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Promising Oil Stocks Worth Watching - December 16th

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

Key Points

  • MarketBeat's stock screener flags five oil names to watch: Exxon Mobil (XOM), Chevron (CVX), SLB (SLB), ConocoPhillips (COP), and Occidental Petroleum (OXY), which posted the highest dollar trading volume among oil stocks recently.
  • These companies cover multiple segments of the oil value chain — upstream exploration and production, downstream/refining, oilfield services, chemicals, and midstream — offering varied exposure within the energy sector.
  • Their returns typically track crude oil prices and are sensitive to geopolitical events, supply/demand shifts, and regulatory changes, and MarketBeat provides individual research reports and related coverage for each ticker.
  • Five stocks to consider instead of Exxon Mobil.

Exxon Mobil, Chevron, SLB, ConocoPhillips, and Occidental Petroleum are the five Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of publicly traded companies whose primary businesses involve crude oil — including exploration and production, midstream transportation, refining, marketing, and oilfield services. Investors use them to gain exposure to the energy sector; their returns tend to be correlated with crude oil prices and are influenced by geopolitical events, supply/demand shifts, and regulatory changes. 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

SLB (SLB)

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.

Read Our Latest Research Report on SLB

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

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.

Read Our Latest Research Report on OXY

See Also

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

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