while BYD (BYDDY) has declined 82%, reflecting diverging momentum across the global EV market. Tickeron’s AI trading bots indicate strong bullish conditions for TSLA, supported by positive momentum signals, whereas BYDDY shows sustained bearish trends.
Broadcom (AVGO) emerges as the AI-preferred semiconductor stock in 2025, posting a 48% year-to-date gain, compared with 37% for NVIDIA (NVDA), supported by stronger diversification across networking, infrastructure, and custom AI chips.
Onshore Oil Sector Stocks Gain +19.27 in the last month $PDS, $PTEN, $FANG & More