With geopolitical risks flaring, energy prices swinging and central banks keeping investors guessing, global energy producers and infrastructure stocks are back in focus. This mix of uncertainty and shifting expectations can reshape how capital flows across the sector, creating both openings and traps. This article unpacks three stocks from our Global Energy Producers and Infrastructure screener that appear positively exposed to the latest news and explains what that could mean for your watchlist.
The three stocks covered below are only a sample from this theme, and the full screen surfaced 20 more global energy producers and infrastructure companies with equally compelling narratives that are not included here. To identify your own highest conviction ideas in this space, head straight to the Global Energy Producers and Infrastructure screener.
Precision Drilling (TSX:PD)
Overview: Precision Drilling is a large onshore drilling contractor that provides rigs, drilling automation and well services to oil and gas producers, so its activity levels and earnings are closely linked to how much exploration and production work clients commit to when energy prices are supportive. Alongside core drilling, it also offers completion, workover and environmental solutions that tie it into the broader energy infrastructure theme across North America and select international markets.
Operations: Precision Drilling generates the bulk of its revenue from Contract Drilling Services at about CA$1.6 billion, with Completion and Production Services contributing roughly CA$291 million and a small inter segment elimination of CA$12 million.
Market Cap: CA$1.5 billion
Investors looking at global energy producers and infrastructure stocks may find Precision Drilling interesting because it sits where energy prices, drilling activity and technology all meet. The company is leaning into high spec, automated rigs and lower emission EverGreen solutions that can support margins if demand for complex wells and energy security stays firm. At the same time, earnings are still sensitive to swings in oil and gas activity, a heavy tilt to North American basins and a balance sheet funded by external debt rather than customer deposits. Recent buybacks and ongoing rig upgrades hint at management confidence, but the mix of pricing power, capital intensity and geopolitical risk means the full story is more nuanced than a simple oil price bet.
Precision Drilling’s push into high spec rigs and lower emission EverGreen solutions could be masking a much bigger shift in its risk reward profile. Get the full picture in the 3 key rewards and 1 important warning sign
Seadrill (SDRL)
Overview: Seadrill is an offshore drilling company that owns and operates high spec drillships, semi submersible rigs and jackups, supplying contract drilling services to major oil companies and national oil firms that want to tap offshore and deepwater reservoirs when long term energy projects look attractive.
Operations: Seadrill generates about US$1.5b in revenue from oil and gas contract drilling, with key exposure to Brazil at US$645 million, Angola at US$329 million and the United States at US$403 million, plus other regions and segment adjustments.
Market Cap: US$2.9b
Seadrill provides direct exposure to the offshore drilling cycle at a time when energy security, deepwater exploration and higher oil prices are pulling more capital toward long lead projects. The company has a focused offshore drilling business, a high spec fleet and guidance for 2026 revenue of US$1.50 to US$1.55b and EBITDA of US$420 to US$450 million. This positioning ties neatly into the Global Energy Producers and Infrastructure theme. At the same time, current net margins are razor thin at about 0.07%, earnings recently reflected a US$59 million one off loss and all liabilities are funded by external borrowing. That combination of earnings guidance, a discount to estimated fair value and real balance sheet and execution risk is what makes Seadrill a candidate for closer analysis within this theme.
Seadrill’s thin margins and ambitious 2026 guidance hint at a story investors may be underestimating. See how the analyst forecasts for Seadrill stack up against its offshore risks and what might be quietly changing next
Excelerate Energy (EE)
Overview: Excelerate Energy owns and operates liquefied natural gas infrastructure, using floating regasification vessels and related gas assets to bring LNG into power grids and gas networks across multiple regions that prioritize energy security. It also sells LNG, natural gas, power and steam, which ties Excelerate directly into global gas trade flows that sit at the center of this Global Energy Producers and Infrastructure theme.
Operations: Excelerate Energy generates about US$1.5b in revenue from gas-related utilities, with earnings spread across North America, Asia Pacific, Latin America, the Middle East and Europe.
Market Cap: US$4.5b
Excelerate Energy provides focused exposure to LNG import and regasification infrastructure at a time when governments are paying for secure gas supply and flexible floating terminals. Most adjusted EBITDA is tied to long-term take-or-pay contracts, yet net margins are slim and every project adds more external debt and capital needs, so funding costs and decarbonization policies are important considerations. Recent contracts in places such as Jordan, Colombia and the Caribbean, along with projects such as the Iraq LNG terminal and FSRU conversions, illustrate how Excelerate can reuse vessels and build scale across four continents. A key consideration for investors is whether this expanding global footprint and contracted cash flow are sufficient to justify the current valuation and balance the risk of LNG assets becoming less favored as energy systems evolve.
Excelerate Energy’s expanding LNG footprint and long term contracts could be masking a very different growth profile than headline margins suggest. See how the analyst forecasts for Excelerate Energy reshapes the story and what risk may be hiding at the edges.
Seeking Alternatives Before The Crowd Moves
Fresh opportunities can move from quiet to crowded fast. Some stocks are building breakout momentum or quietly dropping to rare entry levels under the radar for now. Consider acting early, before attention increases.
- Target dependable income streams while they are still yielding strongly by scanning a curated 4 dividend fortresses before yield hunters drive up prices.
- Focus on structural demand shifts by reviewing curated 38 power grid technology and infrastructure stocks that could be positioned to benefit from energy system and grid upgrades.
- Monitor potential capital flows by tracking a hand picked 92 nuclear energy infrastructure stocks before nuclear infrastructure shifts from contrarian interest to a more widely followed trade.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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