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Best oil stocks in the US

Want to invest in US oil and gas? Here are the 5 best oil stocks trading on the NYSE and Nasdaq.

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.

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Best oil and gas stocks in the US in 2023

How to invest in oil in Canada


1. Ecopetrol S.A. (EC)

Ecopetrol S. A. operates as an integrated oil and gas company. The company operates through 3 segments: Exploration and Production; Transport and Logistics; and Refining, Petrochemical and Biofuels.

  • Market cap: C$39.698 billion
  • YTD performance: 49.81%
  • 1 Year performance: 53.25%
  • 5 Year performance: 105%
  • P/E Ratio: 9.02
Buy on National Bank Direct Brokerage

Continental Resources logo

2. Continental Resources Inc. (CLR)

Continental Resources Inc. explores for, develops, produces and manages crude oil, natural gas and related products primarily in the United States.

  • Market cap: C$21.676 billion
  • YTD performance: 32.93%
  • 1 Year performance: 130.17%
  • 5 Year performance: 291%
  • P/E Ratio: 13.05
Buy on National Bank Direct Brokerage

Chevron Corporation logo

3. Chevron Corporation (CVX)

Chevron Corporation is a global integrated energy and chemicals business that explores for, transports, refines and processes crude oil and natural gas. It also develops and markets products made from crude oil and natural gas.

  • Market cap: C$320.976 billion
  • YTD performance: 40.44%
  • 1 Year performance: 58.18%
  • 5 Year performance: 114%
  • P/E Ratio: 20.25
Buy on National Bank Direct Brokerage

Canadian Natural Resources logo

4. Canadian Natural Resources Limited (CNQ)

Pipestone Energy Corp. engages in the exploration, development, and production of oil and natural gas liquids in Western Canada. The company is headquartered in Calgary, Canada. Pipestone Energy Corp. is a subsidiary of Canadian Non-Operated Resources LP.

  • Market cap: C$72.407 billion
  • YTD performance: 47.36%
  • 1 Year performance: 103.80%
  • 5 Year performance: 222%
  • P/E Ratio: 12.04
Buy on National Bank Direct Brokerage

Devon Energy Corporation logo

5. Devon Energy Corporation (DVN)

Devon Energy Corporation is an independent energy company that primarily engages in the exploration, development and production of oil, natural gas and natural gas liquids in the United States.

  • Market cap: C$38.749 billion
  • YTD performance: 32.44%
  • 1 Year performance: 159.06%
  • 5 Year performance: 278%
  • P/E Ratio: 13.92
Buy on National Bank Direct Brokerage

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.

Buy US oil and gas stocks through an online broker

To invest in oil and gas stocks, you’ll need a brokerage account. Compare online stock trading platforms below and click “Go to site” to get started.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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