🎁 💸 Warren Buffett's Top Picks Are Up +49.1%. Copy Them to Your Watchlist – For FreeCopy Portfolio

Global oil companies: With oil in focus, which ones can rise the most?

Published 16/04/2024, 16:02
© Reuters.
CVX
-
XOM
-
PBR
-
CL
-
SHEL
-
TTE
-

Investing.com - Amidst the tensions between Israel and Iran, the focus on oil has investors watching closely for any potential escalation in conflict and its effects on the energy market. This situation offers an opportunity to track the potential of companies to appreciate in value with the help of InvestingPro, Investing.com's premium platform.

By building a portfolio on the platform featuring leading global companies in the sector, including Exxon Mobil (NYSE:XOM), Shell PLC ADR (NYSE:SHEL) (LON:SHEL), Chevron (NYSE:NYSE:CVX), Petrobras (NYSE:PBR), and TotalEnergies (NYSE:TTE), InvestingPro points out the potential appreciation of stocks.

Chevron, Total Energies (EPA:TTEF), and Petrobras are deemed comparatively cheaper according to the platform. Petrobras' ADRs, for instance, could see a potential appreciation of 53.9%, as per 13 investment models, while Total Energies might see 29.3%, according to 15 models, and Chevron 28.9%, according to 14 models.

Shell and Exxon Mobil have less significant appreciation potential, of 13.8% and 6.6% respectively, as per 14 and 15 models.

All investment models and analyst estimated targets can be checked and compared on InvestingPro, Investing.com's premium platform. By subscribing today, you can get up to 40% off – with even more affordable prices when using the coupon INVESTIR. Enhance your portfolio's performance by identifying which stocks are undervalued!

This content is not an investment recommendation, and other factors should be considered when deciding whether or not to include a stock in your portfolio. Also check fundamental indicators on InvestingPro, with the coupon INVESTIR.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.