In this segment, Motley Fool analysts Joel South and Taylor Muckerman discuss companies 10-6 of their Top 20 energy companies to watch. Companies 10-6 can be found here.

When it comes to oil and gas drilling equipment, nobody does it like National Oilwell Varco (NYSE:NOV). This company maintains it's dominant market share by masterfully completing bolt-on acquisitions, adding not only talent, but picking up innovative technology that complements its already enormous fleet of products. 

This stable dividend payer looks primed for future growth, especially with the offshore drilling industry expected to double in size in the next 10 years. 

More compelling companies to profit from high oil prices

Be sure to follow the energy sector on Twitter as well.

Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends National Oilwell Varco. The Motley Fool owns shares of National Oilwell Varco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.