Best Oil Stocks To Follow Today – May 5th

Exxon Mobil, Chevron, TransDigm Group, BP, ServiceNow, N2OFF, and Occidental Petroleum are the seven 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, and distribution of crude oil and its byproducts. By buying these equities, investors gain exposure to the energy sector’s performance, which is heavily influenced by global supply and demand balances, geopolitical events, and regulatory changes. As a result, oil stocks can exhibit significant price volatility tied to fluctuations in crude?oil markets. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

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.

NYSE:XOM traded down $2.80 during mid-day trading on Monday, hitting $103.41. The stock had a trading volume of 6,964,135 shares, compared to its average volume of 15,687,778. The company’s 50 day simple moving average is $109.36 and its 200 day simple moving average is $111.61. The stock has a market cap of $447.27 billion, a price-to-earnings ratio of 13.21, a PEG ratio of 3.02 and a beta of 0.51. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $126.34.

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.

Shares of CVX traded down $3.01 during mid-day trading on Monday, reaching $135.49. The company’s stock had a trading volume of 4,794,053 shares, compared to its average volume of 7,957,977. The company has a current ratio of 1.07, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. The stock has a market cap of $238.54 billion, a P/E ratio of 13.98, a PEG ratio of 1.46 and a beta of 0.83. Chevron has a 1-year low of $132.04 and a 1-year high of $168.96. The business has a 50-day simple moving average of $149.76 and a two-hundred day simple moving average of $152.57.

TransDigm Group (TDG)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.

Shares of NYSE:TDG traded up $29.67 on Monday, hitting $1,479.95. The company had a trading volume of 337,099 shares, compared to its average volume of 256,824. The stock has a market cap of $83.00 billion, a price-to-earnings ratio of 52.17, a P/E/G ratio of 2.76 and a beta of 1.09. The stock has a 50 day moving average price of $1,348.86 and a 200 day moving average price of $1,320.32. TransDigm Group has a 1-year low of $1,176.31 and a 1-year high of $1,485.88.

BP (BP)

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.

Shares of BP stock traded up $0.71 during midday trading on Monday, hitting $28.83. 17,058,470 shares of the company were exchanged, compared to its average volume of 9,610,285. The firm has a market capitalization of $78.27 billion, a P/E ratio of 361.36, a PEG ratio of 1.12 and a beta of 0.51. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.97 and a current ratio of 1.25. BP has a 52 week low of $25.22 and a 52 week high of $39.48. The firm’s 50 day moving average price is $30.70 and its two-hundred day moving average price is $30.69.

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.

Shares of ServiceNow stock traded up $5.66 on Monday, hitting $983.02. The stock had a trading volume of 436,005 shares, compared to its average volume of 1,508,371. The stock has a market cap of $203.49 billion, a price-to-earnings ratio of 144.00, a price-to-earnings-growth ratio of 4.51 and a beta of 1.08. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15. ServiceNow has a twelve month low of $637.99 and a twelve month high of $1,198.09. The business’s 50 day moving average is $839.29 and its two-hundred day moving average is $968.74.

N2OFF (NITO)

N2OFF, Inc., an agri-food tech company, engages in the development and sale of eco-friendly green solutions for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with various oxidizing agent-based sanitizers and low concentrated fungicides for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay.

NITO traded up $0.48 during trading on Monday, hitting $0.77. The stock had a trading volume of 483,777,315 shares, compared to its average volume of 21,937,273. The company has a 50 day moving average price of $0.27 and a 200-day moving average price of $0.48. N2OFF has a one year low of $0.16 and a one year high of $3.49.

Occidental Petroleum (OXY)

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas.

Shares of OXY traded down $1.41 during midday trading on Monday, reaching $39.20. 8,500,733 shares of the stock were exchanged, compared to its average volume of 10,926,367. Occidental Petroleum has a twelve month low of $34.79 and a twelve month high of $65.78. The company has a market cap of $36.84 billion, a P/E ratio of 16.14 and a beta of 1.02. The stock’s 50 day simple moving average is $43.72 and its 200 day simple moving average is $47.59. The company has a quick ratio of 0.76, a current ratio of 0.95 and a debt-to-equity ratio of 0.95.