- MarketBeat's stock screener has identified ExxonMobil, Chevron, ConocoPhillips, Marathon Petroleum, Valero Energy, Phillips 66, and Targa Resources as the top oil stocks to watch based on high dollar trading volume.
- These publicly traded energy companies engage in various activities including the exploration, production, refining, transportation, and marketing of crude oil, natural gas, and related products.
- The performance of these featured companies is typically influenced by oil prices, production levels, broader economic conditions, and regulatory factors.
- The S&P 500 faced market pressure on August 17, 2026, amid the impending expiration of the U.S.-Iran 60-day ceasefire and rising oil prices.
- The energy sector emerged as the top performer due to a 2% increase in Brent crude and ongoing supply disruptions in the Strait of Hormuz, boosting companies like Devon Energy and Phillips 66.
- Conversely, the communication services sector suffered significant losses driven by bearish analyst ratings and heightened competition affecting firms such as Charter Communications and Trade Desk.