which crude oil stock to buy

A Closer Look at the Best Oil Stocks to Invest in

1. ConocoPhillips – Overall Best Oil Stock to Buy Now. The overall best oil stock to buy now for your portfolio is ConocoPhillips. ...
2. Marathon Petroleum – Top US-Based Oil & Gas Stock for Long-Term Growth. ...
3. Antero Resources – Best Oil Stock for Momentum. ...
4. ExxonMobil – Great Oil Stock to Own for Dividends. ...
5. BP – Diversify Your Oil Stock Investments Overseas. ...

More items...

Full Answer

What are the best oil stocks to buy?

Mar 16, 2022 · Among the crude oil stocks that are currently outperforming in the market are Exxon Mobil Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), and Shell plc (NYSE: SHEL). Our Methodology

How to invest in crude oil without buying it?

Mar 08, 2022 · That said, here are seven of the best oil stocks to buy in March: Chevron (NYSE: CVX) ConocoPhillips (NYSE: COP) Devon Energy (NYSE: DVN) EOG Resources (NYSE: EOG) ExxonMobil (NYSE: XOM) Phillips...

How can I buy crude oil shares?

Sep 29, 2021 · 52 Week Range -. Royal Dutch Shell plc, commonly known as Shell, is an Anglo-Dutch multinational oil and gas exploration, refining and marketing corporation headquartered in the Hague, Netherlands ...

Is now the time to buy oil stocks?

May 08, 2022 · A Canadian energy infrastructure giant. ExxonMobil. (NYSE: XOM) A large-scale, integrated oil supermajor. Phillips 66. (NYSE: PSX) A leading refining company with midstream, chemical, and ...

What is the best oil stock to buy right now?

Can you buy crude oil stock?

Is crude oil a good stock?

What are the best petroleum stocks to buy?

What is the stock symbol for WTI crude oil?

How do I buy WTI oil stock?

Is Exxon a good stock to buy?

How can I invest in oil with little money?

How can I buy crude oil?

Are oil stocks a good buy now?

What is the oil stock price?

How can I invest in gasoline?

How much did the storm cost Chevron?

The storm cost Chevron about $900 million in the quarter, but the oil giant still generated $850 million in excess cash after covering its capital expenditures and 5.2% dividend. Chevron once again raised its dividend and has averaged a 7% compound annual dividend growth over the past 34 years.

Is Marathon Petroleum a 7-11?

Marathon Petroleum recently closed a deal to sell its Speedway assets to 7-Eleven for $16.5 billion in after-tax proceeds. Shortly after closing, the Federal Trade Commission called the deal illegal, but Leggate says antitrust risk now lies with 7-Eleven.

1. Chevron (NYSE: CVX)

Dividends: The stock offers one of the highest dividend yields in the sector. Over the past five years, the lowest yield investors received was 3.23%, with the highest being 8.96%. The average yield on the stock has been a whopping 4.39%, which is impressive in any industry.

2. Exxon Mobil (NYSE: XOM)

Dividends: As with most successful energy companies, XOM investors are no strangers to impressive dividend payments. Over the past five years, the lowest yield experienced was 3.22%, with 11.07% being the maximum. The average dividend over the past half decade was a jaw-dropping 5.11%.

3. ConocoPhillips (NYSE: COP)

Dividends: While it’s not the strongest dividend payer on this list, the company offers respectable income. Over the past five years, the lowest yield on the stock was 1.40%, with the highest being 6.40%. The average over the past five years has been 2.58%.

4. Devon Energy (NYSE: DVN)

Dividends: This stock doesn’t take the top spot as far as dividend payments go, but it’s dividends provide meaningful income. Over the past five years, its high and low yields have been 6.65% and 0.54%, respectively, with the average yield over this term being 1.53%.

5. Pioneer Natural Resources (NYSE: PXD)

Dividends: Unfortunately, Pioneer isn’t one of the best dividend payers, but investors can expect to generate moderate income through their investments. Over the past five years, the highest yield has been 2.70% and the lowest was 0.04%. The average yield investors enjoyed over the past five years was just 0.66%.

6. Royal Dutch Shell (NYSE: RDS.A)

Dividends: Royal Dutch Shell is one of the largest dividend payers on the market today, in the energy space or otherwise. Over the past five years, the lowest yield investors have had to accept has been 3.10%, with the highest clocking in at a whopping 19.20%. On average, the yield on the stock has been 6.45%.

