Oils/Energy Stocks List

This page shows information about the 50 largest oils/energy stocks including Exxon Mobil, Chevron, Royal Dutch Shell, and TotalEnergies. Learn more about energy and oil stocks.

#1 - Exxon Mobil

NYSE:XOM
Stock Price: $101.77 (-$2.20)
Market Cap: $403.31 billion
P/E Ratio: 11.4
Dividend Yield: 3.73%
Consensus Rating: Moderate Buy (10 Buy Ratings, 8 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $127.53 (25.3% Upside)

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. The Energy Products segment offers fuels, aromatics, and catalysts, as well as licensing services. The Chemical Products segment manufactures and markets petrochemicals including olefins, polyolefins, and intermediates. The Specialty Products segment offers performance products, including lubricants, basestocks, waxes, synthetics, elastomers, and resins. The company is involved in the manufacturing, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; and pursuit lower-emission business opportunities including carbon capture and storage, hydrogen, and lower-emission fuels. Exxon Mobil Corporation was founded in 1870 and is headquartered in Spring, Texas.

#2 - Chevron

NYSE:CVX
Stock Price: $151.04 (-$3.02)
Market Cap: $285.13 billion
P/E Ratio: 13.3
Dividend Yield: 4.00%
Consensus Rating: Moderate Buy (12 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $180.95 (19.8% Upside)

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; liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and processing, transportation, storage, and marketing of natural gas, as well as a gas-to-liquids plant. The Downstream segment refines crude oil into petroleum products; markets crude oil, refined products, and lubricants; manufactures and markets renewable fuels; transports crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufactures and markets commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.

#3 - Royal Dutch Shell

NYSE:RDS.A
Stock Price: $51.04
Market Cap: $199.25 billion
P/E Ratio: 44.0
Dividend Yield: 3.76%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles and marine vessels. In addition, it trades in and refines crude oil and other feed stocks, such as gasoline, diesel, heating oil, aviation fuel, marine fuel, biofuel, lubricants, bitumen, and sulphur; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Royal Dutch Shell plc was founded in 1907 and is headquartered in The Hague, the Netherlands.

#4 - TotalEnergies

NYSE:TTE
Stock Price: $64.31 (+$0.12)
Market Cap: $157.85 billion
P/E Ratio: 7.4
Dividend Yield: 3.72%
Consensus Rating: Hold (1 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $60.67 (-5.7% Upside)

TotalEnergies SE, a multi-energy company, produces and markets fuels, natural gas, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through Integrated Gas, Renewables & Power; Exploration & Production; Refining & Chemicals; and Marketing & Services segments. The Integrated Gas, Renewables & Power segment engages in integrated gas, including liquified natural gas (LNG), and low carbon electricity businesses; and upstream and midstream LNG activities. Its Exploration & Production segment offers carbon storage and nature-based solutions. The Refining & Chemicals segment provides refining, petrochemicals, and specialty chemicals; and supply and trading of oil, and marine shipping services. Its Marketing & Services segment engages in the supply and marketing of petroleum products. TotalEnergies SE was formerly known as TOTAL SE and changed its name to TotalEnergies SE in June 2021. The company was founded in 1924 and is headquartered in Courbevoie, France.

#5 - ConocoPhillips

NYSE:COP
Stock Price: $111.16 (-$2.74)
Market Cap: $131.99 billion
P/E Ratio: 12.3
Dividend Yield: 2.09%
Consensus Rating: Moderate Buy (13 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $134.33 (20.8% Upside)

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.

#6 - BP

NYSE:BP
Stock Price: $36.36 (+$0.15)
Market Cap: $104.15 billion
P/E Ratio: 7.1
Dividend Yield: 4.74%
Consensus Rating: Hold (4 Buy Ratings, 3 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $42.25 (16.2% Upside)

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. In addition, the company involved in convenience and retail fuel, EV charging, Castrol lubricant, aviation, B2B, and midstream businesses; refining and oil trading; and bioenergy business. Further, it engages in power and storage, digital transformation, carbon management, and bio and low carbon related products, as well as energy and environmental commodities and mobility businesses. The company was founded in 1908 and is headquartered in London, the United Kingdom.

#7 - PetroChina

NYSE:PTR
Stock Price: $0.00
Market Cap: $85.75 billion
P/E Ratio: 4.6
Dividend Yield: 5.44%
Consensus Rating: Buy (1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Exploration and Production, Refining and Chemicals, Marketing, and Natural Gas and Pipeline segments. The Exploration and Production segment engages in the exploration, development, production, and marketing of crude oil and natural gas. The Refining and Chemicals segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment is involved in marketing of refined products and trading business. The Natural Gas and Pipeline segment engages in the transmission of natural gas, crude oil, and refined products; and sale of natural gas. As of December 31, 2021, the company had a total length of 26,076 km, including 17,329 km of natural gas pipelines, 7,340 km of crude oil pipelines, and 1,407 km of refined product pipelines. The company is also involved in the exploration, development, and production of oil sands and coalbed methane; trading of crude oil and petrochemical products; storage, chemical engineering, storage facilities, service station, and transportation facilities and related businesses; and production and sales of basic and derivative chemical, and other chemical products. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation.

#8 - Equinor ASA

NYSE:EQNR
Stock Price: $26.20 (-$0.17)
Market Cap: $81.79 billion
P/E Ratio: 6.7
Dividend Yield: 3.89%
Consensus Rating: Reduce (3 Buy Ratings, 3 Hold Ratings, 5 Sell Ratings)
Consensus Price Target: $28.00 (6.9% Upside)

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company also transports, processes, manufactures, markets, and trades in oil and gas commodities, such as crude and condensate products, gas liquids, natural gas, and liquefied natural gas; markets and trades in power and emissions; operates refineries, terminals and processing, and power plants; and develops low carbon solutions for oil and gas. In addition, it develops carbon capture and storage projects; provides transportation solutions, including pipelines, shipping, trucking, and rail; and develops and explores for renewable energy, such as offshore wind, green hydrogen, and solar power. The company was formerly known as Statoil ASA and changed its name to Equinor ASA in May 2018. Equinor ASA was incorporated in 1972 and is headquartered in Stavanger, Norway.

