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DMC Global Inc., among top 10 oilfield services stocks, may see 5.83% CAGR by 2024 due to rising oil prices and oilfield investment.
DMC Global Inc. is a strong contender among the top 10 oilfield services stocks to buy now, with a potential CAGR of 5.83% from $119bn in 2024.
As oil prices support the oilfield services sector, companies like DMC Global, Dril-Quip, and Halliburton could benefit from increased spending on exploration and drilling activities, driving improved revenues and profit margins.
The global upstream industry is expected to maintain $580bn in hydrocarbon investments in 2024, making these stocks attractive for investors seeking exposure to the growing demand for energy services and technology.
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DMC Global Inc., entre las 10 principales reservas de servicios de yacimientos petrolíferos, puede ver un 5,83% de CAGR para 2024 debido al aumento de los precios del petróleo y la inversión en yacimientos petrolíferos.