Best Oil Stocks To Follow Now - July 23rd

Chevron, Caterpillar, ServiceNow, Exxon Mobil, and EQT are the five Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares in publicly traded companies involved in the exploration, production, refining and distribution of crude oil and petroleum products. By buying these equities, investors gain exposure to the profitability of the global oil industry and to fluctuations in crude‐price dynamics. Their values tend to rise when oil demand outpaces supply (or geopolitical tensions threaten output) and fall when markets become oversupplied or regulations tighten. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

CVX stock traded up $2.44 on Wednesday, reaching $152.48. The company had a trading volume of 6,658,608 shares, compared to its average volume of 9,429,113. Chevron has a 1 year low of $132.04 and a 1 year high of $168.96. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.82 and a current ratio of 1.08. The company's fifty day moving average is $144.04 and its 200 day moving average is $148.68. The company has a market cap of $266.30 billion, a P/E ratio of 17.43, a PEG ratio of 2.47 and a beta of 0.83.

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Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

CAT traded up $9.41 during trading on Wednesday, hitting $426.60. The company's stock had a trading volume of 1,965,825 shares, compared to its average volume of 2,681,907. The stock has a market cap of $200.94 billion, a PE ratio of 20.79, a PEG ratio of 2.72 and a beta of 1.38. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.32 and a quick ratio of 0.77. The firm's 50 day moving average price is $369.61 and its 200-day moving average price is $349.62. Caterpillar has a twelve month low of $267.30 and a twelve month high of $428.16.

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ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NOW stock traded down $2.54 on Wednesday, reaching $959.83. 830,072 shares of the stock were exchanged, compared to its average volume of 1,669,081. The stock has a market cap of $198.67 billion, a P/E ratio of 130.41, a price-to-earnings-growth ratio of 4.40 and a beta of 0.94. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $1,006.53 and a two-hundred day moving average of $955.01. ServiceNow has a 1-year low of $678.66 and a 1-year high of $1,198.09.

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Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

NYSE XOM traded up $1.30 during trading hours on Wednesday, hitting $109.84. The company had a trading volume of 6,122,298 shares, compared to its average volume of 16,885,137. Exxon Mobil has a fifty-two week low of $97.80 and a fifty-two week high of $126.34. The company has a market capitalization of $473.36 billion, a price-to-earnings ratio of 14.57, a P/E/G ratio of 2.01 and a beta of 0.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. The firm's 50 day moving average is $108.66 and its 200 day moving average is $108.98.

Read Our Latest Research Report on XOM

EQT (EQT)

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.

NYSE EQT traded down $2.31 during trading hours on Wednesday, hitting $52.03. The company had a trading volume of 12,222,308 shares, compared to its average volume of 8,359,337. EQT has a fifty-two week low of $30.02 and a fifty-two week high of $61.02. The company has a market capitalization of $31.16 billion, a price-to-earnings ratio of 91.19, a P/E/G ratio of 0.34 and a beta of 0.65. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.57 and a quick ratio of 0.57. The firm's 50 day moving average is $56.63 and its 200 day moving average is $52.95.

Read Our Latest Research Report on EQT