Promising Oil Stocks Worth Watching - July 16th

Key Points

• ExxonMobil, Chevron, Valero Energy, Phillips 66, and Marathon Petroleum were identified as the five oil stocks worth watching, based on MarketBeat's screen for the highest recent dollar trading volume.
• The article frames these companies as major ways investors gain exposure to oil price movements, global demand, and broader energy market conditions, since they span exploration, production, refining, and logistics.
• Each company operates in a different part of the energy value chain, with ExxonMobil and Chevron focused on upstream production, while Valero, Phillips 66, and Marathon Petroleum are more concentrated in refining, marketing, and midstream operations.

ExxonMobil, Chevron, Valero Energy, Phillips 66, and Marathon Petroleum are the five Oil stocks to watch today, according to MarketBeat's stock screener tool. “Oil stocks” are shares of publicly traded companies involved in the oil and gas industry, such as exploration, production, refining, and distribution. For stock market investors, the term usually refers to these energy-company stocks as a way to gain exposure to changes in oil prices, global demand, and energy market conditions. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

ExxonMobil (XOM)

ExxonMobil 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

Valero Energy (VLO)

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.

Read Our Latest Research Report on VLO

Phillips 66 (PSX)

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas.

Read Our Latest Research Report on PSX

Marathon Petroleum (MPC)

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services.

Read Our Latest Research Report on MPC

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