Looking to invest in the US oil and natural gas industry? We’ve put together a list of the best oil stocks on the NYSE and Nasdaq based on performance, price, profit, revenue and dividends.
What you should know before buying oil stocks
This list of the best oil and gas stocks in the US is meant to help you conduct your own research in finding the best oil stocks to buy right now. It is not investment advice. No single oil stock or list of stocks will suit all investors, and we all have different goals and needs. Always remember that past performance does not guarantee future results.
Best oil and gas stocks in the US in 2024
Ecopetrol SA ADR (EC.NYSE)
Ecopetrol S.A. operates as an integrated energy company.- Market cap: $15.337 billion
- YTD performance: -38.07%
- 1 Year performance: 10.21%
- 5 Year performance: 20.54%
- P/E Ratio: 4.2874
- Headquarters: USA
Continental Resources Inc (CLR.NYSE)
Continental Resources, Inc. explores for, develops, produces, and manages crude oil, natural gas, and related products primarily in the north, south, and east regions of the United States.- Market cap: $26.962 billion
- P/E Ratio: 7.5554
- Headquarters: USA
Chevron Corp (CVX.NYSE)
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.- Market cap: $288.477 billion
- YTD performance: 87.8%
- 1 Year performance: 15.71%
- 5 Year performance: 189.38%
- P/E Ratio: 17.7998
- Headquarters: USA
Canadian Natural Resources Ltd (CNQ.NYSE)
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).- Market cap: $72.258 billion
- YTD performance: 35.12%
- 1 Year performance: 3.87%
- 5 Year performance: 318.61%
- P/E Ratio: 13.504
- Headquarters: USA
Devon Energy Corporation (DVN.NYSE)
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. It operates in Delaware, Eagle Ford, Anadarko, Williston, and Powder River Basins.- Market cap: $25.869 billion
- YTD performance: 137.19%
- 1 Year performance: 0%
- 5 Year performance: 588.75%
- P/E Ratio: 7.239
- Headquarters: USA
How did we pick the best US oil stocks?
We used Finder’s proprietary algorithm to identify the best US oil stocks listed on the Nasdaq and NYSE based on price, performance, profit, revenue and dividends. Our fundamental analysis filters stocks by taking into account historical prices, dividends, revenue growth, (low) price volatility and profit margins.
To avoid smaller, more speculative oil and gas stocks, we only include companies with a market cap of more than USD $1 billion. In order to better compare historical data, we filtered out oil stocks that have been listed for less than 5 years.
We do not guarantee the performance or returns of any investment. Our methodology might filter out some good stocks, so our decision to include or exclude a stock from this list does not indicate whether it’s a good or bad investment. For more info about our algorithm, check out our stock ranking page.
The algorithm was last updated 27 January 2022. This list and data was compiled April 5, 2022.
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