Oil Stocks To Follow Now - March 22nd

As the global demand for energy continues to develop, investors are closely monitoring key players in the oil industry. Today, there are seven oil stocks that stand out as noteworthy options for consideration. These stocks include ConocoPhillips, Exxon Mobil, Chevron, Schlumberger, Procter & Gamble, ServiceNow, and Archer-Daniels-Midland. The oil stock category comprises shares from companies involved in various aspects of the oil and petroleum sector, including exploration, extraction, production, refining, and distribution. The performance of these stocks is often closely tied to the fluctuations in global oil prices and the overall demand for energy.

ConocoPhillips (COP)

ConocoPhillips is active in exploring, producing, transporting, and marketing crude oil, natural gas, and related products across multiple regions including the United States, Canada, China, and more. The company boasts a diverse portfolio that includes unconventional plays and global LNG developments. Recently, shares of ConocoPhillips traded at $102.05, with a significant volume of 55,090,100 shares exchanged, well above its average trading volume.

Exxon Mobil (XOM)

Exxon Mobil Corporation is a major player in the exploration and production of oil and gas. The company operates in various segments including upstream and downstream energy products. On the trading front, Exxon Mobil's shares reached $115.30, with a trading volume of over 41 million shares, reflecting strong interest from investors.

Chevron (CVX)

Chevron Corporation is involved in integrated energy operations globally, focusing on the exploration and production sites as well as downstream activities. Their stocks traded at $164.37, with a noteworthy trading volume of over 21 million shares on a recent trading day.

Schlumberger (SLB)

Schlumberger Limited provides technology and services for the energy industry. Shares traded recently at $41.09, showing active market participation with more than 73 million shares exchanged.

Procter & Gamble (PG)

Procter & Gamble Co., although primarily known for its consumer goods, shows strong market connections with oil-related products. Shares traded at $166.60, reflecting the company's stability in a fluctuating market.

ServiceNow (NOW)

ServiceNow, Inc. focuses on intelligent workflow automation. Recently, shares traded up to $827.92, signaling continued investor interest in its innovative solutions in the tech landscape.

Archer-Daniels-Midland (ADM)

Archer-Daniels-Midland Company deals with the processing and merchandising of agricultural and food products, showing ties in commodity markets. The stock recently traded at $46.21, with significant trading volume around 50 million shares.

These seven oil stocks exhibit potential for both growth and value amid changing economic conditions. As investors analyze these opportunities, watching the market trends and understanding the specific dynamics of each company will be crucial for informed decision-making.

Oil, Energy, Stocks