Oil & Energy Stocks

Q: What are energy stocks?

Energy stocks are shares in companies involved in the production, refining, transportation, and sale of oil, natural gas, and other energy commodities. Major names include ExxonMobil (XOM), Chevron (CVX), ConocoPhillips (COP), and Schlumberger (SLB). The sector is divided into upstream (exploration and production), midstream (pipelines and storage), downstream (refining and marketing), and oilfield services segments.

Q: Are energy stocks a good investment?

Energy stocks can be a strong addition to a diversified portfolio, particularly for income-focused investors. Major energy companies offer some of the highest dividend yields in the market, often 3-5% or more. They also serve as an inflation hedge since energy prices typically rise with inflation. Risks include commodity price volatility, regulatory changes around fossil fuels, and the long-term transition toward renewable energy.

Q: What drives energy stock prices?

The primary driver is crude oil and natural gas prices, which are influenced by global supply and demand, OPEC production decisions, geopolitical events, and economic growth. Energy stocks also respond to inventory data, rig counts, and seasonal demand patterns. Company-specific factors include production growth, reserve replacement, capital discipline, and balance sheet strength. The U.S. dollar also matters — oil is priced in dollars, so a weaker dollar tends to support energy prices.

Q: Do energy stocks pay good dividends?

Yes, energy is one of the highest-yielding sectors in the stock market. Major integrated companies like ExxonMobil and Chevron have paid uninterrupted dividends for over 100 years. Many energy companies have adopted disciplined capital allocation, returning excess cash to shareholders through dividends and buybacks. Midstream MLPs and pipeline companies offer particularly high yields, sometimes exceeding 6-8%, though these come with additional tax complexity.

Q: What is the difference between upstream and downstream energy?

Upstream refers to exploration and production — finding and extracting oil and gas from the ground. These companies are most sensitive to commodity prices. Downstream refers to refining crude oil into products like gasoline, diesel, and petrochemicals, and marketing those products. Downstream margins can actually improve when oil prices fall because input costs decrease. Integrated majors like ExxonMobil operate across both segments, providing natural diversification.

Q: How do oil prices affect energy stocks?

Energy stock prices are highly correlated with oil prices, particularly for upstream producers. As a rule of thumb, E&P stocks tend to move 1.5-3x the percentage change in oil prices due to operating leverage. A producer with a breakeven cost of $40 per barrel doubles its profit when oil goes from $60 to $80. Midstream and downstream companies have less direct exposure to oil price swings since their revenue depends more on volumes processed and transported.

Q: Are energy stocks affected by the renewable energy transition?

The transition to renewable energy is a long-term structural risk for traditional energy companies. However, global oil and gas demand remains robust and most forecasts project continued fossil fuel consumption for decades. Many energy majors are investing in low-carbon technologies, including carbon capture, hydrogen, and renewable energy projects. The transition timeline remains uncertain, and energy companies generating strong current cash flows may remain attractive investments for years.

Q: What are oilfield services stocks?

Oilfield services companies provide the equipment, technology, and services needed to explore for and produce oil and gas. Leaders include Schlumberger (SLB), Halliburton (HAL), and Baker Hughes (BKR). These companies benefit when drilling activity increases, making them a leveraged play on upstream capital spending cycles. Their revenue depends on rig count and drilling complexity rather than commodity prices directly, though the two are correlated.

Oil majors, gas producers, and energy infrastructure. Cyclical cash machines tied to crude prices and global demand.

165 stocks Updated Nov 5, 2026

$5.46T Total Market Cap

103.6 Avg P/E Ratio

4.32% Avg Dividend Yield

-3.58% Avg Daily Change

Energy stocks represent companies in the oil, natural gas, and integrated energy sectors. The energy sector is one of the most cyclical in the market, with stock prices closely tied to commodity prices and global demand. Major energy companies generate substantial cash flows and are among the largest dividend payers in the stock market.

The sector includes integrated majors like ExxonMobil and Chevron that operate across the full value chain, exploration and production (E&P) companies focused on finding and extracting oil and gas, midstream companies that transport and store energy, and oilfield services companies that provide drilling equipment and technology. Each segment has different risk and return characteristics.

Energy stocks have regained investor attention as global energy demand continues to grow, driven by emerging market industrialization and data center power needs. This list tracks major energy companies on U.S. exchanges with prices, P/E ratios, dividend yields, and market caps updated daily.

