Promising Oil Stocks Worth Watching - September 23rd

Key Points

• Exxon Mobil, Caterpillar, AutoZone, Procter & Gamble, and Halliburton are identified as key oil stocks to monitor due to their significant recent trading volumes and involvement in the oil industry.
• Investing in these oil stocks allows investors to gain exposure to performance influenced by factors such as global supply and demand, geopolitical developments, and oil price fluctuations.
• These companies span various sectors, from crude oil exploration to construction and consumer goods, highlighting the diverse nature of investments within the oil market.

Exxon Mobil, Caterpillar, AutoZone, Procter & Gamble, and Halliburton are the five Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are equity securities issued by companies involved in the exploration, production, refining, transportation or marketing of crude oil and petroleum products. By buying these shares, investors gain exposure to the oil industry’s performance, which is driven by factors such as global supply and demand balances, geopolitical developments and fluctuations in oil prices. Major oil-stock issuers range from large integrated energy conglomerates to smaller independent producers. 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

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

Read Our Latest Research Report on CAT

AutoZone (AZO)

AutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.

Read Our Latest Research Report on AZO

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.

Read Our Latest Research Report on PG

Halliburton (HAL)

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.

Read Our Latest Research Report on HAL