Elevated Oil & Gas Prices Drive Interest in Energy Stocks; 3 Zacks Rank #1 Stocks to Consider

Energy stocks are gaining attention due to elevated oil prices, with the Strait of Hormuz closure impacting 20% of global oil supply and 25% of liquid natural gas. Weatherford International (WFRD) and Drilling Tools International (DTI) are two top-rated stocks in the oil and gas field services industry. WFRD is a prominent multinational company with a valuation of 14X forward earnings and a 60% year-over-year gain. DTI is an upcoming player with a FY26 EPS expected to spike 90% to $0.19.