#9 - Enbridge

NYSE:ENB
Stock Price: $34.23 (-$0.12)
Market Cap: $72.76 billion
P/E Ratio: 16.3
Dividend Yield: 7.59%
Consensus Rating: Hold (2 Buy Ratings, 6 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $55.20 (61.3% Upside)

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States. The Gas Transmission and Midstream segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in the natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates power generating assets, such as wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The Energy Services segment provides physical commodity marketing and logistical services to refiners, producers, and other customers in Canada and the United States. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

#10 - Schlumberger

NYSE:SLB
Stock Price: $47.08 (-$0.71)
Market Cap: $67.20 billion
P/E Ratio: 16.1
Dividend Yield: 2.12%
Consensus Rating: Buy (13 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $70.67 (50.1% Upside)

Schlumberger Limited engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; open and cased hole services; exploration and production pressure, and flow-rate measurement services; and pressure pumping, well stimulation, and coiled tubing equipment solutions. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well cementing products and services; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift production equipment and optimization services; supplies packers, safety valves, sand control technology, and various intelligent well completions technology and equipment; designs and manufactures valves, chokes, actuators, and surface trees; and OneSubsea an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

#11 - Canadian Natural Resources

NYSE:CNQ
Stock Price: $60.82 (+$0.24)
Market Cap: $65.26 billion
P/E Ratio: 12.8
Dividend Yield: 4.85%
Consensus Rating: Hold (2 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $94.00 (54.6% Upside)

Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). The company's midstream assets include two pipeline systems; and a 50% working interest in an 84-megawatt cogeneration plant at Primrose. It operates primarily in Western Canada; the United Kingdom portion of the North Sea; and Offshore Africa. The company was formerly known as AEX Minerals Corporation and changed its name to Canadian Natural Resources Limited in December 1975. Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.

#12 - EOG Resources

NYSE:EOG
Stock Price: $111.05 (-$2.01)
Market Cap: $64.76 billion
P/E Ratio: 8.3
Dividend Yield: 3.28%
Consensus Rating: Moderate Buy (13 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $143.50 (29.2% Upside)

EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil, and natural gas and natural gas liquids. Its principal producing areas are in New Mexico and Texas in the United States; and the Republic of Trinidad and Tobago. The company was formerly known as Enron Oil & Gas Company. EOG Resources, Inc. was incorporated in 1985 and is headquartered in Houston, Texas.

#13 - Marathon Petroleum

NYSE:MPC
Stock Price: $169.97 (+$0.29)
Market Cap: $64.54 billion
P/E Ratio: 7.2
Dividend Yield: 1.94%
Consensus Rating: Moderate Buy (9 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $163.00 (-4.1% Upside)

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane, petrochemicals, and natural gas liquids. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. The company was founded in 1887 and is headquartered in Findlay, Ohio.

#14 - Phillips 66

NYSE:PSX
Stock Price: $145.66 (-$1.16)
Market Cap: $64.08 billion
P/E Ratio: 9.4
Dividend Yield: 2.88%
Consensus Rating: Moderate Buy (11 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $138.21 (-5.1% Upside)

Phillips 66 operates as an energy manufacturing and logistics company in the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.

#15 - Enterprise Products Partners

NYSE:EPD
Stock Price: $26.23 (-$0.02)
Market Cap: $56.97 billion
P/E Ratio: 10.4
Dividend Yield: 7.85%
Consensus Rating: Moderate Buy (10 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $31.92 (21.7% Upside)

Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offers natural gas processing and related NGL marketing services. It operates natural gas processing facilities located in Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming; NGL pipelines; NGL fractionation facilities; NGL and related product storage facilities; and NGL marine terminals. The Crude Oil Pipelines & Services segment operates crude oil pipelines; and crude oil storage and marine terminals, which include a fleet of 245 tractor-trailer tank trucks that are used to transport crude oil. It also engages in crude oil marketing activities. The Natural Gas Pipelines & Services segment operates natural gas pipeline systems to gather, treat, and transport natural gas. It leases underground salt dome natural gas storage facilities in Napoleonville, Louisiana; owns an underground salt dome storage cavern in Wharton County, Texas; and markets natural gas. The Petrochemical & Refined Products Services segment operates propylene fractionation and related marketing activities; butane isomerization complex and related deisobutanizer operations; and octane enhancement and high purity isobutylene production facilities. It also operates refined products pipelines and terminals; and ethylene export terminals, as well as provides refined products marketing and marine transportation services. Enterprise Products Partners L.P. founded in 1968 and is headquartered in Houston, Texas.

#16 - China Petroleum & Chemical

NYSE:SNP
Stock Price: $0.00
Market Cap: $55.28 billion
P/E Ratio: 4.7
Dividend Yield: 18.07%
Consensus Rating: Hold (0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products. It also owns and operates oil depots and service stations; and distributes and sells refined petroleum products, including gasoline and diesel through wholesale and retail sales networks. In addition, the company manufactures and sells petrochemical and derivative petrochemical products; and other chemical products, such as basic organic chemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers. Further, it is involved in the exploration, production, and sale of petroleum and natural gas; production, storage, and sale of petrochemical and coal chemical products; import and export of petroleum products, natural gas, petrochemical, and chemical products; production and sale of catalyst products, lubricant base oil, polyester chips and fibers, plastics, and intermediate petrochemical products; research, development, production, and sale of ethylene and downstream byproducts; provision of geophysical exploration, drilling, survey, logging, downhole operational services, and construction services, as well as crude oil jetty services and natural gas pipeline transmission services; manufacturing production equipment; and coal chemical industry investment management activities. The company was incorporated in 2000 and is headquartered in Beijing, China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.

