Stocks That Benefit From Higher Oil Prices

The stocks whose earnings improve when crude rises — ranked, with each one's current trend regime and whether institutions are accumulating or distributing it.

Updated Oct 10, 5:00 AM ETRebuilt weeklyAbout this data

130 stocks measured56 under accumulation56 under distribution56 in uptrends

#	Symbol	Company	Beta	Corr	Mkt cap	Trend	Volume
1	EQNR	Equinor ASA	+0.49	0.65	$102.8B	Uptrend	Accumulating
2	OBE	Obsidian Energy Ltd. Common Shares	+0.72	0.62	$743M	Pullback	Accumulating
3	OXY	Occidental Petroleum	+0.43	0.62	$59.8B	Uptrend	Accumulating
4	SM	Sm Energy	+0.66	0.62	$8.9B	Uptrend	Accumulating
5	VET	Vermilion Energy Inc. Common (Canada)	+0.59	0.60	$1.8B	Pullback	Accumulating
6	WTI	W And T Offshore Inc	+0.89	0.60	$540M	Pullback	Distributing
7	CF	CF Industries	+0.45	0.60	$17.1B	Pullback	Distributing
8	CNQ	Canadian Natural Resources Limited Common Stock	+0.39	0.59	$103.6B	Uptrend	Neutral
9	MTDR	Matador Resources Company Common Stock	+0.53	0.59	$6.7B	Pullback	Lean dist.
10	EOG	EOG Resources	+0.36	0.59	$78.9B	Uptrend	Accumulating
11	BP	BP p.l.c. Common Stock	+0.35	0.58	$121.3B	Uptrend	Accumulating
12	PR	Permian Resources Corporation Class A Common Stock	+0.46	0.58	$19.3B	Uptrend	Accumulating
13	CVE	Cenovus Energy Inc Common Stock	+0.47	0.58	$57.9B	Pullback	Neutral
14	FANG	Diamondback Energy	+0.45	0.58	$54.0B	Pullback	Distributing
15	COP	ConocoPhillips	+0.37	0.57	$163.4B	Uptrend	Lean dist.
16	GTE	Gran Tierra Energy Inc. Common Stock	+0.77	0.57	$374M	Uptrend	Accumulating
17	PTEN	Patterson Uti Energy Inc	+0.61	0.56	$4.3B	Pullback	Lean dist.
18	VG	Venture Global, Inc. Class A common stock	+0.90	0.56	$32.1B	Pullback	Accumulating
19	TALO	Talos Energy Inc	+0.57	0.55	$2.8B	Uptrend	Lean dist.
20	SU	Suncor Energy Inc. Common Stock	+0.36	0.55	$85.3B	Uptrend	Accumulating
21	DVN	Devon Energy	+0.41	0.54	$53.1B	Uptrend	Lean dist.
22	BTE	Baytex Energy Corp Common Shares	+0.55	0.54	$3.6B	Uptrend	Accumulating
23	WDS	Woodside Energy Group Limited American Depositary Shares, each representing one Ordinary Share	+0.40	0.54	$42.8B	Pullback	Distributing
24	NOG	Northern Oil And Gas Inc	+0.52	0.54	$2.7B	Uptrend	Accumulating
25	PDS	Precision Drilling Corporation Common Stock	+0.45	0.54	$1.1B	Downtrend	Neutral
26	OVV	Ovintiv Inc. (DE)	+0.44	0.54	$17.7B	Uptrend	Neutral
27	APA	APA Corporation	+0.50	0.54	$16.2B	Uptrend	Neutral
28	MUR	Murphy Oil Corp	+0.48	0.54	$5.5B	Uptrend	Accumulating
29	MGY	Magnolia Oil Gas Corp Class A	+0.39	0.53	$5.7B	Downtrend	Distributing
30	XOM	ExxonMobil	+0.29	0.53	$700.2B	Uptrend	Accumulating
31	HPK	Highpeak Energy Inc	+0.66	0.52	$1.2B	Uptrend	Accumulating
32	CRGY	Crescent Energy Class A	+0.55	0.50	$4.2B	Pullback	Distributing
33	E	ENI S.p.A. Common Stock	+0.26	0.50	$81.1B	Uptrend	Accumulating
34	CRC	California Resources Corp	+0.39	0.50	$4.7B	Downtrend	Lean dist.
35	MPC	Marathon Petroleum	+0.39	0.50	$132.8B	Uptrend	Accumulating
36	SHEL	Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares)	+0.22	0.49	$279.3B	Uptrend	Accumulating
37	EPSN	Epsilon Energy Ltd	+0.35	0.49	$180M	Uptrend	Neutral
38	KOS	Kosmos Energy Ltd	+0.75	0.49	$1.3B	Pullback	Lean dist.
39	LYB	LyondellBasell	+0.38	0.49	$19.4B	Downtrend	Lean dist.
40	CVX	Chevron Corporation	+0.26	0.48	$422.2B	Uptrend	Lean dist.
41	REI	Ring Energy, Inc. Common Stock	+0.59	0.48	$341M	Pullback	Lean dist.
42	REPX	Riley Exploration Permian Inc	+0.48	0.47	$984M	Uptrend	Accumulating
