Top Oil Stocks To Watch Now - October 3rd

Key Points

• Five major oil stocks to watch include Exxon Mobil, Cheron, Occidental Petroleum, Valero Energy, and EOG Resources, all of which have experienced high trading volumes recently.
• Investing in oil stocks offers exposure to global oil price movements but comes with risks such as commodity-price volatility and regulatory changes.
• Each of these companies has its own operational focus, including exploration, production, refining, and marketing, contributing to their significant roles in the energy sector.

Exxon Mobil, Chevron, Occidental Petroleum, Valero Energy, and EOG Resources are the five Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of companies involved in the exploration, production, refining or distribution of crude oil. By buying these equities, investors gain direct exposure to movements in global oil prices and broader energy‐sector trends. While they can offer significant returns when oil prices rise, they also carry heightened risks from commodity‐price volatility, regulatory shifts and geopolitical events. 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

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

EOG Resources (EOG)

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.

Read Our Latest Research Report on EOG