Best Oil Stocks to buy | Oil Companies To Invest In - TipRanks - TipRanks.com (2024)

Exxon Mobil

$103.31

$1.54

(1.51%)

11.10M$406.75B

$125.75

(21.72% Upside)

11 Buy

6 Hold

0 Sell

Moderate Buy

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Chevron

$152.45

$1.41

(0.93%)

4.11M$284.26B

$176.63

(15.86% Upside)

10 Buy

6 Hold

0 Sell

Moderate Buy

premium

Conocophillips

$111.124.15M$131.99B

$136.74

(23.06% Upside)

15 Buy

4 Hold

0 Sell

Strong Buy

premium

EOG Resources

$112.95

$1.9

(1.71%)

2.66M$64.76B

$145.47

(28.79% Upside)

9 Buy

7 Hold

0 Sell

Moderate Buy

premium

Occidental Petroleum

$58.08

$0.61

(1.06%)

6.37M$50.43B

6 Buy

7 Hold

0 Sell

Moderate Buy

premium

TotalEnergies

$64.78

$0.47

(0.73%)

2.85M$151.31B

$79.01

(21.97% Upside)

2 Buy

3 Hold

0 Sell

Moderate Buy

premium

BP

$36.51

$0.145

(0.4%)

5.07M$102.54B

$39.81

(9.05% Upside)

5 Buy

4 Hold

0 Sell

Moderate Buy

premium

Pioneer Natural

$229.60

$2.38

(1.05%)

1.59M$53.08B

$257.00

(11.93% Upside)

3 Buy

7 Hold

1 Sell

Hold

premium

Schlumberger

$48.22

$1.135

(2.41%)

7.49M$67.20B

$68.60

(42.28% Upside)

10 Buy

0 Hold

0 Sell

Strong Buy

premium

Best Oil Stocks to buy | Oil Companies To Invest In - TipRanks - TipRanks.com (2024)

FAQs

Best Oil Stocks to buy | Oil Companies To Invest In - TipRanks - TipRanks.com? ›

Amazon (AMZN) E-commerce giant Amazon (NASDAQ:AMZN) is a top pick among analysts. A total of 41 Wall Street professionals give the stock a consensus strong buy rating with a median price target of $220.00 per share. The price target is 18% higher than current levels.

What stock has the most strong buy ratings? ›

Amazon (AMZN) E-commerce giant Amazon (NASDAQ:AMZN) is a top pick among analysts. A total of 41 Wall Street professionals give the stock a consensus strong buy rating with a median price target of $220.00 per share. The price target is 18% higher than current levels.

What is the best platform to buy oil stocks? ›

FP Markets

The broker offers trading in currencies, commodities, indices, ETFs, stocks, futures, and cryptocurrencies. FP Markets provides access to both CFD and ETF exposure to oil markets. Our tests indicated that FP Markets spreads for WTI oil were 0.04 pips which is average for the market.

What should I look for in oil stocks? ›

Price-to-cash flow ratio of less than 5.

Oil stocks with a favorable ratio of their overall market value to this cash flow tend to be more fairly valued, so investors won't be overpaying for the stock. In the energy sector, a ratio of less than 5 for price-to-cash flow is better than average.

Is it good to buy oil stocks? ›

Oil companies are facing short-term turbulence amid geopolitical risks, inflation-related worries and recession fears. While oil stocks like Exxon Mobil Corp (NYSE:XOM) and Chevron Corp (NYSE:CVX) may face weakness in the short term, analysts believe long-term catalysts make oil stocks attractive for investors.

What is the hottest stock to buy right now? ›

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Company (ticker)Analysts' consensus recommendation scoreAnalysts' consensus recommendation
Amazon.com (AMZN)1.29Strong Buy
Nvidia (NVDA)1.33Strong Buy
Microsoft (MSFT)1.33Strong Buy
Bio-Techne (TECH)1.39Strong Buy
21 more rows

What is the most reliable stock to buy? ›

  • Best safe stocks to buy.
  • Berkshire Hathaway.
  • The Walt Disney Company.
  • Vanguard High-Dividend Yield ETF.
  • Procter & Gamble.
  • Vanguard Real Estate Index Fund.
  • Starbucks.
  • Apple.

