Promising Oil Stocks To Keep An Eye On - November 9th

Key Points

• ExxonMobil, Chevron, and Marathon Petroleum were identified as oil stocks to watch based on their recent high dollar trading volumes.
• In Monday trading, ExxonMobil fell $0.69 to $165.18 and Chevron fell $0.71 to $211.90, while Marathon Petroleum rose $17.06 to $389.80.
• The companies span different parts of the oil industry: ExxonMobil and Chevron operate across integrated energy businesses, while Marathon Petroleum focuses primarily on refining, marketing, and midstream operations.

ExxonMobil, Chevron, and Marathon Petroleum 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 oil industry, such as exploration, production, refining, and transportation firms. Their prices can be affected by oil prices, supply and demand, company performance, and geopolitical or regulatory developments. 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 NYSE XOM traded down $0.69 during midday trading on Monday, hitting $165.18. The company's stock had a trading volume of 5,127,285 shares, compared to its average volume of 17,658,824. ExxonMobil has a 12-month low of $114.19 and a 12-month high of $188.50. The business's 50 day moving average is $168.83 and its two-hundred day moving average is $155.41. The firm has a market cap of $673.81 billion, a P/E ratio of 16.97, a price-to-earnings-growth ratio of 0.82 and a beta of 0.16. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11.

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 NYSE CVX traded down $0.71 during mid-day trading on Monday, reaching $211.90. 2,702,577 shares of the company were exchanged, compared to its average volume of 10,234,692. The firm has a 50-day moving average of $214.91 and a 200 day moving average of $194.40. The stock has a market cap of $418.67 billion, a price-to-earnings ratio of 15.50, a P/E/G ratio of 0.50 and a beta of 0.47. The company has a quick ratio of 1.07, a current ratio of 1.34 and a debt-to-equity ratio of 0.16. Chevron has a 1 year low of $146.49 and a 1 year high of $236.48.

Read Our Latest Research Report on CVX

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 up $17.06 on Monday, hitting $389.80. 1,016,033 shares of the company were exchanged, compared to its average volume of 2,470,301. Marathon Petroleum has a 1-year low of $161.93 and a 1-year high of $493.98. The company has a current ratio of 1.45, a quick ratio of 1.09 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $106.13 billion, a P/E ratio of 13.42, a price-to-earnings-growth ratio of 0.09 and a beta of 0.53. The stock's 50 day moving average price is $421.69 and its 200 day moving average price is $295.35.

Read Our Latest Research Report on MPC

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