Top Oil Stocks To Add to Your Watchlist – January 31st

AltC Acquisition, ServiceNow, EnLink Midstream, Chevron, and Exxon Mobil are the five Oil stocks to watch today, according to MarketBeat’s stock screener tool. Oil stocks refer to shares of ownership in companies engaged in the exploration, extraction, refining, distribution, and marketing of oil and gas products. These stocks represent ownership in companies within the energy sector and are influenced by factors such as oil prices, global demand for energy, and geopolitical events. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

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.

ALCC stock traded up $6.61 during midday trading on Friday, hitting $41.91. The company had a trading volume of 34,330,205 shares, compared to its average volume of 723,393. The stock’s 50 day moving average price is $24.24 and its 200 day moving average price is $16.02. AltC Acquisition has a 52 week low of $10.27 and a 52 week high of $18.80.

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 traded up $22.07 during mid-day trading on Friday, hitting $1,034.82. 1,365,203 shares of the company’s stock traded hands, compared to its average volume of 1,637,801. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average price is $1,084.47 and its 200-day moving average price is $952.71. ServiceNow has a 1 year low of $637.99 and a 1 year high of $1,198.09. The firm has a market capitalization of $213.17 billion, a P/E ratio of 151.44, a PEG ratio of 5.19 and a beta of 0.99.

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.

EnLink Midstream stock traded up $0.41 during mid-day trading on Friday, reaching $14.56. 95,115,676 shares of the stock traded hands, compared to its average volume of 3,910,954. The company has a debt-to-equity ratio of 2.30, a current ratio of 0.42 and a quick ratio of 0.42. EnLink Midstream has a 12-month low of $11.55 and a 12-month high of $16.40. The business’s 50-day moving average is $14.76 and its 200-day moving average is $14.42. The stock has a market capitalization of $6.65 billion, a PE ratio of 69.33 and a beta of 2.43.

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 $5.51 during midday trading on Friday, hitting $150.81. The company’s stock had a trading volume of 8,300,784 shares, compared to its average volume of 7,606,485. The firm has a market cap of $271.03 billion, a P/E ratio of 16.57, a price-to-earnings-growth ratio of 1.35 and a beta of 1.12. The company has a current ratio of 1.07, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. Chevron has a 12-month low of $135.37 and a 12-month high of $167.11. The business’s 50 day moving average is $153.46 and its two-hundred day moving average is $151.20.

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.

Shares of NYSE:XOM traded down $2.02 during trading on Friday, hitting $107.55. 8,658,706 shares of the stock traded hands, compared to its average volume of 14,765,720. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil has a 52-week low of $100.42 and a 52-week high of $126.34. The company has a market cap of $472.68 billion, a price-to-earnings ratio of 13.40, a P/E/G ratio of 2.84 and a beta of 0.91. The company has a fifty day moving average price of $110.66 and a two-hundred day moving average price of $115.29.