Promising Oil Stocks To Watch Today - July 24th

ServiceNow, 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 that explore for, produce, refine or distribute crude oil and petroleum products. By buying oil stocks, investors gain exposure to the energy sector and to the price swings of crude oil, which can be driven by geopolitical events, supply-and-demand shifts and OPEC decisions. Major examples include integrated oil giants like ExxonMobil and Chevron as well as smaller independent producers. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

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.

NYSE:NOW traded up $30.25 during midday trading on Thursday, hitting $986.68. The company had a trading volume of 2,426,892 shares, compared to its average volume of 1,682,720. ServiceNow has a 52-week low of $678.66 and a 52-week high of $1,198.09. The stock's fifty day moving average price is $1,002.51 and its 200-day moving average price is $954.31. The company has a market capitalization of $204.22 billion, a PE ratio of 134.06, a P/E/G ratio of 4.41 and a beta of 0.94. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.15.

Read Our Latest Research Report on NOW

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 $1.48 during midday trading on Thursday, hitting $154.60. The company had a trading volume of 6,109,107 shares, compared to its average volume of 9,448,147. Chevron has a 52-week low of $132.04 and a 52-week high of $168.96. The stock's fifty day moving average price is $144.59 and its 200-day moving average price is $148.73. The company has a market capitalization of $269.99 billion, a PE ratio of 17.67, a P/E/G ratio of 2.48 and a beta of 0.83. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.17.

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.

NYSE XOM traded up $0.44 during trading on Thursday, hitting $110.37. 5,469,766 shares of the company's stock traded hands, compared to its average volume of 16,842,232. The stock has a fifty day moving average of $108.65 and a two-hundred day moving average of $108.98. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. Exxon Mobil has a 12-month low of $97.80 and a 12-month high of $126.34. The firm has a market cap of $475.65 billion, a P/E ratio of 14.64, a PEG ratio of 2.02 and a beta of 0.50.

Read Our Latest Research Report on XOM

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