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Oil Stocks Worth Watching - September 11th

Caterpillar logo with Industrials background

Key Points

  • Caterpillar, Exxon Mobil, and ServiceNow are highlighted as the top oil stocks to watch, based on their recent high trading volumes.
  • Caterpillar Inc. is involved in manufacturing and selling construction and mining equipment, while Exxon Mobil Corporation focuses on oil and gas exploration and production.
  • ServiceNow provides intelligent workflow automation solutions aimed at enhancing digital transformation across various industries globally.
  • Five stocks to consider instead of Caterpillar.

Caterpillar, Exxon Mobil, 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, and marketing of crude oil and its derivatives. By purchasing these equities, investors gain direct exposure to the performance of the oil sector and to fluctuations in global oil prices. Their value typically responds to changes in supply and demand dynamics, geopolitical events, and energy-industry regulations. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Read Our Latest Research Report on CAT

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

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 Caterpillar Right Now?

Before you consider Caterpillar, 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 Caterpillar wasn't on the list.

While Caterpillar currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

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