Best Oil Stocks To Add to Your Watchlist – February 06th

EnLink Midstream, AltC Acquisition, Oklo, ServiceNow, Exxon Mobil, GE Vernova, and Chevron are the seven Oil stocks to watch today, according to MarketBeat’s stock screener tool. Oil stocks refer to shares of ownership in companies that are involved in the exploration, production, refining, and distribution of oil and related products. These stocks are traded on public stock exchanges and can be influenced by factors such as global oil prices, geopolitical events, and supply and demand dynamics within the oil industry. Investors may choose to include oil stocks in their portfolio as a way to potentially benefit from the performance of the oil industry. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

EnLink Midstream (ENLC)

EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services.

Shares of ENLC stock traded up $0.41 during trading hours on Thursday, reaching $14.56. The company’s stock had a trading volume of 95,115,676 shares, compared to its average volume of 3,910,954. The stock has a market capitalization of $6.65 billion, a P/E ratio of 69.33 and a beta of 2.43. EnLink Midstream has a one year low of $11.55 and a one year high of $16.40. The firm’s fifty day simple moving average is $14.66 and its 200 day simple moving average is $14.44. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 2.30.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Shares of NYSE ALCC traded up $3.61 during mid-day trading on Thursday, hitting $50.50. 26,730,427 shares of the stock traded hands, compared to its average volume of 723,393. AltC Acquisition has a 52 week low of $10.27 and a 52 week high of $18.80. The stock has a fifty day moving average price of $25.90 and a 200-day moving average price of $17.06.

Oklo (OKLO)

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

Oklo stock traded down $1.33 during mid-day trading on Thursday, hitting $49.17. The company had a trading volume of 15,390,219 shares, compared to its average volume of 22,275,516. The stock’s 50 day moving average price is $26.63 and its two-hundred day moving average price is $17.39. Oklo has a 12 month low of $5.35 and a 12 month high of $52.99.

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 NOW stock traded down $4.88 during mid-day trading on Thursday, hitting $1,022.18. The company’s stock had a trading volume of 670,105 shares, compared to its average volume of 1,677,796. The stock has a market cap of $210.57 billion, a price-to-earnings ratio of 149.62, a PEG ratio of 4.74 and a beta of 0.99. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.10 and a current ratio of 1.10. ServiceNow has a 52-week low of $637.99 and a 52-week high of $1,198.09. The business has a 50-day moving average price of $1,081.55 and a 200 day moving average price of $961.64.

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.

Exxon Mobil stock traded down $1.45 during mid-day trading on Thursday, reaching $108.43. 5,182,365 shares of the stock traded hands, compared to its average volume of 14,817,983. The business’s 50-day moving average is $109.78 and its 200-day moving average is $115.05. Exxon Mobil has a 12-month low of $100.42 and a 12-month high of $126.34. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. The stock has a market capitalization of $476.54 billion, a PE ratio of 13.83, a price-to-earnings-growth ratio of 2.79 and a beta of 0.89.

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

NYSE:GEV traded up $8.57 during mid-day trading on Thursday, hitting $376.50. 1,492,254 shares of the company traded hands, compared to its average volume of 4,079,440. The stock’s fifty day moving average price is $356.93 and its 200-day moving average price is $283.41. GE Vernova has a one year low of $115.00 and a one year high of $447.50. The firm has a market cap of $103.78 billion and a price-to-earnings ratio of 67.84.

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 NYSE CVX traded down $1.47 during mid-day trading on Thursday, reaching $151.52. The company’s stock had a trading volume of 3,114,373 shares, compared to its average volume of 7,771,339. The firm has a market capitalization of $272.29 billion, a PE ratio of 15.59, a P/E/G ratio of 1.29 and a beta of 1.11. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.07 and a quick ratio of 0.80. The stock has a fifty day moving average of $152.60 and a two-hundred day moving average of $150.90. Chevron has a 52 week low of $135.37 and a 52 week high of $167.11.