#17 - ENI

NYSE:E
Stock Price: $30.79 (-$0.19)
Market Cap: $54.98 billion
P/E Ratio: 9.3
Dividend Yield: 4.55%
Consensus Rating: Hold (1 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Eni S.p.A. operates as an integrated energy company worldwide. It engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. The company operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Refining & Marketing and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The Exploration & Production segment engages in research, development, and production of oil, condensates, and natural gas; and forestry conservation and CO2 capture and storage projects. The GGP segment is involved in the supply and sale of wholesale natural gas through pipeline; and international transport, and purchase and marketing of liquefied natural gas. The Refining & Marketing and Chemicals segment supplies, processes, distributes, and markets fuels and chemicals. The Plenitude & Power segment engages in the retail sale of gas, electricity, and related services; production and wholesale sale of electricity from thermoelectric and renewable plants; and provision of services for E-mobility. The Corporate and Other Activities segment is involved in the research and development, new technologies, business digitalization, and environmental activities. The company was founded in 1953 and is headquartered in Rome, Italy.

#18 - Occidental Petroleum

NYSE:OXY
Stock Price: $57.47 (-$0.58)
Market Cap: $50.59 billion
P/E Ratio: 12.6
Dividend Yield: 1.24%
Consensus Rating: Hold (7 Buy Ratings, 8 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $70.29 (22.3% Upside)

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, North Africa, and Latin America. 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. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

#19 - Valero Energy

NYSE:VLO
Stock Price: $143.06 (+$1.26)
Market Cap: $48.70 billion
P/E Ratio: 5.8
Dividend Yield: 2.99%
Consensus Rating: Moderate Buy (9 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $153.62 (7.4% Upside)

Valero Energy Corporation manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol. The company produces California Reformulated Gasoline Blendstock for Oxygenate Blending and Conventional Blendstock for Oxygenate Blending gasolines, CARB diesel, diesel, jet fuel, and asphalt; aromatics; and sulfur crude oils. It sells its refined products through wholesale rack and bulk markets; and through approximately outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The company also produces and sells ethanol, dry distiller grains, syrup, and inedible corn oil primarily to animal feed customers. In addition, it owns and operates crude oil and refined petroleum products pipelines, terminals, tanks, marine docks, truck rack bays, and other logistics assets; and owns and operates a plant that processes animal fats, used cooking oils, and inedible distillers corn oils. The company was formerly known as Valero Refining and Marketing Company and changed its name to Valero Energy Corporation in August 1997. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.

#20 - Energy Transfer

NYSE:ET
Stock Price: $13.94 (+$0.03)
Market Cap: $43.84 billion
P/E Ratio: 13.2
Dividend Yield: 9.04%
Consensus Rating: Buy (4 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $16.57 (18.9% Upside)

Energy Transfer LP provides energy-related services. The company owns and operates approximately 11,600 miles of natural gas transportation pipeline, and three natural gas storage facilities in Texas and two natural gas storage facilities located in the state of Texas and Oklahoma; and 19,945 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users. The company owns and operates natural gas gathering and natural gas liquid (NGL) pipeline, processing plant, and treating and conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, Ohio, Oklahoma, Arkansas, Kansas, and Louisiana; natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas; and a natural gas gathering system in Ohio, as well as transport and supplies water to natural gas producer in Pennsylvania. It owns approximately 5,650 miles of NGL pipeline; NGL fractionation facilities; NGL storage facilities with working storage capacity of approximately 58 million barrels (MMBbls); and other NGL storage assets and terminal with an aggregate storage capacity of approximately 25 MMBbls. The company provides crude oil transportation, terminalling, acquisition, and marketing activities; and sells and distributes gasoline, middle distillate, and motor fuels and other petroleum product. It offers natural gas compression service; carbon dioxide and hydrogen sulfide removal service; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalty, and generate electrical power. The company was formerly known as Energy Transfer Equity, L.P. and changed its name to Energy Transfer LP in October 2018. Energy Transfer LP was founded in 1996 and is headquartered in Dallas, Texas.

#21 - Hess

NYSE:HES
Stock Price: $142.07 (-$4.20)
Market Cap: $43.64 billion
P/E Ratio: 31.6
Dividend Yield: 1.23%
Consensus Rating: Hold (5 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $172.71 (21.6% Upside)

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.

#22 - Constellation Energy

NASDAQ:CEG
Stock Price: $132.17 (+$1.45)
Market Cap: $42.21 billion
P/E Ratio: 25.4
Dividend Yield: 0.85%
Consensus Rating: Moderate Buy (4 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $108.63 (-17.8% Upside)

Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, and other energy-related products and services. The company has approximately 32,355 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland.

#23 - Suncor Energy

NYSE:SU
Stock Price: $32.13 (-$0.11)
Market Cap: $41.46 billion
P/E Ratio: 7.0
Dividend Yield: 5.00%
Consensus Rating: Moderate Buy (4 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $52.00 (61.8% Upside)

Suncor Energy Inc. operates as an integrated energy company in Canada and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products. This segment also engages in syncrude oil sands mining and upgrading operations; and marketing, supply, transportation, and risk management of crude oil, natural gas, power, and byproducts. The Exploration and Production segment is involved in offshore operations in the East Coast of Canada. The Refining and Marketing segment refines crude oil and petrochemical products; and markets, transports, and manages refined and petrochemical products, and other purchased products through the retail and wholesale networks. This segment also involved in trading of crude oil, natural gas, and power. The company was formerly known as Suncor Inc. and changed its name to Suncor Energy Inc. in April 1997. Suncor Energy Inc. was founded in 1917 and is headquartered in Calgary, Canada.

