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.

169 stocks Updated Sep 12, 2026

$5.23T Total Market Cap

103.3 Avg P/E Ratio

4.34% Avg Dividend Yield

-0.15% 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	$44.80	-0.69%	19.1	903.95B
2	XOM	Exxon Mobil Corp	$165.99	+0.46%	20.7	679.43B
3	CVX	Chevron Corporation	$214.06	+0.61%	20.5	422.92B
4	SHEL	Shell plc	$96.77	+0.84%	14.4	189.50B
5	TTE	Totalenergies Se	$91.89	+0.72%	11.4	174.96B
6	COP	Conocophillips	$137.35	+0.23%	17.6	163.32B
7	ENB	Enbridge Inc	$47.76	-0.95%	23.8	145.77B
8	CNQ	Canadian Natural Resources	$50.07	-1.44%	12.3	144.82B
9	SU	Suncor Energy Inc	$68.83	-0.15%	12.5	111.48B
10	VLO	Valero Energy Corp	$390.42	+1.29%	15.3	110.29B
11	MPC	Marathon Petroleum Corp	$395.93	+0.89%	12.9	110.20B
12	PSX	Phillips 66	$259.47	+0.37%	14.5	103.15B
13	BP	BP p.l.c.	$46.10	+0.04%	2,220.0	90.22B
14	WMB	Williams Cos Inc	$72.85	+0.04%	29.0	89.06B
15	IMO	Imperial Oil Ltd	$129.99	-0.63%	21.1	87.62B
16	TRP	Tc Energy Corp	$60.88	-1.66%	23.8	85.63B
17	CVE	Cenovus Energy Inc	$33.11	-0.69%	12.8	85.13B
18	SLB	Slb Ltd	$56.06	+0.09%	26.7	82.84B
19	EOG	Eog Resources Inc	$147.36	-0.07%	11.2	76.78B
20	KMI	Kinder Morgan Inc	$30.86	-0.29%	20.0	69.23B
21	TRGP	Targa Resources Corp	$290.25	-0.57%	27.6	62.59B
22	OXY	Occidental Petroleum Corp	$61.46	+0.49%	8.4	60.84B
23	OKE	Oneok Inc	$96.62	+0.94%	16.6	60.67B
24	BKR	Baker Hughes Co	$59.06	-0.57%	19.0	58.66B
25	FANG	Diamondback Energy Inc	$204.97	-0.20%	39.2	57.51B
26	LNG	Cheniere Energy Inc	$278.34	+0.18%	19.6	57.26B
27	DVN	Devon Energy Corp	$50.23	+0.42%	16.6	54.46B
28	CCJ	Cameco Corp	$96.68	-0.76%	166.0	42.50B
29	HAFN	Hafnia Ltd	$9.38	+0.21%	9.9	41.88B
30	VG	Venture Global Inc-Cl A	$15.80	+1.94%	10.6	39.50B
31	PBA	Pembina Pipeline Corp	$47.81	-1.10%	21.8	38.92B
32	BWLP	Bw Lpg Ltd	$25.13	+0.52%	10.4	34.92B
33	EQT	Eqt Corp	$54.07	-1.62%	12.5	33.99B
34	HAL	Halliburton Co	$35.84	-0.64%	18.6	29.75B
35	FTI	Technipfmc Plc	$76.34	+1.01%	25.2	29.64B
36	TPL	Texas Pacific Land Corp	$369.10	+0.82%	46.9	25.40B
37	CTRA	Coterra Energy Inc	$32.56	-8.62%	14.4	24.72B
38	TRMD	Torm Plc-A	$35.08	+1.39%	5.6	22.60B
39	EXE	Expand Energy Corp	$94.83	-2.11%	7.9	21.95B
40	PR	Permian Resources Corp-Cl A	$23.78	+0.34%	16.1	19.84B
41	DINO	Hf Sinclair Corp	$107.84	+0.11%	10.0	19.17B
42	OVV	Ovintiv Inc	$63.69	-0.48%	19.1	17.53B
43	VNOM	Viper Energy Inc-Cl A	$44.71	-0.29%	272.2	16.06B
44	APA	Apa Corp	$44.73	+0.45%	9.3	15.67B
45	DTM	Dt Midstream Inc	$128.86	-0.50%	37.2	13.15B
46	AR	Antero Resources Corp	$38.43	-1.89%	11.1	12.04B
47	FRO	Frontline Plc	$49.21	+1.67%	7.4	10.96B
48	AM	Antero Midstream Corp	$22.06	-0.94%	26.4	10.53B
49	SOBO	South Bow Corp	$35.99	-1.10%	16.5	10.51B
