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Best Oil Stocks To Follow Today - November 4th

ExxonMobil logo with Energy background
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Key Points

  • ExxonMobil, Chevron and Valero Energy were identified as oil stocks to watch based on their high recent dollar trading volume.
  • All three fell on Wednesday: ExxonMobil dropped $9.65 to $167.81, Chevron fell $10.03 to $215.24, and Valero declined $35.88 to $351.77—the largest dollar drop.
  • Valero had the lowest reported price-to-earnings ratio at 7.90, compared with 15.75 for Chevron and 17.25 for ExxonMobil.
  • Interested in ExxonMobil? Here are five stocks we like better.

ExxonMobil, Chevron, and Valero Energy are the three Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of publicly traded companies involved in the exploration, production, refining, transportation, or sale of oil and related energy products. Investors buy them to gain exposure to the energy sector and potentially earn returns through share-price appreciation and dividends, though their value can be affected by oil prices, regulations, and global demand. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

ExxonMobil (XOM)

ExxonMobil 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.

Shares of ExxonMobil stock traded down $9.65 on Wednesday, hitting $167.81. 10,789,906 shares of the company's stock traded hands, compared to its average volume of 17,647,650. The firm's 50-day moving average price is $168.33 and its two-hundred day moving average price is $154.86. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.19 and a quick ratio of 0.92. The stock has a market capitalization of $695.54 billion, a PE ratio of 17.25, a price-to-earnings-growth ratio of 0.90 and a beta of 0.16. ExxonMobil has a one year low of $113.64 and a one year high of $188.50.

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.

Shares of Chevron stock traded down $10.03 during trading on Wednesday, reaching $215.24. 5,122,108 shares of the company were exchanged, compared to its average volume of 10,247,997. The business has a 50-day moving average price of $214.06 and a 200-day moving average price of $193.68. The firm has a market capitalization of $425.26 billion, a price-to-earnings ratio of 15.75, a P/E/G ratio of 0.54 and a beta of 0.47. The company has a quick ratio of 0.98, a current ratio of 1.25 and a debt-to-equity ratio of 0.19. Chevron has a twelve month low of $146.49 and a twelve month high of $236.48.

Read Our Latest Research Report on CVX

Valero Energy (VLO)

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.

Shares of Valero Energy stock traded down $35.88 during trading on Wednesday, hitting $351.77. 2,451,663 shares of the company were exchanged, compared to its average volume of 3,299,083. The firm has a market capitalization of $101.29 billion, a P/E ratio of 7.90, a price-to-earnings-growth ratio of 0.20 and a beta of 0.58. Valero Energy has a 1-year low of $159.90 and a 1-year high of $461.52. The firm's fifty day moving average price is $399.09 and its 200 day moving average price is $287.06. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.72 and a quick ratio of 1.33.

Read Our Latest Research Report on VLO

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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