#24 - Williams Companies

NYSE:WMB
Stock Price: $34.03 (-$0.01)
Market Cap: $41.40 billion
P/E Ratio: 15.3
Dividend Yield: 5.26%
Consensus Rating: Hold (4 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $36.50 (7.3% Upside)

The Williams Companies, Inc., together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines. The Northeast G&P segment engages in the midstream gathering, processing, and fractionation activities in the Marcellus Shale region primarily in Pennsylvania and New York, and the Utica Shale region of eastern Ohio. The West segment comprises gas gathering, processing, and treating operations in the Rocky Mountain region of Colorado and Wyoming, the Barnett Shale region of north-central Texas, the Eagle Ford Shale region of South Texas, the Haynesville Shale region of northwest Louisiana, and the Mid-Continent region, which includes the Anadarko, Arkoma, and Permian basins; and operates natural gas liquid (NGL) fractionation and storage facilities in central Kansas near Conway. The Gas & NGL Marketing Services segment provides wholesale marketing, trading, storage, and transportation of natural gas for natural gas utilities, municipalities, power generators, and producers; risk and asset management; and NGL marketing services. The company owns and operates 33,000 miles of pipelines, 29 processing facilities, 7 fractionation facilities, and approximately 24 million barrels of NGL storage capacity. The Williams Companies, Inc. was founded in 1908 and is headquartered in Tulsa, Oklahoma.

#25 - ONEOK

NYSE:OKE
Stock Price: $69.04 (+$0.07)
Market Cap: $40.22 billion
P/E Ratio: 12.7
Dividend Yield: 5.74%
Consensus Rating: Moderate Buy (8 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $75.91 (9.9% Upside)

ONEOK, Inc. engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also provides midstream services to producers of NGLs. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; NGL distribution pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana; and transports refined petroleum products, including unleaded gasoline and diesel from Kansas to Iowa, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it transports and stores natural gas through regulated interstate and intrastate natural gas transmission pipelines, and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space and rail cars. Additionally, it transports, stores, and distributes refined products, NGLs, and crude oil, as well as conducts commodity-related activities, including liquids blending, fractionation, and marketing activities. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; utilities; industrial companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies. ONEOK, Inc. was founded in 1906 and is headquartered in Tulsa, Oklahoma.

#26 - Mplx

NYSE:MPLX
Stock Price: $37.72 (-$0.07)
Market Cap: $37.77 billion
P/E Ratio: 9.9
Dividend Yield: 9.01%
Consensus Rating: Moderate Buy (6 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $42.00 (11.3% Upside)

MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company is involved in the gathering, processing, and transportation of natural gas; gathering, transportation, fractionation, exchange, storage, and marketing of natural gas liquids; gathering, storage, transportation, and distribution of crude oil and refined products, as well as other hydrocarbon-based products; and sale of residue gas and condensate. It also engages in the inland marine businesses comprising transportation of light products, heavy oils, crude oil, renewable fuels, chemicals, and feedstocks in the Mid-Continent and Gulf Coast regions, as well as owns and operates boats and barges, including third-party chartered equipment, and a marine repair facility located on the Ohio River; and distribution of fuel, as well as operates refining logistics, terminals, rail facilities, and storage caverns. In addition, the company operates terminal facilities for the receipt, storage, blending, additization, handling, and redelivery of refined petroleum products through the pipeline, rail, marine, and over-the-road modes of transportation. MPLX GP LLC acts as the general partner of MPLX LP. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.

#27 - TC Energy

NYSE:TRP
Stock Price: $37.53 (+$0.07)
Market Cap: $37.53 billion
Dividend Yield: 7.49%
Consensus Rating: Hold (5 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $48.83 (30.1% Upside)

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,700 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, it has approximately 4,900 kilometers of liquids pipeline system that connects Alberta crude oil pipeline to refining markets in Illinois, Oklahoma, and Texas. Further, the company owns or has interests in seven power generation facilities with a combined capacity of approximately 4,300 megawatts that are powered by natural gas and nuclear fuel sources located in Alberta, Ontario, Québec, and New Brunswick; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage capacity in Alberta. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

#28 - Kinder Morgan

NYSE:KMI
Stock Price: $16.61 (-$0.02)
Market Cap: $36.92 billion
P/E Ratio: 15.5
Dividend Yield: 6.80%
Consensus Rating: Hold (3 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $20.50 (23.4% Upside)

Kinder Morgan, Inc. operates as an energy infrastructure company in North America. The company operates through four segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and underground storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. The Products Pipelines segment owns and operates refined petroleum products, and crude oil and condensate pipelines; and associated product terminals and petroleum pipeline transmix facilities. The Terminals segment owns and/or operates liquids and bulk terminals that stores and handles various commodities, including gasoline, diesel fuel, renewable fuel stock, chemicals, ethanol, metals, and petroleum coke; and owns tankers. The CO2 segment produces, transports, and markets CO2 to recovery and production crude oil from mature oil fields; owns interests in/or operates oil fields and gasoline processing plants; and operates a crude oil pipeline system in West Texas, as well as owns and operates RNG and LNG facilities. It owns and operates approximately 83,000 miles of pipelines and 140 terminals. The company was formerly known as Kinder Morgan Holdco LLC and changed its name to Kinder Morgan, Inc. in February 2011. Kinder Morgan, Inc. was founded in 1936 and is headquartered in Houston, Texas.

#29 - Anadarko Petroleum

NYSE:APC
Stock Price: $72.77
Market Cap: $36.56 billion
P/E Ratio: 32.2
Dividend Yield: 1.66%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Anadarko Petroleum Corporation engages in the exploration, development, production, and marketing of oil and gas properties. It operates through three segments: Exploration and Production, WES Midstream, and Other Midstream. The company explores for and produces oil, natural gas, and natural gas liquids (NGLs). It is also involved in gathering, processing, treating, and transporting oil, natural-gas, and NGLs production, as well as the gathering and disposal of produced water. The company's oil and natural gas properties are located in the United States onshore and deepwater Gulf of Mexico; and Algeria, Ghana, Mozambique, Colombia, Peru, and other countries. As of December 31, 2018, it had approximately 1.5 billion barrels of oil equivalent of proved reserves. The company was founded in 1959 and is headquartered in The Woodlands, Texas.

