Top 5 Oil Service Stocks To Watch Right Now

I'm window shopping for shares again, and there are plenty of goodies for sale. Should I pop Petrofac� (LSE: PFC  ) into my basket?

Just the 'facs
These are tough times for oil stocks, with Brent crude falling below $100 a barrel on fears of a China and U.S. slowdown and weak demand from Europe. Oil services company Petrofac looked cheap last month, when you could buy it for around 拢15. Today, you would pay just 拢13.40. Is this a great time to buy?

Petrofac's share price is now down a meaty 20% over the last three months, despite signing a couple of lucrative contracts in April. Last week, it announced it had won the lion's share of a $3.7 billion deal to develop oil fields for the Abu Dhabi National Oil Company. That followed a $500 million contract from the Abu Dhabi Marine Operating Company. My suspicions that Petrofac is being unfairly punished by a wider market sell-off were confirmed by its recent full-year results, which revealed a 17% rise in profits, neatly matched with a 17% dividend hike.

Hot Regional Bank Companies To Own In Right Now: Golar LNG Partners LP (GMLP)

Golar LNG Partners LP (the Partnership), incorporated on September 24, 2007, is a limited partnership formed as a wholly owned subsidiary of Golar LNG Limited (Golar), an independent owner and operator of floating storage re-gasification units (FSRUs) and liquefied natural gas (LNG) carriers, to own and operate FSRUs and LNG carriers under long-term charters. The vessels in its fleet are chartered to BG Group, Pertamina, Petrobras and Dubai Supply Authority. As of December 31, 2012, Golar owned its 2.0% general partner interest, all of its IDRs and a 49.9% limited partner interest in it. As of December 31, 2012, its fleet consisted of a 100% interest in the Golar Spirit, which is operating under a time charter with Petrobras; a 100% interest in the Golar Winter, which is operating under a time charter with Petrobras; a 100% interest in the Golar Freeze, which is operating under a time charter with Dubai Supply Authority (DUSUP), the purchaser of natural gas in Dubai; a 100% interest in the Methane Princess, which is operating under a time charter with BG Group PLC (BG Group), and a 60% interest in the Golar Mazo, an LNG carrier, which is operating under a time charter with PT Pertamina (Pertamina). In July 2012, Golar sold its interests in the companies that own and operate the floating storage and regasification unit (FSRU) Nusantara Regas Satu to the Company. As of April 30, 2013, the Company has a fleet of four FSRUs and four LNG carriers. In November 2012, the Company acquired from Golar interests in subsidiaries that lease and operate the LNG carrier, the Golar Grand.

FSRU Charters

The Company provides the services of each of the Golar Spirit and the Golar Winter to Petrobras under separate time charter parties (or TCP) and operation and services agreements (OSAs). The TCPs and OSAs are interdependent and when combined have the same effect as the time charters for its LNG carriers. The services of the Golar Freeze are provided to DUSUP under a TCP. The Golar Spirit and ! Golar Winter charters also contained provisions giving Petrobras the option to purchase the vessels from it under certain circumstances.

LNG Carrier Charters

The Company provides the LNG marine transportation services of the Golar Mazo, Methane Princess and the Golar Maria under a time charters with LNG Shipping SpA. A time charter is a contract for the use of the vessel for a fixed period of time at a specified daily rate. Under a time charter, the vessel owner provides crewing and other services related to the vessel�� operation.

The Company competes with Royal Dutch Shell, BP, BG, Malaysian International Shipping Company, National Gas Shipping Company, Qatar Gas Transport Company, Excelerate Energy, Hoegh LNG, Exmar, Teekay LNG and MISC Berhad.

Advisors' Opinion:

• [By Seth Jayson]

  Calling all cash flows
  When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Golar LNG Partners Limited Partnership (Nasdaq: GMLP  ) , whose recent revenue and earnings are plotted below.

• [By Roberto Pedone]

  Golar LNG Partners LP (GMLP), a limited partnership, owns and operates floating storage and regasification units and LNG carriers under long-term charters. This stock closed up 3.5% at $32.74 in Monday's trading session.