7. Schlumberger (NYSE: SLB)

Dividends: While it’s not always consistent, the stock is known for offering compelling dividends. Over the past five years, the lowest yield on the stock has been 1.37%, with the highest at 16.60%. On average over the past five years, the yield has been 4.37%.

What to look for in oil stocks?

Features to Look for in Crude Oil Stocks 1 Supporting fundamentals: As one of the critical bellwethers of the economy, oil stocks provide a real-time indicator of consumer sentiment. For instance, if the labor market is booming, this should result in higher traffic statistics, which in turn bolsters oil demand. As well, more money in the hands of consumers will lead to both domestic and international travel, which is incredibly bullish for the sector. 2 Technical momentum: Generally, you don’t want to buy oil stocks if most investors feel jittery about the sector or consumer sentiment. In these cases, you may see price action among benchmark oil stocks that is pensive or chaotic. If so, you’ll want to consult common technical patterns to gauge potential downside risk. 3 Fiscal growth: If the broader economic fundamentals are supportive of oil stocks and chart patterns confirm the optimism, at some point, the bullishness should reflect in stronger revenue and earnings per share for your prospective companies. Without this data, you may want to rethink the target firms’ investment propositions.

Why are oil stocks important?

Supporting fundamentals: As one of the critical bellwethers of the economy, oil stocks provide a real-time indicator of consumer sentiment. For instance, if the labor market is booming, this should result in higher traffic statistics, which in turn bolsters oil demand.

Is Sunoco a fuel company?

Sunoco (NYSE: SUN) As one of the largest fuel distribution companies in the U.S., Sunoco is one of the top ideas to consider if you’re banking on an economic recovery (or at least a consumer-level recovery).

What is Robinhood trading?

Robinhood is the broker for traders who want a simple, easy-to-understand layout without all the bells and whistles other brokers offer. Though its trading options and account types are limited, even an absolute beginner can quickly master Robinhood’s intuitive and streamlined platform. On the other hand, more advanced traders might be frustrated by Robinhood’s lack of technical analysis tools, a feature that’s now nearly universal across other platforms.

Does Benzinga recommend investing in stocks?

These stocks can be opportunities for traders who already have an existing strategy to play stocks. Benzinga does not recommend trading or invest ing in low -priced stocks if you haven’t had at least a couple of years of experience in the stock market. For a full statement of our disclaimers, please click here.

Does Benzinga recommend trading?

Benzinga does not recommend trading or investing in low-priced stocks if you haven’t had at least a couple of years of experience in the stock market. For a full statement of our disclaimers, please click here. Get 4 FREE stocks valued up to $3700! claim now. Get 4 FREE stocks valued up to $3700!

What is oil company?

An oil company is an entity engaged in at least one of the following three activities: Upstream exploration and production (E&P) of oil and natural gas, as well as oilfield services. Midstream transportation, processing, and storage of oil and related liquids, including refined petroleum products and natural gas liquids (NGLs) ...

How does oil demand grow?

Oil demand grows along with the growth of the economy, which, when robust, can support rising oil prices and oil producer profitability. However, geopolitics and capital allocation also play crucial roles in the industry.

Why are oil companies important?

Oil companies are crucial to the global economy as it is currently structured because they provide fossil fuels for transportation and power, as well as the core ingredients of petrochemicals, which are used to make plastic and rubber. However, the oil industry is highly competitive and volatile. That volatility was on full display in 2020 as crude ...

Is oil a risk?

The oil industry is inherently risky for investors. While each segment of the industry has a specific set of risk factors, the overall oil business is both cyclical and volatile. Oil demand grows along with the growth of the economy, which, when robust, can support rising oil prices and oil producer profitability.

Is oil cyclical or volatile?

While each segment of the industry has a specific set of risk factors, the overall oil business is both cyclical and volatile. Oil demand grows along with the growth of the economy, which, when robust, can support rising oil prices and oil producer profitability.

Why can't oil companies increase their supply?

Since the lead time is long to develop new oil and gas assets , oil companies cannot quickly increase their supplies in response to favorable market conditions. Given the volatility in oil prices, an oil company must have three crucial characteristics to survive the industry's inevitable downturns.

Is the oil market fragile?

The oil market can be quite fragile, with a slight imbalance between supply and demand often causing it to go haywire. That was abundantly evident in early 2020 as the COVID-19 pandemic sent the sector into a tailspin. As a result, investors need to be careful when choosing oil stocks.