Top Oil Stocks To Consider - March 2nd

Key Points

• Exxon Mobil (XOM), Chevron (CVX) and Occidental Petroleum (OXY) are MarketBeat's top oil-stock picks for March 2, selected because they had the highest recent dollar trading volume among oil stocks.
• These companies provide direct exposure to the energy sector and oil-price movements through upstream, downstream and related services, making them sensitive to commodity prices, geopolitics and regulatory changes while often offering dividend income.
• Business footprints differ: Exxon and Chevron are integrated global majors (Chevron also emphasizes LNG and carbon-capture activities), whereas Occidental focuses on oil and gas production plus chemicals and midstream operations in the U.S., Middle East and North Africa.

Exxon Mobil, Chevron, and Occidental Petroleum are the three 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 and petroleum—including exploration and production (upstream), refining and marketing (downstream), and oilfield services and transportation. For investors, these stocks provide direct exposure to the energy sector and oil-price movements and tend to be affected by commodity prices, geopolitics, regulatory changes, and operational risks, often with higher cyclicality and potential dividend income. 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

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

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