Best Oil Stocks To Follow Now – February 08th

Oklo, e.l.f. Beauty, ServiceNow, ConocoPhillips, and United States Steel are the five Oil stocks to watch today, according to MarketBeat’s stock screener tool. Oil stocks refer to shares of ownership in companies that are directly involved in the exploration, production, refining, or distribution of oil and petroleum products. Investors purchase oil stocks as a way to invest in the oil industry, which can be influenced by factors such as global oil prices, production levels, and geopolitical events. These companies had the highest dollar trading volume of any Oil stocks within the last several days.

Oklo (OKLO)

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

Oklo stock traded up $7.49 during midday trading on Friday, reaching $55.25. 37,660,795 shares of the company were exchanged, compared to its average volume of 22,392,098. The firm’s 50-day simple moving average is $27.78 and its 200-day simple moving average is $17.92. Oklo has a 1 year low of $5.35 and a 1 year high of $59.14.

e.l.f. Beauty (ELF)

e.l.f. Beauty, Inc. is a holding company, which engages in the provision of inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products. The company focuses on the e-commerce, national retailers and international business channels. Its brands include elf, elf skin, WELL People and KEYS soulcare.

Shares of NYSE ELF traded down $17.38 during midday trading on Friday, reaching $71.12. 23,523,065 shares of the stock were exchanged, compared to its average volume of 2,417,069. The stock has a 50 day moving average price of $122.50 and a 200-day moving average price of $127.93. The company has a current ratio of 1.78, a quick ratio of 1.01 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $4.01 billion, a P/E ratio of 42.08, a P/E/G ratio of 1.54 and a beta of 1.47. e.l.f. Beauty has a 52-week low of $63.50 and a 52-week high of $221.83.

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.

NOW stock traded down $15.51 during midday trading on Friday, hitting $1,007.79. The stock had a trading volume of 1,385,656 shares, compared to its average volume of 1,777,070. The company’s 50-day moving average price is $1,080.32 and its 200 day moving average price is $963.81. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market cap of $207.61 billion, a PE ratio of 147.55, a price-to-earnings-growth ratio of 4.76 and a beta of 0.99. ServiceNow has a 12-month low of $637.99 and a 12-month high of $1,198.09.

ConocoPhillips (COP)

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States, Canada, China, Libya, Malaysia, Norway, the United Kingdom, and internationally. The company's portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; global LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects.

Shares of NYSE:COP traded down $1.60 during midday trading on Friday, reaching $98.34. The company’s stock had a trading volume of 12,120,275 shares, compared to its average volume of 5,701,314. The firm has a market cap of $113.18 billion, a price-to-earnings ratio of 12.62, a price-to-earnings-growth ratio of 0.77 and a beta of 1.18. The business has a 50 day moving average price of $101.05 and a 200 day moving average price of $106.18. ConocoPhillips has a 1 year low of $94.23 and a 1 year high of $135.18. The company has a quick ratio of 1.16, a current ratio of 1.29 and a debt-to-equity ratio of 0.36.

United States Steel (X)

United States Steel Corporation produces and sells flat-rolled and tubular steel products primarily in North America and Europe. The company operates through North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular) segments. The Flat-Rolled segment offers slabs, strip mill plates, sheets, and tin mill products, as well as iron ore and coke.

NYSE:X traded down $2.31 during mid-day trading on Friday, reaching $36.96. The company’s stock had a trading volume of 31,637,319 shares, compared to its average volume of 5,718,949. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.55 and a quick ratio of 0.91. The stock has a market cap of $8.32 billion, a P/E ratio of 24.80, a P/E/G ratio of 1.30 and a beta of 1.86. The company’s fifty day simple moving average is $35.01 and its two-hundred day simple moving average is $37.02. United States Steel has a twelve month low of $26.92 and a twelve month high of $48.13.