Oil Stocks Worth Watching – August 19th

ServiceNow, Caterpillar, and Exxon Mobil are the three Oil stocks to watch today, according to MarketBeat’s stock screener tool. Oil stocks are shares of publicly traded companies involved in the exploration, production, refining or distribution of crude oil and petroleum products. Investors buy and sell these equities to gain exposure to the performance of the global oil industry and to benefit from price movements in the energy markets. Oil stocks’ values tend to correlate with changes in crude-oil prices, geopolitical events and shifts in energy demand. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

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.