7 Oil Stocks to Buy Right Now

Introduction

With oil prices soaring, investors are flocking to oil stocks in search of profits. However, not all oil stocks are created equal. Some are better positioned to benefit from the current market conditions than others. In this article, we'll take a look at seven oil stocks that we believe are worth buying right now.

1. ExxonMobil (XOM)

ExxonMobil is one of the world's largest oil and gas companies. It has a vast portfolio of assets, including upstream operations in the United States, Canada, and other countries. ExxonMobil also has a strong refining and marketing network.

Why is XOM a Good Buy?

• ExxonMobil is a well-established company with a long history of profitability.
• The company has a strong balance sheet and is well-positioned to weather the current market volatility.
• ExxonMobil is investing heavily in new projects, which should drive future growth.

2. Chevron (CVX)

Chevron is another one of the world's largest oil and gas companies. It has a similar portfolio of assets to ExxonMobil, but it has a greater focus on international operations. Chevron is also a major player in the refining and marketing of oil and gas.

Why is CVX a Good Buy?

• Chevron is a well-respected company with a strong track record.
• The company is well-positioned to benefit from the rising demand for oil and gas in Asia.
• Chevron is committed to returning cash to shareholders through dividends and share buybacks.

3. ConocoPhillips (COP)

ConocoPhillips is a smaller oil and gas company than ExxonMobil and Chevron. However, it is still a major player in the industry. ConocoPhillips has a strong portfolio of assets in North America, Europe, and Asia. The company also has a growing presence in the liquefied natural gas (LNG) market.

Why is COP a Good Buy?

• ConocoPhillips is a well-run company with a strong financial position.
• The company is benefiting from the rising demand for LNG.
• ConocoPhillips is committed to returning cash to shareholders through dividends and share buybacks.

4. Hess Corporation (HES)

Hess Corporation is a mid-sized oil and gas company. It has a portfolio of assets in the United States, the Gulf of Mexico, and Southeast Asia. Hess is also a major player in the refining and marketing of oil and gas.

Why is HES a Good Buy?

• Hess Corporation is a well-managed company with a strong track record.
• The company is well-positioned to benefit from the rising demand for oil and gas in Asia.
• Hess is committed to returning cash to shareholders through dividends and share buybacks.

5. Marathon Petroleum Corporation (MPC)

Marathon Petroleum Corporation is a refining and marketing company. It operates a network of refineries and pipelines in the United States. Marathon Petroleum Corporation is also a major producer of gasoline, diesel fuel, and other refined products.

Why is MPC a Good Buy?

• Marathon Petroleum Corporation is a well-run company with a strong financial position.
• The company is benefiting from the rising demand for refined products.
• Marathon Petroleum Corporation is committed to returning cash to shareholders through dividends and share buybacks.

6. Phillips 66 (PSX)

Phillips 66 is a refining and marketing company. It operates a network of refineries and pipelines in the United States and Europe. Phillips 66 is also a major producer of gasoline, diesel fuel, and other refined products.

Why is PSX a Good Buy?

• Phillips 66 is a well-managed company with a strong financial position.
• The company is benefiting from the rising demand for refined products.
• Phillips 66 is committed to returning cash to shareholders through dividends and share buybacks.

7. Valero Energy Corporation (VLO)

Valero Energy Corporation is a refining and marketing company. It operates a network of refineries and pipelines in the United States, Canada, and the United Kingdom. Valero Energy Corporation is also a major producer of gasoline, diesel fuel, and other refined products.

Why is VLO a Good Buy?

• Valero Energy Corporation is a well-run company with a strong financial position.
• The company is benefiting from the rising demand for refined products.
• Valero Energy Corporation is committed to returning cash to shareholders through dividends and share buybacks.

Conclusion

The oil market is in a state of flux. However, we believe that the seven oil stocks listed above are well-positioned to benefit from the current market conditions. These companies have strong portfolios of assets, are well-managed, and are committed to returning cash to shareholders. We believe that these stocks are worth buying right now.

Table 1: Key Financial Metrics for Oil Stocks

Table 2: Dividend Yields

Table 3: Price Targets

Table 4: Total Return Potential

FAQs

1. What are the risks of investing in oil stocks?
   * The oil market is volatile and can be affected by a number of factors, including geopolitical events, economic conditions, and natural disasters.
2. What is the expected return on investment for oil stocks?
   * The expected return on investment for oil stocks varies depending on the company and the market conditions. However, we believe that the seven oil stocks listed above have the potential to generate a total return of 10-15% over the next year.
3. How do I choose the right oil stocks to buy?
   * When choosing oil stocks to buy, you should consider the company's financial strength, its portfolio of assets, and its management team