#30 - Halliburton

NYSE:HAL
Stock Price: $34.51 (-$0.52)
Market Cap: $30.72 billion
P/E Ratio: 11.8
Dividend Yield: 1.85%
Consensus Rating: Buy (13 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $48.63 (40.9% Upside)

Halliburton Company provides products and services to the energy industry worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems; production solutions comprising coiled tubing, hydraulic workover units, downhole tools, and pumping and nitrogen services; and pipeline and process services, such as pre-commissioning, commissioning, maintenance, and decommissioning. This segment also provides electrical submersible pumps, as well as artificial lift services. The Drilling and Evaluation segment offers drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services; oilfield completion, production, and downstream water and process treatment chemicals and services; drilling systems and services; wireline and perforating services consists of open-hole logging, and cased-hole and slickline; and drill bits and services comprising roller cone rock bits, fixed cutter bits, hole enlargement, and related downhole tools and services, as well as coring equipment and services. This segment also provides cloud based digital services and artificial intelligence solutions on an open architecture for subsurface insights, integrated well construction, and reservoir and production management; testing and subsea services, such as acquisition and analysis of reservoir information and optimization solutions; and project management and integrated asset management services. Halliburton Company was founded in 1919 and is based in Houston, Texas.

#31 - Cenovus Energy

NYSE:CVE
Stock Price: $16.23 (-$0.07)
Market Cap: $30.38 billion
P/E Ratio: 10.3
Dividend Yield: 2.54%
Consensus Rating: Moderate Buy (3 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $18.67 (15.0% Upside)

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil and natural gas in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Manufacturing, and U.S. Manufacturing segments. The Oil Sands segment develops and produces bitumen and heavy oil in northern Alberta and Saskatchewan. This segment assets include Foster Creek, Christina Lake, and Sunrise projects, as well as Lloydminster thermal and conventional heavy oil assets. The Conventional segment holds natural gas liquids and natural gas assets primarily located in Elmworth-Wapiti, Kaybob-Edson, Clearwater, and Rainbow Lake operating in Alberta and British Columbia, as well as interests in various natural gas processing facilities. The offshore segment engages in offshore operation, exploration, and development activities in China and the East Coast of Canada. The Canadian Manufacturing segment comprises the owned and operated Lloydminster upgrading and asphalt refining complex, which converts heavy oil and bitumen into synthetic crude oil, diesel, asphalt, and other ancillary products, as well as owns and operates the Bruderheim crude-by-rail terminal and ethanol plants; and markets its production of its own and third-party products. The U.S. Manufacturing segment includes the refining of crude oil to produce gasoline, diesel, jet fuel, asphalt, and other products. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada.

#32 - Baker Hughes A GE

NYSE:BHGE
Stock Price: $29.06 (-$0.26)
Market Cap: $30.16 billion
P/E Ratio: 44.0
Dividend Yield: 3.26%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Baker Hughes, a GE company provides integrated oilfield products, services, and digital solutions worldwide. Its Oilfield Services segment offers drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, completions tools and systems, wellbore intervention tools and services, artificial lift systems, pressure pumping systems, and oilfield and industrial chemicals for integrated oil and natural gas, and oilfield service companies. The company's Oilfield Equipment segment designs and manufactures products and services, including pressure control equipment and services, subsea production systems and services, drilling equipment, and flexible pipeline systems; and onshore and offshore drilling and production systems, and equipment for floating production platforms, as well as provides a range of services related to onshore and offshore drilling activities. Its Turbomachinery & Process Solutions segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry, as well as products and services to serve the downstream segments of industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, onshore and offshore, industrial, engineering, procurement, and construction companies. The company's Digital Solutions segment provides sensor-based measurement, non-destructive testing and inspection, turbine, generator and plant controls, and condition monitoring, as well as pipeline integrity solutions for a range of industries, including oil and gas, power generation, aerospace, metals, and transportation. It serves through direct and indirect channels. The company is based in Houston, Texas. Baker Hughes, a GE company is a subsidiary of General Electric Company.

#33 - Diamondback Energy

NASDAQ:FANG
Stock Price: $151.74 (-$1.74)
Market Cap: $27.16 billion
P/E Ratio: 8.6
Dividend Yield: 2.21%
Consensus Rating: Moderate Buy (14 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $176.12 (16.1% Upside)

Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. It focuses on the development of the Spraberry and Wolfcamp formations of the Midland basin; and the Wolfcamp and Bone Spring formations of the Delaware basin, which are part of the Permian Basin in West Texas and New Mexico. The company also owns, operates, develops, and acquires midstream infrastructure assets, including 770 miles of crude oil gathering pipelines, natural gas gathering pipelines, and an integrated water system in the Midland and Delaware Basins of the Permian Basin. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.

#34 - Continental Resources

NYSE:CLR
Stock Price: $0.00
Market Cap: $26.96 billion
P/E Ratio: 7.5
Dividend Yield: 1.51%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Continental Resources, Inc. is an independent oil producer engaged in the exploration, development, and production of crude oil and natural gas. The firm's operations include horizontal drilling and protecting groundwater. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.

#35 - Devon Energy

NYSE:DVN
Stock Price: $41.59 (-$0.82)
Market Cap: $26.65 billion
P/E Ratio: 7.1
Dividend Yield: 1.92%
Consensus Rating: Moderate Buy (11 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $56.65 (36.2% Upside)

Devon Energy Corporation, an independent energy company, explores for, develops, and produces oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Anadarko, Williston, Eagle Ford, and Powder River Basin. The company was incorporated in 1971 and is headquartered in Oklahoma City, Oklahoma.

