Free Trial

Promising Oil Stocks To Add to Your Watchlist - January 4th

Exxon Mobil logo with Energy background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's stock screener highlights Exxon Mobil (XOM), Chevron (CVX) and ConocoPhillips (COP) as the oil stocks to watch, noting they had the highest dollar trading volume among oil stocks in recent days.
  • Oil-stock performance is closely tied to crude prices, global demand and geopolitics, and these stocks carry sector-specific risks like commodity volatility, regulatory changes and large capital-expenditure cycles.
  • All three are major, globally operating energy firms with diverse businesses—Exxon in upstream and products, Chevron in upstream/downstream (including carbon capture and LNG activity), and ConocoPhillips in E&P, LNG and oil sands—making them sensitive to both commodity and regional developments.
  • MarketBeat previews the top five stocks to own by May 1st.

Exxon Mobil, Chevron, and ConocoPhillips are the three Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of companies whose primary business is the oil industry — including exploration and production (E&P), refining, distribution, and oilfield services — that trade on public markets. Their performance is closely tied to crude oil prices, global demand and geopolitics, and they carry sector-specific risks such as commodity volatility, regulatory changes, and capital expenditure cycles. 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

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

Recommended Stories

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

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Click the link to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines