3 Top Oil Stocks to Buy in December
Here's something crazy to consider. In 2017, the average price per barrel of Brent crude oil -- the international benchmark price -- is up more than 15%. At the same time, though, the oil and gas industry as a whole is one of the worst-performing sectors this year. If that sounds odd to you, you aren't the only one. While there are some reasons why this may be the case -- domestic crude prices are only up 6% over the same time frame -- it is still hard to imagine that the industry as a whole would suffer, when the price of its most precious commodity has risen so much.
With this in mind, it seems like it's a good time for investors to start digging into the oil and gas industry for possible stock ideas. So we asked three of our investing contributors which stocks they like right now. Here's why they picked Diamondback Energy (NASDAQ: FANG), ExxonMobil (NYSE: XOM), and Transocean (NYSE: RIG).
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Source: Fool.com
Exxon Mobil Corp. Stock
With 40 Buy predictions and 1 Sell predictions Exxon Mobil Corp. is one of the favorites of our community.
As a result the target price of 126 € shows a slightly positive potential of 17.67% compared to the current price of 107.08 € for Exxon Mobil Corp..
