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Promising Oil Stocks To Follow Now - May 8th

Exxon Mobil logo with Energy background

Exxon Mobil, ConocoPhillips, ServiceNow, Occidental Petroleum, Chevron, Procter & Gamble, and Kenvue are the seven Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are publicly traded shares of companies involved in the exploration, extraction, refining and sale of crude oil and its derivatives. They give investors exposure to the energy sector and the price movements of oil, which are driven by supply-and-demand balances, geopolitical events and regulatory changes. Because global oil prices can be volatile and environmental policies evolve, oil stocks often experience significant price swings. 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.

Shares of NYSE XOM traded up $2.26 during midday trading on Thursday, reaching $106.87. The stock had a trading volume of 7,197,234 shares, compared to its average volume of 15,571,651. The stock has a 50-day moving average of $109.00 and a 200-day moving average of $111.40. The company has a market capitalization of $462.24 billion, a price-to-earnings ratio of 13.63, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. Exxon Mobil has a 12-month low of $97.80 and a 12-month high of $126.34. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Read Our Latest Research Report on XOM

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.

Shares of NYSE:COP traded up $2.21 during trading on Thursday, reaching $89.92. The company's stock had a trading volume of 6,616,789 shares, compared to its average volume of 8,472,006. The company has a current ratio of 1.29, a quick ratio of 1.14 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $113.67 billion, a PE ratio of 11.54, a price-to-earnings-growth ratio of 0.79 and a beta of 0.64. ConocoPhillips has a 12 month low of $79.88 and a 12 month high of $124.23. The firm's 50 day simple moving average is $93.19 and its two-hundred day simple moving average is $99.66.

Read Our Latest Research Report on COP

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.

Shares of NYSE:NOW traded down $0.91 during trading hours on Thursday, hitting $982.38. The company's stock had a trading volume of 600,072 shares, compared to its average volume of 1,909,885. The firm's fifty day moving average price is $842.03 and its 200 day moving average price is $969.22. The company has a market capitalization of $203.35 billion, a price-to-earnings ratio of 143.83, a P/E/G ratio of 4.51 and a beta of 0.97. ServiceNow has a 52 week low of $637.99 and a 52 week high of $1,198.09. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 1.10.

Read Our Latest Research Report on NOW

Occidental Petroleum (OXY)

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.

OXY stock traded up $2.57 during midday trading on Thursday, hitting $41.58. 12,287,939 shares of the stock traded hands, compared to its average volume of 12,370,870. The stock's fifty day simple moving average is $43.15 and its 200-day simple moving average is $47.39. Occidental Petroleum has a 1-year low of $34.78 and a 1-year high of $64.75. The firm has a market cap of $39.08 billion, a P/E ratio of 17.04 and a beta of 0.81. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.95 and a quick ratio of 0.76.

Read Our Latest Research Report on OXY

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.

NYSE CVX traded up $2.45 during trading hours on Thursday, hitting $138.24. 3,690,543 shares of the company's stock traded hands, compared to its average volume of 8,965,108. The firm's 50-day moving average is $148.49 and its 200-day moving average is $152.23. The company has a market capitalization of $243.39 billion, a PE ratio of 14.22, a PEG ratio of 1.46 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.07 and a quick ratio of 0.80. Chevron has a 52-week low of $132.04 and a 52-week high of $168.96.

Read Our Latest Research Report on CVX

Procter & Gamble (PG)

Procter & Gamble Co. engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

Shares of PG stock traded up $0.44 during trading hours on Thursday, hitting $159.73. The company had a trading volume of 2,910,041 shares, compared to its average volume of 8,246,824. The company's fifty day moving average is $166.56 and its 200 day moving average is $167.73. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.76 and a quick ratio of 0.55. Procter & Gamble has a fifty-two week low of $156.58 and a fifty-two week high of $180.43. The stock has a market capitalization of $374.49 billion, a PE ratio of 25.43, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41.

Read Our Latest Research Report on PG

Kenvue (KVUE)

Kenvue Inc. operates as a consumer health company worldwide. The company operates through three segments: Self Care, Skin Health and Beauty, and Essential Health. The Self Care segment offers cough, cold and allergy, pain care, digestive health, smoking cessation, eye care, and other products under the Tylenol, Motrin, Benadryl, Nicorette, Zarbee's, ORSLTM, Rhinocort, Calpol, and Zyrtec brands.

Kenvue stock traded up $1.21 during midday trading on Thursday, reaching $24.32. The company's stock had a trading volume of 19,029,305 shares, compared to its average volume of 16,165,038. The business has a 50-day simple moving average of $23.10 and a 200-day simple moving average of $22.54. The company has a market cap of $46.66 billion, a P/E ratio of 45.89, a P/E/G ratio of 2.62 and a beta of 1.02. Kenvue has a fifty-two week low of $17.67 and a fifty-two week high of $25.17. The company has a quick ratio of 0.69, a current ratio of 1.00 and a debt-to-equity ratio of 0.66.

Read Our Latest Research Report on KVUE

Further Reading

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