Promising Oil Stocks Worth Watching – January 11th

Chevron, Exxon Mobil, and Valero Energy are the three Oil stocks to watch today, according to MarketBeat’s stock screener tool. Oil stocks are shares of companies involved in the exploration, production, refining, transportation, or services related to crude oil and petroleum products—this includes integrated majors, independent producers, midstream operators, and oilfield services firms. Investors use oil stocks to gain exposure to movements in crude-oil prices and global energy demand; their returns are often cyclical and prone to volatility from commodity-price swings, geopolitics, and regulatory changes. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

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.

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.

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.