In 2017, the fracking sector was defined by a recovery in oil prices and a surge in U.S. shale investment, which grew by 50% that year. While broad energy indices sometimes struggled, specific sub-sectors like independent producers and refining outperformed.
: The undisputed leader in fracking services by size and technological history. Analysts favored it for its potential to benefit from increased drilling activity. fracking stocks to buy 2017
These companies were frequently highlighted by analysts in 2017 for their low-cost production and technological advantages in basins like the Permian and Marcellus. In 2017, the fracking sector was defined by
: Focused heavily on the Permian Basin, with projected production growth of 15-17% for the year. : The undisputed leader in fracking services by
: Companies focused solely on frack sand , such as Hi-Crush Partners and Fairmount Santrol, saw price drops exceeding 40%. Top Fracking Stocks to Buy in 2017 | The Motley Fool
: Refining and independent producers often led the way. HollyFrontier (HFC) rose over 56%, while Marathon Petroleum (MPC) gained nearly 40%.
Service companies provide the actual fracking equipment and technology, while midstream companies handle the transportation through pipelines.