#	Symbol	Name	Price	Change %	P/E	Market Cap
1	EQNR	Equinor ASA	$43.20	+0.93%	19.1	903.95B
2	XOM	Exxon Mobil Corp	$165.30	-2.35%	22.6	738.90B
3	CVX	Chevron Corporation	$212.93	-1.86%	22.6	465.04B
4	SHEL	Shell plc	$101.37	-0.48%	14.4	189.50B
5	TTE	Totalenergies Se	$88.75	-1.89%	9.4	188.84B
6	COP	Conocophillips	$135.46	-1.08%	19.7	182.58B
7	CNQ	Canadian Natural Resources	$48.92	-1.45%	13.5	158.84B
8	ENB	Enbridge Inc	$48.11	-1.37%	25.5	156.25B
9	SU	Suncor Energy Inc	$69.06	-4.14%	14.2	127.08B
10	MPC	Marathon Petroleum Corp	$377.32	-3.91%	14.2	121.46B
11	VLO	Valero Energy Corp	$351.23	-3.86%	15.4	111.28B
12	PSX	Phillips 66	$247.04	-4.85%	15.1	106.73B
13	TRP	Tc Energy Corp	$62.58	-0.05%	26.1	93.84B
14	WMB	Williams Cos Inc	$64.25	-5.32%	29.6	90.99B
15	BP	BP p.l.c.	$45.48	-0.29%	2,220.0	90.22B
16	IMO	Imperial Oil Ltd	$125.68	-1.40%	21.3	88.80B
17	EOG	Eog Resources Inc	$144.89	-1.48%	12.6	86.35B
18	CVE	Cenovus Energy Inc	$27.61	-2.75%	12.3	81.78B
19	SLB	Slb Ltd	$49.64	-3.72%	25.6	79.12B
20	KMI	Kinder Morgan Inc	$30.19	-4.22%	20.9	75.14B
21	LNG	Cheniere Energy Inc	$279.57	-4.26%	23.2	67.56B
22	TRGP	Targa Resources Corp	$271.82	-4.62%	29.5	66.98B
23	OXY	Occidental Petroleum Corp	$56.36	-1.69%	8.8	63.64B
24	OKE	Oneok Inc	$86.25	-2.65%	15.1	61.28B
25	FANG	Diamondback Energy Inc	$179.58	-1.80%	39.4	57.81B
26	DVN	Devon Energy Corp	$42.88	-2.81%	17.3	56.78B
27	BKR	Baker Hughes Co	$46.20	-7.36%	17.7	54.68B
28	HAFN	Hafnia Ltd	$9.34	-4.79%	8.8	53.25B
29	PBA	Pembina Pipeline Corp	$47.63	-2.26%	23.2	41.39B
30	VG	Venture Global Inc-Cl A	$11.52	-4.00%	9.6	35.80B
31	BWLP	Bw Lpg Ltd	$21.62	-4.46%	8.7	35.67B
32	EQT	Eqt Corp	$50.62	-3.62%	12.8	34.74B
33	CCJ	Cameco Corp	$68.33	-4.67%	128.6	32.70B
34	HAL	Halliburton Co	$31.92	-3.27%	15.0	29.95B
35	TRMD	Torm Plc-A	$34.31	-8.85%	7.0	29.05B
36	FTI	Technipfmc Plc	$61.59	-4.51%	22.6	26.60B
37	CTRA	Coterra Energy Inc	$32.56	-8.62%	14.4	24.72B
38	TPL	Texas Pacific Land Corp	$272.18	-5.38%	42.1	22.79B
39	PR	Permian Resources Corp-Cl A	$21.34	-4.86%	17.6	21.73B
40	EXE	Expand Energy Corp	$85.34	-2.26%	7.5	20.91B
41	OVV	Ovintiv Inc	$60.91	-2.85%	21.7	19.96B
42	DINO	Hf Sinclair Corp	$97.77	-6.50%	10.3	19.71B
43	APA	Apa Corp	$43.48	-2.27%	11.0	18.51B
44	VNOM	Viper Energy Inc-Cl A	$39.70	-3.31%	287.5	16.96B
45	RRC	Range Resources Corp	$50.19	-3.67%	14.8	12.76B
46	DTM	Dt Midstream Inc	$112.88	-4.00%	35.9	12.68B
47	FRO	Frontline Plc	$45.54	-6.06%	8.5	12.67B
48	AR	Antero Resources Corp	$36.38	-2.81%	11.7	12.65B
49	SOBO	South Bow Corp	$31.61	-7.17%	16.3	10.48B
50	AM	Antero Midstream Corp	$19.17	-3.47%	25.3	10.10B
