Top Oil Stocks Worth Watching – April 24th

Chevron, SLB, and ExxonMobil are the three Oil stocks to watch today, according to MarketBeat’s stock screener tool. Oil stocks are shares of publicly traded companies whose businesses focus on exploration, production, refining, transportation and/or services related to crude oil and petroleum products. They give investors exposure to movements in oil prices and to industry-specific risks such as geopolitical events, regulatory changes and operational hazards. Some oil stocks are cyclical growth plays while others (particularly large integrated firms) may also be valued for dividend income. 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.

SLB (SLB)

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.

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.