As many people can attest, oil and gas expenses account for an ever increasing amount of personal spending. For investors who prefer to put their money in products and services that they use on a regular basis, it makes sense to consider oil and gas stocks. To find companies in this sector that look well positioned for growth, we focused on the attributes of profitability and minimal debt. Our short list of oil and gas stocks include those generating strong profits through operational efficiency while maintaining focus on the bottom line. Further, these companies have not leveraged assets to fund growth. Review the findings for yourself to see if any of these stocks meets your criteria.

The Operating Profit Margin is a profitability ratio that measures the effectiveness of the company's operating efficiency. This metric allows investors to see how much profit is left after all variable costs are covered. If the company's margin is increasing over time, this means that it's earning more per dollar of sales. Finding trends in the Operating Profit Margin helps investors identify companies that are improving profitability over time and managing the economic landscape better than their competitors.

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