51	SM	Sm Energy Co	$30.20	-2.77%	9.5	9.50B
52	KNTK	Kinetik Holdings Inc	$51.51	-5.03%	46.8	9.19B
53	PBF	Pbf Energy Inc-Class A	$68.37	-5.85%	6.6	8.95B
54	CHRD	Chord Energy Corp	$134.33	+1.51%	10.1	8.59B
55	NXE	Nexgen Energy Ltd	$7.93	-0.88%	—	8.09B
56	NE	Noble Corp Plc	$40.55	-1.17%	145.8	7.82B
57	RIG	Transocean Ltd	$5.21	-4.40%	—	7.67B
58	MTDR	Matador Resources Co	$50.63	+0.52%	10.2	7.40B
59	VAL	Valaris Ltd	$77.32	-6.58%	7.6	7.14B
60	MGY	Magnolia Oil & Gas Corp - A	$23.75	+1.63%	16.7	7.10B
61	INSW	International Seaways Inc	$99.36	-5.15%	8.9	6.91B
62	NOV	Nov Inc	$17.59	-2.44%	72.4	6.88B
63	HESM	Hess Midstream Lp - Class A	$30.30	-4.72%	18.0	6.75B
64	WFRD	Weatherford International Pl	$83.20	-3.30%	16.1	6.52B
65	MUR	Murphy Oil Corp	$36.31	+1.03%	21.3	6.25B
66	CRGY	Crescent Energy Inc-A	$11.73	-9.84%	106.5	5.83B
67	CVI	Cvr Energy Inc	$40.10	-6.77%	83.5	5.76B
68	SEI	Solaris Energy Infrastructur	$50.96	-11.59%	101.5	5.56B
69	AROC	Archrock Inc	$26.74	-6.54%	16.9	5.54B
70	CNX	Cnx Resources Corp	$35.61	-0.89%	5.8	5.54B
71	WHD	Cactus Inc - A	$55.01	-5.27%	66.1	5.41B
72	BTE	Baytex Energy Corp	$4.29	-3.38%	37.7	5.26B
73	CRC	California Resources Corp	$45.60	-5.67%	—	4.93B
74	CMBT	Cmb Tech Nv	$16.57	-2.87%	4.4	4.87B
75	PTEN	Patterson-Uti Energy Inc	$10.28	-3.47%	—	4.86B
76	STNG	Scorpio Tankers Inc	$81.63	-4.02%	5.8	4.75B
77	GLNG	Golar Lng Ltd	$42.57	-5.15%	29.0	4.75B
78	KGS	Kodiak Gas Services Inc	$38.93	-5.65%	58.9	4.74B
79	DK	Delek Us Holdings Inc	$62.66	-4.28%	19.6	4.41B
80	CLMT	Calumet Inc	$43.62	+0.05%	—	4.36B
81	CRK	Comstock Resources Inc	$13.36	-0.15%	8.5	4.33B
82	TDW	Tidewater Inc	$70.29	-4.42%	17.4	4.30B
83	CNR	Core Natural Resources Inc	$75.21	-6.25%	42.9	4.30B
84	HP	Helmerich & Payne	$35.44	-1.86%	—	4.16B
85	EFXT	Enerflex Ltd	$18.99	-7.14%	56.0	4.14B
86	DHT	Dht Holdings Inc	$20.67	-6.26%	8.6	4.06B
87	OII	Oceaneering Intl Inc	$34.26	-5.85%	12.1	4.02B
88	EE	Excelerate Energy Inc-A	$35.34	+3.06%	84.5	4.01B
89	WBI	Waterbridge Infrastruc-Cl A	$30.78	+1.45%	333.2	3.89B
90	ECO	Okeanis Eco Tankers Corp	$81.18	-4.38%	57.2	3.89B
91	UEC	Uranium Energy Corp	$6.48	-9.87%	—	3.83B
92	PARR	Par Pacific Holdings Inc	$69.26	-0.57%	4.4	3.78B
93	SUNC	Sunococorp Llc	$66.41	-3.38%	33.4	3.67B
94	TNK	Teekay Tankers Ltd-Class A	$83.30	-6.28%	5.9	3.50B
95	SDRL	Seadrill Limited	$41.11	-5.10%	3,275.3	3.28B
96	TALO	Talos Energy Inc	$14.82	-5.06%	—	3.00B
97	DNN	Denison Mines Corp	$2.06	-2.37%	—	2.98B
98	NOG	Northern Oil And Gas Inc	$22.14	-0.58%	—	2.96B
99	GPOR	Gulfport Energy Corp	$155.08	-2.53%	5.9	2.94B
100	VET	Vermilion Energy Inc	$13.69	+1.33%	—	2.92B

