Oil Stocks To Keep An Eye On - October 17th

Key Points

• Five oil stocks to watch include SLB, Exxon Mobil, Chevron, Liberty Energy, and ConocoPhillips, known for their significant trading volumes.
• SLB focuses on providing technology solutions for the energy sector, while Exxon Mobil and Chemical Products segment spans exploration and production of crude oil globally.
• Liberty Energy specializes in hydraulic services for oil and gas exploration, and ConocoPhillips operates on a global scale, exploring and marketing various energy resources.

SLB, Exxon Mobil, Chevron, Liberty Energy, and ConocoPhillips are the five Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of publicly traded companies whose primary business involves crude oil—covering exploration and production (upstream), transportation and storage (midstream), refining and marketing (downstream), and oilfield services and equipment. Investors use them to gain exposure to the energy sector; their prices and returns are typically cyclical and sensitive to oil prices, geopolitics, supply/demand shifts, and regulatory or environmental risks. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

SLB (SLB)

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.

Read Our Latest Research Report on SLB

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

Liberty Energy (LBRT)

Liberty Energy Inc. provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics.

Read Our Latest Research Report on LBRT

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.

Read Our Latest Research Report on COP