Promising Oil Stocks To Consider - January 3rd

Key Points

• MarketBeat's screener flagged Exxon Mobil (XOM), Chevron (CVX) and ConocoPhillips (COP) as the three oil stocks to watch, based on the highest dollar trading volume in recent days.
• These are integrated energy majors operating across exploration, production, refining, transport and chemicals with global portfolios that include LNG, oil sands and other large-scale projects.
• Oil stocks — and often their dividends — are highly sensitive to crude oil prices, energy demand, geopolitical events and supply disruptions, making them cyclical and commodity-driven investments.

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 that explore for, produce, refine, transport or provide services for crude oil and petroleum products — including integrated majors, independent producers and oilfield services firms. Their prices and often dividend payouts tend to move with crude oil prices and energy demand, so they are sensitive to geopolitical events, supply disruptions and commodity-market 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