Best Oil Stocks To Keep An Eye On - October 22nd

Key Points

• Five oil stocks to watch include Exxon Mobil, Chevron, Halliburton, SLB, and EQT, identified for their high trading volumes and potential to benefit if crude prices rebound.
• Exxon Mobil and Chevron are involved in the exploration and production of crude oil and natural gas globally, with diversified operations across various energy segments.
• Halliburton and SLB provide key services and technology for the energy industry, focusing on production enhancement and well construction, respectively.

Exxon Mobil, Chevron, Halliburton, SLB, and EQT are the five Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of publicly traded companies whose primary business involves exploration, production, refining, distribution, or services related to crude oil and petroleum products. Investors buy oil stocks to gain exposure to movements in crude oil prices and the broader energy sector, but these shares are subject to commodity price volatility, geopolitical and regulatory risks, and company-specific operational factors. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

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.

Read Our Latest Research Report on XOM

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.

Read Our Latest Research Report on CVX

Halliburton (HAL)

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.

Read Our Latest Research Report on HAL

SLB (SLB)

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.

Read Our Latest Research Report on SLB

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.

Read Our Latest Research Report on EQT