Oil Stocks To Keep An Eye On - October 20th

Key Points

• Chevron, Exxon Mobil, SLB, Kinder Morgan, and Petrobras are highlighted as the top oil stocks to watch due to their recent high trading volumes and their roles in the energy sector.
• These companies are involved in various segments of the oil industry, including exploration, production, and refining, making their stocks sensitive to crude oil prices and geopolitical issues.
• Investing in these oil stocks carries capital-intensive and commodity-related risks, but they may also provide potential dividend income for investors.

Chevron, Exxon Mobil, SLB, Kinder Morgan, and Petroleo Brasileiro S.A.- Petrobras are the five Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of companies whose primary business is the exploration, production, refining, transportation, or marketing of crude oil and petroleum products, including upstream producers, midstream pipeline/storage firms, downstream refiners, and integrated majors. For investors, these stocks are typically cyclical and sensitive to crude oil prices, geopolitical and regulatory developments, and often carry capital-intensive and commodity-related risks while sometimes offering dividend income. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

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

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

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

Kinder Morgan (KMI)

Kinder Morgan, Inc. operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.

Read Our Latest Research Report on KMI

Petroleo Brasileiro S.A.- Petrobras (PBR)

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

Read Our Latest Research Report on PBR