3 Oil Stocks I'd Buy Right Now
Oil prices have been stubbornly weak all year. We can blame that on shale producers since the industry has hit the accelerator on drilling activities this year causing an output surge. While growing shale production could keep a lid on crude prices, there's reason to be optimistic that oil could rise both in the short and long-term.
That said, even if crude prices don't rebound, Suncor Energy (NYSE: SU), Concho Resources (NYSE: CXO), and Hess (NYSE: HES) should thrive in the future. Here's why I'd buy any one of these oil stocks right now.
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Source: Fool.com
Exxon Mobil Corp. Stock
€108.58
-0.730%
With 34 Buy predictions and not a single Sell prediction Exxon Mobil Corp. is an absolute favorite of our community.
As a result the target price of 126 € shows a slightly positive potential of 16.04% compared to the current price of 108.58 € for Exxon Mobil Corp..
