These Two Undervalued Oil Drillers Are Poised for Further Success

Q2 Updates: Acquisitions, Rising Activity and Margins

Its earnings season, and the results are in: these two oil & gas drillers did well despite local adverse conditions in Q2 and are poised for a stellar 2H 2026 and beyond. This makes their shares even more compelling to me, with more upside potential than their peers with a margin of safety from valuation, operations and other factors:

There is substantial upside in their shares if they were to just trade up to the peer average multiple. Company specific factors indicate potential above-average revenue and cash flow growth, which could mean further upside than this:

Because of this discount (and the even larger discount to replacement cost), I think these companies still have a lot more room to run - despite already rising substantially since initial Bison Insights publication:

These are two large positions and have contributed to the outperformance of the Bison Insights composite index versus oil & gas stocks XOP 0.00%↑ and the broader market SPY 0.00%↑ :

Disclaimer: This is for informational and educational purposes only. This is not an offer, solicitation, or investment recommendation. Please consult an advisor and do your own diligence. Investments incur risk of loss. Past performance is not indicative of future results.