  Monday's Volume: 432,000
  
  Three-Month Average Volume: 81,559
  
  Volume % Change: 283%

  From a technical perspective, GMLP bounced notably higher here right off its 200-day moving average of $31.79 and back above its 50-day moving average of $32.56 with strong upside volume. This move is quickly pushing shares of GMLP within range of triggering a near-term breakout trade. That trade will hit if GMLP manages to take out Monday's intraday high at $32.96 to some more near-term overhead resistance at $33.15 with high volume.

  Traders should now look for long-biased trades in GMLP as long as it's trending above its 200-day at $31.79 and then once it sustains a move or close above those breakout levels with volume that's near or above 81,559 shares. If that breakout hits soon, then GMLP will set up to re-test or possibly take out its next major overhead resistance levels at $34.78 to its 52-week high at $36.

Top 5 Oil Service Stocks To Watch Right Now: EastGroup Properties Inc. (EGP)

EastGroup Properties, Inc., a real estate investment trust (REIT), focuses on the development, acquisition, and operation of industrial properties in the United States. As of December 31, 2007, it owned 202 industrial properties and 1 office building, as well as approximately 1.7 million square feet properties in Florida, Texas, Arizona, and California. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, it would not be subject to federal income tax purposes, provided it distributes at least 90% of its REIT taxable income to its shareholders. EastGroup Properties, Inc. was founded in 1969 and is headquartered in Jackson, Mississippi.

Advisors' Opinion:

• [By Ken McGaha]

  The four REITS I reviewed are Kilroy Realty Corp. (KRC), Kimco Realty Corp. (KIM), Eastgroup Properties (EGP) and Federal Realty Investment Trust (FRT).

Top 5 Oil Service Stocks To Watch Right Now: Hudson Pacific Properties Inc. (HPP)

Hudson Pacific Properties, Inc. operates as a vertically integrated real estate trust (REIT) in the United States. It engages in owning, operating, and acquiring office, and media and entertainment properties primarily in Northern and Southern California in Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley, and the East Bay. As of March 31, 2011, it owned a portfolio of 15 office properties; and 2 media and entertainment properties in California comprising approximately 4.4 million square feet. The company has elected to be treated as a REIT under the Internal Revenue Code of 1986. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. The company is based in Los Angeles, California.

Advisors' Opinion:

• [By alicet236]

  CEO of Hudson Pacific Properties Inc. (HPP) Victor J. Coleman bought 7,000 shares on August 15, 2013 at an average price of $20.27. The total transaction amount was $141,890.

Top 5 Oil Service Stocks To Watch Right Now: Natural Grocers By Vitamin Cottage Inc (NGVC)

Natural Grocers by Vitamin Cottage, Inc., incorporated on April 9, 2012, is a specialty retailer of natural and organic groceries and dietary supplements. The Company operates within the natural products retail industry. The Company offers products and brands, including a selection of natural and organic food, dietary supplements, body care products, pet care products and books.

The Company offers its customers an average of approximately 18,000 store-keeping units (SKUs) of natural and organic products per store, including an average of approximately 7,000 SKU of dietary supplements. As of June 30, 2012, the Company operated 55 stores in 11 states, including Colorado, Idaho, Kansas, Missouri, Montana, Nebraska, New Mexico, Oklahoma, Texas, Utah and Wyoming, as well as a bulk food repackaging facility and distribution center in Colorado. The size of its stores varies from 5,000 selling square feet to 14,500 selling square feet, and a new store averages 9,500 selling square feet.

Advisors' Opinion:

• [By Brian Stoffel]

  Much has been made recently about new entrants into the organic/natural food space in America. While Sprouts Farmers Market� (NASDAQ: SFM  ) , The Fresh Market (NASDAQ: TFM  ) , and Natural Grocers by Vitamin Cottage� (NYSE: NGVC  ) attempt to use Whole Foods' blueprint, Wal-Mart (NYSE: WMT  ) is teaming up with Wild Oats to offer more organic goods in its discount stores.