Best Oil Stocks To Consider – May 9th

ServiceNow, Procter & Gamble, and Exxon Mobil are the three Oil stocks to watch today, according to MarketBeat’s stock screener tool. Oil stocks are equity shares of companies involved in the exploration, production, refining and distribution of crude oil and petroleum products. By buying oil stocks, investors gain exposure to the energy sector, whose profitability is closely tied to global supply and demand dynamics, geopolitical events and fluctuations in oil prices. These securities range from large integrated oil majors to independent producers and oil‐field service firms. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

Shares of NYSE NOW traded up $4.63 during trading on Friday, reaching $979.12. 474,483 shares of the stock were exchanged, compared to its average volume of 1,509,883. ServiceNow has a twelve month low of $637.99 and a twelve month high of $1,198.09. The business’s 50-day moving average price is $843.35 and its 200 day moving average price is $969.61. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $202.68 billion, a price-to-earnings ratio of 143.36, a price-to-earnings-growth ratio of 4.51 and a beta of 0.97.

Procter & Gamble (PG)

Procter & Gamble Co. engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

Shares of NYSE:PG traded down $0.89 during trading hours on Friday, hitting $157.76. 2,793,113 shares of the company’s stock traded hands, compared to its average volume of 7,168,293. The company’s fifty day simple moving average is $166.23 and its two-hundred day simple moving average is $167.65. The company has a market cap of $369.87 billion, a price-to-earnings ratio of 25.12, a price-to-earnings-growth ratio of 3.76 and a beta of 0.41. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.55 and a current ratio of 0.76. Procter & Gamble has a 52 week low of $156.58 and a 52 week high of $180.43.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

XOM stock traded up $1.06 during trading on Friday, reaching $107.13. 4,076,268 shares of the stock were exchanged, compared to its average volume of 15,560,502. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $463.37 billion, a P/E ratio of 13.66, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $126.34. The stock has a 50 day simple moving average of $108.97 and a 200-day simple moving average of $111.30.