#36 - Woodside Energy Group

NYSE:WDS
Stock Price: $20.56 (-$0.62)
Market Cap: $20.23 billion
Dividend Yield: 7.59%
Consensus Rating: Reduce (1 Buy Ratings, 0 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: N/A

Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Africa, the Americas, Asia, and the Caribbean. The company produces liquefied natural gas, pipeline gas, condensate, natural gas liquids, and crude oil. It holds interests in the Pluto LNG, Northwest Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Pyrenees FPSO, Macedon, Scarborough, Sangomar, Trion, Calypso, Browse, Wildling, Atlantis, Woodside Solar project, Sunrise and Troubadour, and Pluto Train 2 projects, as well as Liard basin. The company was formerly known as Woodside Petroleum Ltd and changed its name to Woodside Energy Group Ltd in May 2022. Woodside Energy Group Ltd was founded in 1954 and is headquartered in Perth, Australia.

#37 - Targa Resources

NYSE:TRGP
Stock Price: $87.09 (-$0.81)
Market Cap: $19.42 billion
P/E Ratio: 22.8
Dividend Yield: 2.30%
Consensus Rating: Buy (13 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $105.00 (20.6% Upside)

Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic midstream infrastructure assets in North America. The company operates in two segments, Gathering and Processing, and Logistics and Transportation. It engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. The company is also involved in the purchase and resale of NGL products; and wholesale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, it offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. As of December 31, 2022, it leased and managed approximately 606 railcars; 122 tractors; and 6 vacuum trucks and 2 pressurized NGL barges. The company was incorporated in 2005 and is headquartered in Houston, Texas.

#38 - Pembina Pipeline

NYSE:PBA
Stock Price: $33.57 (-$0.18)
Market Cap: $18.44 billion
P/E Ratio: 20.9
Dividend Yield: 5.87%
Consensus Rating: Moderate Buy (2 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $40.00 (19.2% Upside)

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.8 millions of barrels of oil equivalent per day, the ground storage capacity of 11 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America. The Facilities segment offers infrastructure that provides customers with natural gas, condensate, and natural gas liquids (NGLs), including ethane, propane, butane, and condensate; and includes 354 thousands of barrels per day of NGL fractionation capacity, 21 millions of barrels of cavern storage capacity, and associated pipeline and rail terminalling facilities. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was founded in 1954 and is headquartered in Calgary, Canada.

#39 - Coterra Energy

NYSE:CTRA
Stock Price: $24.30 (-$0.20)
Market Cap: $18.28 billion
P/E Ratio: 8.4
Dividend Yield: 3.29%
Consensus Rating: Moderate Buy (12 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $32.07 (32.0% Upside)

Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale with approximately 183,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. It also holds Permian Basin properties with approximately 307,000 net acres; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. In addition, the company operates natural gas and saltwater disposal gathering systems in Texas. It sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. The company was incorporated in 1989 and is headquartered in Houston, Texas.

#40 - Spectra Energy Partners

NYSE:SEP
Stock Price: $35.40
Market Cap: $17.17 billion
P/E Ratio: 10.3
Dividend Yield: 8.77%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

Spectra Energy Partners, LP operates as an investment arm of Spectra Energy Corp. Spectra Energy Partners, LP, through its subsidiaries, engages in the transportation of natural gas through interstate pipeline systems, and the storage of natural gas in underground facilities in the United States. As of December 31, 2007, it owned and operated 100% of the approximately 1,400-mile East Tennessee interstate natural gas transportation system that extends from central Tennessee eastward into southwest Virginia and northern North Carolina, and southward into northern Georgia; and a liquefied natural gas storage facility in Kingsport, Tennessee with working gas storage capacity of approximately 1.1 billion cubic feet (Bcf) and re-gasification capability of 150 million cubic feet per day. The company also owned a 24.5% interest in the approximate 700-mile Gulfstream interstate natural gas transportation system, which extends from Pascagoula, Mississippi, and Mobile, Alabama across the Gulf of Mexico and into Florida; a 50% interest in Market Hub, which owns and operates 2 salt cavern natural gas storage facilities, the Egan storage facility with gas capacity of approximately 20 Bcf, and the Moss Bluff storage facility with working gas capacity of 15 Bcf. The company transports and stores natural gas for local gas distribution companies, municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers, and producers. Spectra Energy Partners (DE) GP, LP, operates as the general partner to Spectra Energy Partners, LP. The company is based in Houston, Texas.

#41 - Enphase Energy

NASDAQ:ENPH
Stock Price: $122.47 (+$5.59)
Market Cap: $16.72 billion
P/E Ratio: 40.0
Consensus Rating: Moderate Buy (17 Buy Ratings, 11 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $158.23 (29.2% Upside)

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also provides microinverter units and related accessories, an IQ gateway; IQ batteries; the cloud-based Enlighten monitoring service; storage solutions; and electric vehicle charging solutions; and design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

#42 - First Solar

NASDAQ:FSLR
Stock Price: $151.50 (+$8.33)
Market Cap: $16.19 billion
P/E Ratio: 34.3
Consensus Rating: Moderate Buy (20 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $234.00 (54.5% Upside)

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

#43 - EQT

NYSE:EQT
Stock Price: $34.33 (-$0.42)
Market Cap: $14.12 billion
P/E Ratio: 4.6
Dividend Yield: 1.84%
Consensus Rating: Moderate Buy (9 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $45.86 (33.6% Upside)

EQT Corporation operates as a natural gas production company in the United States. As of December 31, 2022, it had 25.0 trillion cubic feet of proved natural gas, natural gas liquids, and crude oil reserves across approximately 2.0 million gross acres, including 1.8 million gross acres in the Marcellus play. The company was founded in 1878 and is headquartered in Pittsburgh, Pennsylvania.