Related ETFs

Exchange-traded funds that provide diversified exposure to the oil & energy stocks sector.

XLE SPDR

0.09% ER

Energy Select Sector SPDR Fund

Largest energy ETF tracking S&P 500 energy companies. Dominated by ExxonMobil and Chevron.

VDE Vanguard

0.10% ER

Vanguard Energy ETF

Broad energy sector exposure at low cost. Includes integrated oil, exploration, refining, and equipment companies.

XOP SPDR

0.35% ER

SPDR S&P Oil & Gas Exploration ETF

Equal-weighted E&P companies. More volatile and leveraged to oil prices than diversified energy ETFs.

Frequently Asked Questions

What are energy stocks?

Energy stocks are shares in companies involved in the production, refining, transportation, and sale of oil, natural gas, and other energy commodities. Major names include ExxonMobil (XOM), Chevron (CVX), ConocoPhillips (COP), and Schlumberger (SLB). The sector is divided into upstream (exploration and production), midstream (pipelines and storage), downstream (refining and marketing), and oilfield services segments.

Are energy stocks a good investment?

Energy stocks can be a strong addition to a diversified portfolio, particularly for income-focused investors. Major energy companies offer some of the highest dividend yields in the market, often 3-5% or more. They also serve as an inflation hedge since energy prices typically rise with inflation. Risks include commodity price volatility, regulatory changes around fossil fuels, and the long-term transition toward renewable energy.

What drives energy stock prices?

The primary driver is crude oil and natural gas prices, which are influenced by global supply and demand, OPEC production decisions, geopolitical events, and economic growth. Energy stocks also respond to inventory data, rig counts, and seasonal demand patterns. Company-specific factors include production growth, reserve replacement, capital discipline, and balance sheet strength. The U.S. dollar also matters — oil is priced in dollars, so a weaker dollar tends to support energy prices.

Do energy stocks pay good dividends?

Yes, energy is one of the highest-yielding sectors in the stock market. Major integrated companies like ExxonMobil and Chevron have paid uninterrupted dividends for over 100 years. Many energy companies have adopted disciplined capital allocation, returning excess cash to shareholders through dividends and buybacks. Midstream MLPs and pipeline companies offer particularly high yields, sometimes exceeding 6-8%, though these come with additional tax complexity.

What is the difference between upstream and downstream energy?

Upstream refers to exploration and production — finding and extracting oil and gas from the ground. These companies are most sensitive to commodity prices. Downstream refers to refining crude oil into products like gasoline, diesel, and petrochemicals, and marketing those products. Downstream margins can actually improve when oil prices fall because input costs decrease. Integrated majors like ExxonMobil operate across both segments, providing natural diversification.

How do oil prices affect energy stocks?

Energy stock prices are highly correlated with oil prices, particularly for upstream producers. As a rule of thumb, E&P stocks tend to move 1.5-3x the percentage change in oil prices due to operating leverage. A producer with a breakeven cost of $40 per barrel doubles its profit when oil goes from $60 to $80. Midstream and downstream companies have less direct exposure to oil price swings since their revenue depends more on volumes processed and transported.

Are energy stocks affected by the renewable energy transition?

The transition to renewable energy is a long-term structural risk for traditional energy companies. However, global oil and gas demand remains robust and most forecasts project continued fossil fuel consumption for decades. Many energy majors are investing in low-carbon technologies, including carbon capture, hydrogen, and renewable energy projects. The transition timeline remains uncertain, and energy companies generating strong current cash flows may remain attractive investments for years.

What are oilfield services stocks?

Oilfield services companies provide the equipment, technology, and services needed to explore for and produce oil and gas. Leaders include Schlumberger (SLB), Halliburton (HAL), and Baker Hughes (BKR). These companies benefit when drilling activity increases, making them a leveraged play on upstream capital spending cycles. Their revenue depends on rig count and drilling complexity rather than commodity prices directly, though the two are correlated.