Helmerich & Payne (HP)

HP will release Q4 earnings on Nov. 17 after market close. Analysts expect EPS of 26 cents, down from 76 cents last year. HP's dividend yield is 3.71%.

Positioning in the oil markets show a potential for a "pain trade" where a squeeze in supply could come about, spiking oil prices much higher

Wall Street analysts are bracing for a complex and dynamic year, characterized by a potent mix of persistent market volatility, uneven yet robust global earnings growth, and a carefully choreographed easing of the Federal Reserve's monetary policy. The overarching sentiment points to a period where investors will need to exercise

Today's economic cycle places a lot of high upside potential in the energy sector, sending waves of bullishness in these 3 names. 

As the United States draws oil inventory by the largest amount since December 2024, there could be bottlenecks sending oil prices higher.

The brokerage said public exploration and production companies' responses to the pullback in crude prices have been more pronounced than initially expected.