Oil prices have been stuck in a rut for most of the past year, bouncing between $65 and $80 per barrel. Surging oil prices will supply producers with more cash flow. Pioneer Natural Resources (NYSE: PXD), Devon Energy (NYSE: DVN), and Marathon Oil (NYSE: MRO) stand out from the crowd as the top oil stocks to buy because their shares are still down sharply despite the rebound in crude prices.
Pioneer Natural Resources (PXD) closed at $233.93 in the latest trading session, marking a -0.57% move from the prior day.
Recently, Zacks.com users have been paying close attention to Pioneer Natural Resources (PXD). This makes it worthwhile to examine what the stock has in store.