50	RRC	Range Resources Corp	$41.15	-1.74%	11.3	9.68B
51	NXE	Nexgen Energy Ltd	$9.85	-3.53%	—	9.49B
52	PBF	Pbf Energy Inc-Class A	$78.30	+1.58%	6.8	9.14B
53	SM	Sm Energy Co	$38.10	-0.21%	9.0	9.02B
54	KNTK	Kinetik Holdings Inc	$54.75	+1.01%	45.2	8.87B
55	CHRD	Chord Energy Corp	$152.01	+0.13%	9.8	8.31B
56	HESM	Hess Midstream Lp - Class A	$39.97	-0.57%	22.0	8.24B
57	MTDR	Matador Resources Co	$61.05	-0.93%	10.5	7.63B
58	NOV	Nov Inc	$21.10	-1.03%	79.2	7.52B
59	NE	Noble Corp Plc	$45.28	-1.01%	48.3	7.23B
60	MGY	Magnolia Oil & Gas Corp - A	$27.75	+0.18%	15.4	6.53B
61	KGS	Kodiak Gas Services Inc	$63.85	+2.16%	80.3	6.46B
62	RIG	Transocean Ltd	$5.67	-1.73%	—	6.38B
63	WFRD	Weatherford International Pl	$88.85	-1.19%	17.4	6.37B
64	VAL	Valaris Ltd	$83.73	-2.31%	6.2	5.81B
65	AROC	Archrock Inc	$32.77	+1.27%	17.5	5.75B
66	WHD	Cactus Inc - A	$69.54	+1.67%	67.0	5.48B
67	MUR	Murphy Oil Corp	$38.50	-0.85%	18.6	5.48B
68	GLNG	Golar Lng Ltd	$52.89	+0.38%	32.9	5.38B
69	UEC	Uranium Energy Corp	$10.45	-5.17%	—	5.35B
70	CNX	Cnx Resources Corp	$35.91	-2.07%	5.6	5.35B
71	SEI	Solaris Energy Infrastructur	$67.42	+5.10%	95.8	5.25B
72	CVI	Cvr Energy Inc	$50.44	+3.79%	75.9	5.23B
73	INSW	International Seaways Inc	$102.67	+0.52%	6.5	5.10B
74	OII	Oceaneering Intl Inc	$51.09	+1.03%	14.5	5.06B
75	CRC	California Resources Corp	$56.75	+0.89%	—	5.04B
76	CLMT	Calumet Inc	$56.80	+0.64%	—	4.99B
77	PTEN	Patterson-Uti Energy Inc	$12.85	-0.39%	—	4.92B
78	BTE	Baytex Energy Corp	$5.03	-0.20%	35.0	4.89B
79	CRGY	Crescent Energy Inc-A	$14.66	+1.73%	88.5	4.84B
80	CMBT	Cmb Tech Nv	$19.24	-0.72%	10.2	4.82B
81	CNR	Core Natural Resources Inc	$97.47	-1.07%	48.1	4.82B
82	DK	Delek Us Holdings Inc	$71.86	-0.75%	21.3	4.78B
83	TDW	Tidewater Inc	$92.97	+1.07%	18.5	4.56B
84	HP	Helmerich & Payne	$44.04	-1.17%	—	4.40B
85	EE	Excelerate Energy Inc-A	$38.41	-0.52%	91.7	4.36B
86	CRK	Comstock Resources Inc	$14.78	-2.70%	8.5	4.32B
87	PARR	Par Pacific Holdings Inc	$84.65	+1.27%	5.0	4.26B
88	STNG	Scorpio Tankers Inc	$84.52	+0.01%	5.2	4.25B
89	SUNC	Sunococorp Llc	$80.94	+1.75%	38.0	4.18B
90	DNN	Denison Mines Corp	$3.02	-6.50%	—	4.05B
91	WBI	Waterbridge Infrastruc-Cl A	$32.21	-0.09%	341.5	3.99B
92	EFXT	Enerflex Ltd	$22.41	+0.67%	51.4	3.78B
93	DHT	Dht Holdings Inc	$20.87	+3.37%	7.5	3.57B
94	UUUU	Energy Fuels Inc	$12.95	-4.99%	—	3.54B
95	TNK	Teekay Tankers Ltd-Class A	$93.37	+1.68%	5.9	3.50B
96	LBRT	Liberty Energy Inc	$20.96	+0.96%	28.1	3.44B
97	BTU	Peabody Energy Corp	$28.21	-2.82%	—	3.44B
98	NESR	National Energy Services Reu	$34.56	-0.55%	36.3	3.39B
99	LEU	Centrus Energy Corp-Class A	$152.31	-8.18%	64.3	3.12B
100	GPOR	Gulfport Energy Corp	$173.25	-1.73%	6.2	3.06B

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.