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Oil Stocks Worth Watching - October 21st

Halliburton logo with Energy background

Key Points

  • Halliburton, Chemical, and Exxon Mobil are highlighted as top oil stocks to watch, driven by their recent high trading volume.
  • Halliburton specializes in providing products and services for the energy industry, focusing on completion, production, and drilling segments.
  • Chevron operates in integrated energy and chemicals with segments covering various aspects of crude oil and gas, including carbon capture and storage.
  • Five stocks to consider instead of Halliburton.

Halliburton, Chevron, and Exxon Mobil are the three Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of publicly traded companies whose primary business involves the exploration, production (upstream), transportation and storage (midstream), refining and marketing (downstream), or provision of services and equipment for crude oil and petroleum products. To investors, these stocks offer direct exposure to crude-oil price swings and related geopolitical, regulatory, and operational risks, often resulting in higher cyclicality and sensitivity to global demand and commodity markets. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

Halliburton (HAL)

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.

Read Our Latest Research Report on HAL

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

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