Promising Oil Stocks To Consider - November 8th

Key Points

• MarketBeat flagged seven oil stocks for high recent dollar trading volume: ExxonMobil, Chevron, Valero Energy, ConocoPhillips, Marathon Petroleum, Devon Energy and Phillips 66. The group spans oil and gas producers, integrated energy companies and refiners.
• In Friday trading, ExxonMobil and ConocoPhillips rose modestly, while Chevron, Valero, Marathon Petroleum, Devon Energy and Phillips 66 declined.
• The stocks showed varied valuation and risk profiles: for example, Valero and Phillips 66 had P/E ratios below 8, while ExxonMobil’s was about 17; reported betas across the group ranged from 0.16 to 0.69.

ExxonMobil, Chevron, Valero Energy, ConocoPhillips, Marathon Petroleum, Devon Energy, and Phillips 66 are the seven Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of publicly traded companies involved in the oil industry, such as oil producers, refiners, and pipeline operators. Their performance can be affected by oil prices, energy demand, geopolitical events, and each company’s finances and operations. 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 up $0.51 during midday trading on Friday, reaching $165.81. 15,867,839 shares of the company's stock traded hands, compared to its average volume of 13,422,789. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 1.19. ExxonMobil has a 52 week low of $114.19 and a 52 week high of $188.50. The company's 50 day simple moving average is $168.83 and its 200 day simple moving average is $155.41. The company has a market cap of $676.38 billion, a price-to-earnings ratio of 17.04, a price-to-earnings-growth ratio of 0.82 and a beta of 0.16.

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.

NYSE:CVX traded down $0.27 during trading hours on Friday, reaching $212.66. The company's stock had a trading volume of 8,080,978 shares, compared to its average volume of 8,142,421. The company has a market cap of $420.17 billion, a price-to-earnings ratio of 15.56, a price-to-earnings-growth ratio of 0.50 and a beta of 0.47. Chevron has a one year low of $146.49 and a one year high of $236.48. The business's 50-day moving average is $214.91 and its 200-day moving average is $194.40. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.25 and a quick ratio of 0.98.

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.

NYSE VLO traded down $4.94 during trading on Friday, hitting $346.29. 3,336,461 shares of the company traded hands, compared to its average volume of 3,057,758. Valero Energy has a 12 month low of $159.90 and a 12 month high of $461.52. The business has a fifty day simple moving average of $399.61 and a 200 day simple moving average of $289.61. The company has a current ratio of 1.72, a quick ratio of 1.33 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $99.71 billion, a P/E ratio of 7.79, a PEG ratio of 0.18 and a beta of 0.58.

Read Our Latest Research Report on VLO

ConocoPhillips (COP)

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.

Shares of NYSE:COP traded up $0.92 on Friday, reaching $136.38. The company had a trading volume of 7,656,178 shares, compared to its average volume of 6,650,580. The stock has a market capitalization of $163.84 billion, a P/E ratio of 14.33, a P/E/G ratio of 1.28 and a beta of 0.16. The stock has a 50-day moving average price of $136.92 and a 200 day moving average price of $122.10. ConocoPhillips has a twelve month low of $85.59 and a twelve month high of $154.28. The company has a quick ratio of 1.39, a current ratio of 1.52 and a debt-to-equity ratio of 0.34.

Read Our Latest Research Report on COP

Marathon Petroleum (MPC)

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services.

Shares of NYSE MPC traded down $4.84 during mid-day trading on Friday, reaching $372.48. 2,478,500 shares of the company traded hands, compared to its average volume of 2,255,761. The company's fifty day moving average is $421.69 and its two-hundred day moving average is $295.35. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.89 and a current ratio of 1.45. Marathon Petroleum has a fifty-two week low of $161.93 and a fifty-two week high of $493.98. The stock has a market cap of $101.42 billion, a PE ratio of 12.80, a price-to-earnings-growth ratio of 0.10 and a beta of 0.53.

Read Our Latest Research Report on MPC

Devon Energy (DVN)

DVN traded down $0.66 on Friday, hitting $42.22. The company had a trading volume of 19,155,887 shares, compared to its average volume of 9,614,070. The company's fifty day moving average price is $48.64 and its 200 day moving average price is $46.04. Devon Energy has a 1-year low of $32.49 and a 1-year high of $52.71. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.72 and a quick ratio of 0.67. The stock has a market cap of $46.45 billion, a price-to-earnings ratio of 10.56, a price-to-earnings-growth ratio of 1.10 and a beta of 0.43.

Read Our Latest Research Report on DVN

Phillips 66 (PSX)

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.

PSX stock traded down $1.59 during midday trading on Friday, hitting $245.45. 3,068,963 shares of the company traded hands, compared to its average volume of 2,916,474. Phillips 66 has a twelve month low of $127.16 and a twelve month high of $299.39. The company has a quick ratio of 1.04, a current ratio of 1.34 and a debt-to-equity ratio of 0.49. The business has a 50 day simple moving average of $268.05 and a 200-day simple moving average of $201.52. The stock has a market capitalization of $95.74 billion, a price-to-earnings ratio of 7.84, a price-to-earnings-growth ratio of 0.13 and a beta of 0.69.

Read Our Latest Research Report on PSX

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