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Oil Stocks To Follow Now - September 6th

Exxon Mobil logo with Energy background

Key Points

  • Exxon Mobil, Chevron, and ServiceNow are identified as the top oil stocks to monitor, based on their significant trading volume in recent days.
  • Exxon Mobil and Chevron focus on the exploration and production of crude oil and natural gas, highlighting their extensive operations in the energy sector.
  • ServiceNow specializes in digital transformation solutions, providing tools for workflow automation to businesses across various regions, including North America and Europe.
  • Five stocks to consider instead of Exxon Mobil.

Exxon Mobil, Chevron, and ServiceNow 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, or distribution of crude oil and petroleum products. Their market value is influenced by factors such as global oil supply and demand, geopolitical events, and changes in energy policy. Investors often use oil stocks to gain exposure to fluctuations in oil prices and the broader energy sector. 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

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Read Our Latest Research Report on NOW

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Should You Invest $1,000 in Exxon Mobil Right Now?

Before you consider Exxon Mobil, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exxon Mobil wasn't on the list.

While Exxon Mobil currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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