Oil Stocks To Follow Now - March 22nd

In March 2023, several oil stocks are gaining attention from investors due to their significant trading volumes and the overall dynamics of the oil and gas sector. According to recent analysis, ConocoPhillips, Exxon Mobil, Chevron, Schlumberger, Procter & Gamble, ServiceNow, and Archer-Daniels-Midland are among the top oil stocks to monitor.

ConocoPhillips (COP)

ConocoPhillips is involved in finding, producing, transporting, and marketing various energy products, including crude oil, natural gas, and liquefied natural gas across multiple countries. The company is known for its broad portfolio, which includes activities in unconventional and conventional oil plays as well as liquefied natural gas projects.

Exxon Mobil (XOM)

Exxon Mobil Corporation focuses on exploring and producing crude oil and natural gas globally. With its different business segments, it plays a crucial role in both upstream and downstream operations.

Chevron (CVX)

Chevron Corporation engages in integrated energy and chemicals operations worldwide. It is noted for its operations in crude oil and natural gas exploration, production, and transportation, including liquefied natural gas activities.

Schlumberger (SLB)

Schlumberger Limited provides technology to the energy sector and offers a range of services for reservoir performance and production systems.

Procter & Gamble (PG)

While commonly known for consumer goods, Procter & Gamble's relevance in the oil market comes from its need for raw materials and packaging solutions tied to petroleum products.

ServiceNow (NOW)

ServiceNow delivers intelligent workflow solutions that are sought after in various industries, including energy, contributing to operational efficiency and productivity.

Archer-Daniels-Midland (ADM)

Archer-Daniels-Midland plays a significant part in agricultural commodities but also has connections to energy through its processing and marketing of products derived from oilseeds.

Investors are closely watching these stocks due to their large trading volumes and strategic importance in the oil sector. Fluctuations in global oil prices and energy demand significantly influence their performance.

oil, stocks, investing