Top Oil Stocks Worth Watching - August 16th

Key Points

• Seven oil stocks highlighted: ExxonMobil, Chevron, Marathon Petroleum, ConocoPhillips, Valero Energy, Phillips 66, and Enbridge recorded the highest recent dollar trading volume among oil stocks tracked by MarketBeat.
• The group spans the energy value chain, including upstream exploration and production (ExxonMobil, Chevron, and ConocoPhillips), refining and fuels (Marathon Petroleum, Valero, and Phillips 66), and energy infrastructure and pipelines (Enbridge).
• Oil-stock performance can be influenced by crude prices, global demand, production levels, geopolitical developments, and energy-policy changes.

ExxonMobil, Chevron, Marathon Petroleum, ConocoPhillips, Valero Energy, Phillips 66, and Enbridge are the seven Oil stocks to watch today, according to MarketBeat's stock screener tool. Oil stocks are shares of companies involved in exploring, producing, refining, transporting, or selling oil and related energy products. Their prices can be influenced by crude oil prices, production levels, global demand, geopolitical events, and changes in energy policy. 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

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

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

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

Enbridge (ENB)

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.

Read Our Latest Research Report on ENB

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