43	VLO	Valero Energy	+0.37	0.47	$124.9B	Uptrend	Neutral
44	EGY	Vaalco Energy Inc	+0.50	0.47	$627M	Uptrend	Accumulating
45	EC	Ecopetrol S.A. American Depositary Shares	+0.33	0.47	$34.8B	Pullback	Lean dist.
46	PBF	Pbf Energy Inc Class A	+0.61	0.46	$10.0B	Uptrend	Accumulating
47	IMO	Imperial Oil Limited Common Stock	+0.30	0.46	$60.3B	Pullback	Lean dist.
48	VIST	Vista Energy S.A.B. de C.V. American Depositary Shares, each representing one series A share, with no par value	+0.49	0.46	$6.9B	Pullback	Distributing
49	PSX	Phillips 66	+0.34	0.45	$111.5B	Uptrend	Accumulating
50	KRP	Kimbell Royalty Partners Common Units Representing Limited Partner Interests	+0.22	0.45	$1.5B	Uptrend	Accumulating
51	PARR	Par Pacific Holdings Inc	+0.52	0.45	$4.1B	Uptrend	Accumulating
52	AMPY	Amplify Energy Corp. Common Stock	+0.57	0.45	$184M	Downtrend	Lean dist.
53	GFR	Greenfire Resources Ltd. Common Shares	+0.47	0.43	$460M	Uptrend	Accumulating
54	DINO	HF Sinclair Corporation Common Stock	+0.37	0.43	$21.6B	Uptrend	Accumulating
55	RES	Rpc Inc	+0.43	0.43	$1.3B	Pullback	Lean dist.
56	TTE	TotalEnergies SE Ordinary Shares	+0.22	0.43	$191.8B	Pullback	Distributing
57	GRNT	Granite Ridge Resources Inc	+0.36	0.43	$629M	Pullback	Accumulating
58	MNR	Mach Natural Resources LP Common Units representing Limited Partner Interests	+0.28	0.43	$1.8B	Downtrend	Lean dist.
59	LXU	Lsb Industries Inc	+0.45	0.42	$706M	Pullback	Distributing
60	PBR	Petroleo Brasileiro S.A. Petrobras ADS	+0.33	0.42	$163.0B	Uptrend	Accumulating
61	OKE	ONEOK	+0.27	0.41	$56.6B	Pullback	Neutral
62	NBR	Nabors Industries Ltd	+0.60	0.41	$1.2B	Pullback	Distributing
63	UAN	CVR Partners, LP Common Units representing Limited Partner Interests	+0.32	0.41	$1.3B	Pullback	Accumulating
64	SD	Sandridge Energy Inc	+0.30	0.41	$511M	Downtrend	Lean dist.
65	EPM	Evolution Petroleum Corp	+0.29	0.41	$131M	Rally	Accumulating
66	HAL	Halliburton	+0.35	0.40	$27.2B	Downtrend	Lean dist.
67	VTS	Vitesse Energy Inc	+0.27	0.40	$728M	Rally	Accumulating
68	SSL	Sasol Ltd. American Depositary Shares	+0.49	0.40	$9.6B	Uptrend	Neutral
69	TRGP	Targa Resources	+0.28	0.40	$61.5B	Uptrend	Neutral
70	AESI	Atlas Energy Solutions Inc	+0.47	0.39	$1.5B	Downtrend	Distributing
71	DK	Delek Us Holdings Inc	+0.48	0.39	$4.6B	Uptrend	Lean dist.
72	HP	Helmerich & Payne Inc	+0.39	0.39	$4.0B	Pullback	Lean dist.
73	BSM	Black Stone Minerals, L.P. Common units representing limited partner interests	+0.17	0.39	$3.1B	Uptrend	Accumulating
74	DOW	Dow Inc.	+0.30	0.38	$20.5B	Downtrend	Lean dist.
75	EPD	Enterprise Products Partners L.P. Common Stock	+0.14	0.38	$78.1B	Pullback	Distributing

WTI crude (DCOILWTICO) is the US oil benchmark. When it rises, it transfers margin from companies that BURN fuel to companies that SELL it — producers, drillers, services, and the midstream that moves it.

These companies see earnings improve as crude rises. A rising oil price is a tailwind to their revenue or margin.

Methodology: weekly returns over the past 3 years regressed against weekly moves in the driver. Beta is the measured move per unit driver move; only relationships with |correlation| ≥ 0.25 are shown. Sensitivity is measured, not asserted — a stock appears here because its returns actually co-move with the driver, not because someone believes they should. Trend regime and the institutional volume verdict come from the daily screener pipeline.