What is the best oil company stock to buy? ›

Best-performing oil stocks
TickerCompanyPerformance (1 Year)
MPCMarathon Petroleum Corp48.95%
FANGDiamondback Energy Inc45.47%
PSXPhillips 6644.66%
VLOValero Energy Corp.39.42%
1 more row
May 1, 2024

Which oil stock is Warren Buffett buying? ›

Warren Buffett loves Occidental Petroleum, which he's likened to other "forever stocks" in his portfolio. However, that doesn't necessarily mean it's the right oil stock for you. It has a higher risk profile than Chevron, which will only increase after it closes its debt-funded deal for CrownRock.

Which oil stock pays the highest dividend? ›

Top oil and gas companies by dividend yield
#NameDividend %
1SandRidge Energy 1SD27.49%
2Diversified Energy 2DEC.L24.55%
3Ecopetrol 3EC20.43%
4Petrobras 4PBR18.61%
57 more rows

What oil stocks have massive upsides? ›

Compare the best oil companies
Company (Ticker)SectorYTD Performance
Marathon Petroleum Corp (MPC)Energy21.53%
Enterprise Products Partners (EPD)Energy7.95%
Imperial Oil (IMO)Energy20.01%
Tenaris (TS)Energy−1.56%
3 more rows

What is the best way to invest in oil? ›

Different ways to invest in oil

Avenues include buying stocks of oil and gas companies, such as producers, refiners and master limited partnerships (MLPs). Mutual funds and exchange traded funds (ETFs) can make this process easier by wrapping multiple stocks into one pooled investment.

Is Exxon a good stock to buy? ›

The highest analyst price target is $140.00 ,the lowest forecast is $111.00. The average price target represents 12.62% Increase from the current price of $111.27. Exxon Mobil's analyst rating consensus is a Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

Is Chevron a good stock to buy? ›

Based on 14 Wall Street analysts offering 12 month price targets for Chevron in the last 3 months. The average price target is $187.31 with a high forecast of $206.00 and a low forecast of $156.00. The average price target represents a 13.96% change from the last price of $164.36.

Do oil stocks go up if oil prices go up? ›

How can rising crude oil prices affect the Indian stock market? For now, experts do not see crude oil prices impacting domestic market sentiment. However, they agree that if crude oil prices rise and sustain above the $90 per barrel mark, they can negatively impact the overall market sentiment.

Will oil stocks go up in 2024? ›

Much of the sector's advance in 2024 has been driven by rising crude-oil prices, which settled at their highest levels since October on Thursday. Brent crude (BRN00) settled at north of $90 a barrel on Thursday, while West Texas Intermediate crude (CL00) settled above $86 a barrel, according to FactSet data.

What is the most successful stock predictor? ›

1. AltIndex – Overall Most Accurate Stock Predictor with Claimed 72% Win Rate. From our research, AltIndex is the most accurate stock predictor to consider today. Unlike other predictor services, AltIndex doesn't rely on manual research or analysis.

What is the most successful stock to invest in? ›

Best stocks by one-year performance
CompanyPerformance (Year)
Meta Platforms Inc (META)100.08%
Eaton Corporation plc (ETN)97.65%
GE Aerospace (GE)97.07%
Micron Technology Inc. (MU)96.79%
17 more rows

What are 5 star rated stocks? ›

A 5-star rating means the stock is undervalued and trading at an attractive discount relative to its fair value estimate. Subscribe to Morningstar Investor to see what companies are trading at a discount.

What is a strong buy in the stock market? ›

A strong buy is a recommendation given by analysts for a stock that is expected to dramatically outperform the average market return and/or the return of comparable stocks in the same sector or industry. It represents an analyst's emphatic endorsem*nt of a stock. A strong buy can be contrasted with a strong sell.

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