#44 - Magellan Midstream Partners

NYSE:MMP
Stock Price: $69.00
Market Cap: $13.94 billion
P/E Ratio: 13.7
Dividend Yield: 6.11%
Consensus Rating: Reduce (0 Buy Ratings, 5 Hold Ratings, 1 Sell Ratings)
Consensus Price Target: $64.33 (-6.8% Upside)

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. The company operates refined products pipeline that transports gasoline, diesel and aviation fuel, kerosene, and heating oil to refiners, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; and to end markets, including retail gasoline stations, truck stops, farm cooperatives, railroad fueling depots, military bases, and commercial airports. It also provides pipeline capacity and tank storage services, as well as terminalling, ethanol and biodiesel unloading and loading, additive injection, custom blending, laboratory testing, and data services to shippers. In addition, the company owns and operates crude oil pipelines and storage facilities; and marine terminals located along coastal waterways that provide design, installation, construction, testing, operation, replacement, and management of assets to refiners, marketers, and traders. Magellan Midstream Partners, L.P. was incorporated in 2000 and is headquartered in Tulsa, Oklahoma.

#45 - Marathon Oil

NYSE:MRO
Stock Price: $22.45 (-$0.25)
Market Cap: $13.14 billion
P/E Ratio: 8.3
Dividend Yield: 1.96%
Consensus Rating: Moderate Buy (8 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $31.16 (38.8% Upside)

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. The company was founded in 1886 and is headquartered in Houston, Texas.

#46 - Concho Resources

NYSE:CXO
Stock Price: $65.60
Market Cap: $12.88 billion
Dividend Yield: 1.22%
Consensus Rating: N/A (0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: N/A

As of January 15, 2021, Concho Resources Inc. was acquired by ConocoPhillips. Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of oil and natural gas properties in the United States. The company's principal operating areas are located in the Permian Basin of West Texas and southeast New Mexico. As of December 31, 2019, its estimated proved reserves totaled 1.0 billion barrels of oil equivalent. The company was founded in 2006 and is headquartered in Midland, Texas.

#47 - Ovintiv

NYSE:OVV
Stock Price: $41.56 (-$0.24)
Market Cap: $11.34 billion
P/E Ratio: 4.1
Dividend Yield: 2.89%
Consensus Rating: Moderate Buy (8 Buy Ratings, 6 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $53.38 (28.4% Upside)

Ovintiv Inc., together with its subsidiaries, explores, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States and Canada. It operates through USA Operations, Canadian Operations, and Market Optimization segments. The company's principal assets include Permian in west Texas and Anadarko in west-central Oklahoma; and Montney in northeast British Columbia and northwest Alberta. Its other upstream assets comprise Bakken in northwest North Dakota, and Uinta in central Utah; and Horn River in northeast British Columbia, and Wheatland in southern Alberta. The company was formerly known as Encana Corporation and changed its name to Ovintiv Inc. in January 2020. Ovintiv Inc. was incorporated in 2020 and is based in Denver, Colorado.

#48 - Evergy

NYSE:EVRG
Stock Price: $49.08 (+$0.46)
Market Cap: $11.27 billion
P/E Ratio: 16.6
Dividend Yield: 5.24%
Consensus Rating: Hold (2 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $54.25 (10.5% Upside)

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. The company generates electricity through coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.

#49 - Texas Pacific Land

NYSE:TPL
Stock Price: $1,466.11 (-$15.71)
Market Cap: $11.25 billion
P/E Ratio: 28.8
Dividend Yield: 0.89%
Consensus Rating: Hold (0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings)
Consensus Price Target: $1,414.00 (-3.6% Upside)

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages surface acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

#50 - Plains All American Pipeline

NYSE:PAA
Stock Price: $15.40 (+$0.05)
Market Cap: $10.80 billion
P/E Ratio: 11.1
Dividend Yield: 8.25%
Consensus Rating: Hold (4 Buy Ratings, 3 Hold Ratings, 2 Sell Ratings)
Consensus Price Target: $16.90 (9.7% Upside)

Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. The Natural Gas Liquids segment provides gathering, fractionation, storage, transportation, and terminalling activities. This segment also involved in ethane, propane, normal butane, iso-butane, and natural gasoline, as well as crude oil refining processes. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.

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Energy and Oil Stocks Explained

Written by Matthew North

August 12, 2022

Are energy stocks a good investment?
When do energy stocks do well?
Difference between energy stock and energy futures
When do energy stocks go down?
Challenges of energy stocks
Energy share performance
Top energy stocks list
How to invest in energy stocks
Energy stock ETFs
Energy stock index funds

The energy sector has been one of the best performing sectors of the stock market in recent years. The energy sector is composed of companies that are involved in the production and distribution of energy. This includes oil, gas, and electricity. The energy sector has been benefiting from the rise in oil prices.

Oil prices have been rising due to the growing demand from emerging economies such as China and India. The energy sector is also benefiting from the increase in natural gas production. The increase in production is due to the development of new technologies that have made it possible to extract natural gas from shale formations.

Are energy stocks a good investment?

Energy stocks are a good investment for several reasons. First, the energy sector is a critical part of the economy. Second, energy stocks offer investors a way to diversify their portfolios. Third, many energy stocks pay dividends, which can provide income during periods of market volatility. Finally, energy stocks are a good long-term investment because the world will continue to need energy even as renewable energy sources become more prevalent.

When do energy stocks do well?

Energy stocks are a good investment when the economy is growing. The demand for energy increases as businesses and consumers alike use more power. This results in higher prices for energy stocks, which benefits investors. However, energy stocks can also be a good investment when the economy is struggling. This is because energy is necessary, meaning that even when people are cutting back on spending, they still need to use it. Of course, there are risks involved with investing in energy stocks, as with any other type of investment.

Difference between energy stock and energy futures

The main difference between energy stocks and energy futures is that energy stocks represent ownership in an energy company while energy futures are contracts that give the holder the right to buy or sell energy at a specified price and date in the future. Energy stocks may be more volatile than energy futures since they are dependent on the company’s overall performance while energy futures are dependent on the energy market.

