Best Oil Stocks Worth Watching - October 23rd

Key Points

• Exxon Mobil, Chevron, and Kinder Morgan are highlighted as the top oil stocks to watch, showing significant trading volume in recent days.
• These companies are involved in various segments of the oil and gas industry, including exploration, production, refining, and infrastructure.
• Oil stocks are sensitive to changes in oil prices and geopolitical events, making them cyclical investments that require careful consideration of risks.

Exxon Mobil, Chevron, and Kinder Morgan are the three Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of companies involved in the exploration, production, refining, transportation, and marketing of crude oil and petroleum products. Their returns often track oil prices and geopolitical or supply-chain events, making them cyclical and sensitive to commodity, regulatory, and environmental risks that investors should consider. 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

Kinder Morgan (KMI)

Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.

Read Our Latest Research Report on KMI