Some of the top energy futures include crude oil, natural gas, and electricity. These energy futures are all traded on major exchanges and are commonly used by investors to speculate on the future direction of energy prices. Crude oil is the most traded energy commodity, followed by natural gas and electricity.

When do energy stocks go down?

When the price of oil falls, energy stocks tend to go down as well.

The reason is that oil and gas companies are generally more profitable when oil prices are high. So when the price of oil falls, it hurts their bottom line and investors tend to sell off their shares.

There are a few other factors that can also impact energy stocks, such as geopolitical tensions and weather patterns. But the price of oil is the biggest driver of these stocks.

Challenges of energy stocks

The energy sector is one of the most important industries in the world. It is a key driver of economic growth and plays a critical role in supporting social and environmental progress.

However, the energy sector is also a major contributor to greenhouse gas emissions and is therefore a major target for climate change mitigation efforts. As a result, the energy sector is under increasing pressure to decarbonize its operations and transition to cleaner forms of energy.

One of the key challenges for the energy sector is to find cost-effective ways to transition to cleaner forms of energy while still providing affordable and reliable energy services to consumers. Another challenge is to manage the risks associated with climate change, such as the impact of extreme weather events on energy infrastructure.

The energy sector is also facing other challenges, such as the need to upgrade aging infrastructure, meet rising demand for energy, and deal with the impacts of digitalization.

Despite the challenges, the energy sector is expected to grow in the coming years. This growth will be driven by factors such as population growth, economic development, and the transition to cleaner forms of energy.

Emerging economies such as India and China are expected to consume a significant amount of oil and other energy products in the future.

The energy sector has historically been a volatile sector, as the prices of energy commodities are subject to wide swings. The sector was especially hard-hit during the global financial crisis of 2008, when the price of oil fell sharply. However, the sector has rebounded in recent decades, as oil prices have risen to new highs.

The energy sector is an important part of the global economy, and the sector's performance can significantly impact the markets. For example, the energy sector was one of the best-performing sectors in 2016, as the price of oil rose to its highest level in over a decade.

Top energy stocks list

The energy sector has benefited from the rise in oil and gas prices. Due to strong demand from China and other emerging markets, oil and gas prices have been rising.

The energy sector is also benefiting from the shift to natural gas. Natural gas is becoming increasingly popular as a fuel source due to its low emissions.

The following are some of the top energy stocks:

Exxon Mobil (NYSE: XOM)

Exxon Mobil is the largest oil and gas company in the world. Exxon Mobil is a diversified energy company. The company is involved in oil and gas exploration, production, and transportation.

Exxon Mobil also has a large chemical business. The company manufactures a variety of chemicals used in many industries.

Chevron (NYSE: CVX)

Chevron is the second largest oil and gas company in the world. Chevron is involved in oil and gas exploration, production, and transportation. The company also has refining and marketing operations.

ConocoPhillips (NYSE: COP)

ConocoPhillips is the third largest oil and gas company in the world. It specializes in the transportation and production of crude oil, bitumen, and natural gas.

Schlumberger (NYSE: SLB)

Schlumberger is the largest oilfield services company in the world. Schlumberger provides a variety of services to the oil and gas industry. These services include drilling, reservoir evaluation, and production testing.

Halliburton (NYSE: HAL)

Halliburton is the second largest oilfield services company in the world. Halliburton provides a variety of services to the oil and gas industry. These services include drilling, cementing, and completion services.

How to invest in energy stocks

Energy stocks are a great way to invest in the future of our planet. The energy sector is one of the world's most important industries, and it will only become more so in the years to come. There are a few things to remember when investing in energy stocks.

First, it is important to remember that the energy sector is very cyclical. This means that stock prices can go up and down very quickly, so it is important to be prepared for both. Second, the energy sector is very sensitive to changes in the price of oil. If oil prices go down, energy stocks will usually follow suit.

Third, it is important to diversify your portfolio. Don't put all of your eggs in one basket, so to speak. Invest in a variety of energy stocks to limit your risk.

Finally, do your research. There are a lot of energy stocks out there, and not all of them are created equal.

Energy stock ETFs

An energy stock ETF invests in energy production and distribution companies, including oil, gas, and coal. The energy sector is volatile, so these ETFs can be risky investments. However, they can also offer high returns when energy prices are rising.

Here is a list of energy ETFs that track energy companies:

The SPDR S&P Oil & Gas Equipment & Services ETF (NYSEARCA: XES) tracks an index of companies that are involved in the oil and gas equipment and services industry.

The Vanguard Energy ETF (NYSEARCA: VDE) tracks a broad index of energy companies.

The iShares Global Energy ETF (NYSEARCA: IXC) tracks an index of large and mid-cap energy companies worldwide.

The PowerShares DB Oil ETF (NYSEARCA: DBO) tracks a futures-based crude oil index.

Energy stock index funds

An energy index fund is an index that invests in a basket of energy stocks. The fund is designed to track the performance of the energy sector as a whole.

If you are looking for a sector to invest in for the long term, the energy sector is a good choice. The sector has a lot of upside potential.

There are several energy index funds to choose from.

Energy Index Funds:

These funds seek to track the performance of energy sector indices, such as the Dow Jones US Energy Index or the S&P GSCI Energy Index. They provide exposure to various energy sub-sectors, including oil, gas, and alternative energy.

Oil Index Funds:

These funds seek to track the performance of oil-related indices, such as the Bloomberg WTI Crude Oil Subindex or the Dow Jones US Oil & Gas Index. They provide exposure to various oil sub-sectors, including exploration and production, refining, and marketing.

Gas Index Funds:

These funds seek to track the performance of gas-related indices, such as the S&P GSCI Natural Gas Index. They provide exposure to various gas sub-sectors, including exploration and production, transportation, and storage.

Alternative Energy Index Funds:

These funds seek to track the performance of alternative energy indices, such as the WilderHill New Energy Global Innovation Index. They provide exposure to various alternative energy sub-sectors, including solar, wind, and biofuels.

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