The Bullish Bears break down a list of the largest energy stocks and ETFs list. Energy stocks are companies that produce and supply fuels and electricity needed to power the economy. These companies work in different areas, including renewable energy, oil and gas, and utility services. Investing in energy stocks can be risky because energy prices can change quickly. Still, there are ways to reduce risks, such as choosing companies with low-risk business models, strong financial profiles, and manageable capital spending programs.
Energy companies can also be good investments during economic downturns because people still need energy services, even if their income decreases. However, it’s important to diversify your investments and not put too much money into one energy stock or the entire energy sector.
Click symbols for a stock quote and overview of each company on our energy stocks list.
We are not affiliated with nor endorse any of these companies, and nothing on this site constitutes a recommendation to buy or sell.
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Table of Contents
List of the Largest Energy Stocks
| Symbol | Name | Industry |
|---|---|---|
| XOM | Exxon Mobil Corporation | Oil & Gas Integrated |
| CVX | Chevron Corporation | Oil & Gas Integrated |
| COP | ConocoPhillips | Oil & Gas E&P |
| EOG | EOG Resources, Inc. | Oil & Gas E&P |
| SLB | Schlumberger Limited | Oil & Gas Equipment & Services |
| OXY | Occidental Petroleum Corporation | Oil & Gas E&P |
| MPC | Marathon Petroleum Corporation | Oil & Gas Refining & Marketing |
| EPD | Enterprise Products Partners L.P. | Oil & Gas Midstream |
| PXD | Pioneer Natural Resources Company | Oil & Gas E&P |
| PSX | Phillips 66 | Oil & Gas Refining & Marketing |
| VLO | Valero Energy Corporation | Oil & Gas Refining & Marketing |
| HES | Hess Corporation | Oil & Gas E&P |
| KMI | Kinder Morgan, Inc. | Oil & Gas Midstream |
| WMB | The Williams Companies, Inc. | Oil & Gas Midstream |
| DVN | Devon Energy Corporation | Oil & Gas E&P |
| LNG | Cheniere Energy, Inc. | Oil & Gas Midstream |
| ET | Energy Transfer LP | Oil & Gas Midstream |
| HAL | Halliburton Company | Oil & Gas Equipment & Services |
| MPLX | MPLX LP | Oil & Gas Midstream |
| OKE | ONEOK, Inc. | Oil & Gas Midstream |
1. Exxon Mobil (NYSE: XOM)
First in our energy stocks list is $XOM. Exxon Mobil is involved in oil and natural gas exploration and production. The company engages in locating, drilling, and extracting crude oil and natural gas reserves from the earth. In addition to exploration and production, Exxon Mobil is refining crude oil to produce various petroleum products. Exxon’s operations also include biofuels and alternative energies.
The company operates refineries that process crude oil into gasoline, diesel, and petrochemicals. Exxon has a notable presence in the US, Canada, and many countries in Europe, Africa, Asia, the Middle East, and South America.
Dividend: 3.80%, $0.95 quarterly
2. Chevron (NYSE: CVX)
No energy stocks list would be complete without $CVX. Chevron is also actively involved in oil and natural gas exploration and production. The company searches for new reserves, drills wells, and extracts crude oil and natural gas.
Similar to Exxon, it also refines crude oil into many petroleum products. Chevron has also been investing in renewable energy and low-carbon initiatives. Hydrogen is one of its major alternative energy investments. Chevron also operates globally, with significant operations in Kazakhstan and Venezuela, which is unusual for many companies.
Dividend: 4.10%, $1.51 quarterly
3. ConocoPhillips (NYSE: COP)
ConocoPhillips is another energy stocks list contestant. Their operations include the exploration and refinement of oil and natural gas. Unlike Chevron and Exxon, it separated its downstream operations (refining and marketing) into a separate entity, Phillips 66. As a result, ConocoPhillips is primarily involved in the upstream sector, exploring and producing oil and natural gas. The company operates in the usual markets, Malaysia and Indonesia.
Dividend: 4.13%, $1.15 quarterly
4. EOG Resources (NYSE: EOG)
EOG Resources primarily explores, develops, produces, and markets crude oil and natural gas. It is known for its resourceful and innovative approach to unconventional oil and gas resources. EOG has pioneered the development and application of advanced drilling technologies, emphasizing high-quality, low-cost assets and earning a reputation for financial discipline and efficient operations.
Its operations are in prolific shale basins, including the Eagle Ford in Texas, the Permian Basin, and the Bakken in North Dakota. Therefore, we’ve added them to our energy stocks list.
Dividend: 3.14%, $0.91 quarterly
5. Schlumberger Ltd. (NYSE: SLB)
Schlumberger Limited is a unique entity in the energy sector. It operates primarily as an oilfield services company. It offers the upstream oil and gas industry various technologies, solutions, and expertise. The company plays a crucial role in assisting oil and gas exploration and production companies in optimizing their operations, so we’ve added it to our energy stocks list.
The company’s international reach allows it to serve diverse clients and participate in projects across various geographical regions. Schlumberger also leverages digital technologies, data analytics, and artificial intelligence to provide advanced solutions for reservoir management, drilling optimization, and production enhancement.
Dividend: 2%, $0.25 quarterly
6. Occidental Petroleum (NYSE: OXY)
Occidental Petroleum is a multinational energy company with gas exploration, production, refining, and marketing operations and assets in various regions globally. Its diversified international footprint includes activities in the United States, the Middle East, Latin America, and other regions. Thanks to its expertise in enhanced oil recovery techniques, it increased production, demonstrating a commitment to innovative and environmentally conscious practices. Finally, Occidental Petroleum’s subsidiary, OxyChem, focuses on chemical manufacturing.
Dividend: 1.24%, $0.18 quarterly
7. Marathon Petroleum (NYSE: MPC)
Marathon Petroleum is involved in refining, marketing, and transporting petroleum products. This includes refining crude oil into various products, distributing refined products, and operating retail fuel stations. Thanks to its Speedway acquisition in 2021, Marathon created points of direct interaction with consumers in the US, providing fuel, convenience items, and various services.
Dividend: 2.10%, $0.83 quarterly
8. Enterprise Products (NYSE: EPD)
Enterprise Products Partners is unique within the energy sector as it operates as a midstream energy company. It primarily involves transporting, storing, and processing energy commodities thanks to its many pipelines, storage terminals, natural gas processing plants, fractionation facilities, and other infrastructures. EPD is also involved in natural gas processing, which includes separating natural gas into its components, such as methane, ethane, propane, and butane. The company offers regular cash distributions and attractive dividends.
Dividend: 7.62%, $0.51 quarterly
9. Pioneer Resources (NYSE: PXD)
Pioneer Natural Resources specializes in oil and natural gas exploration, development, and production. It is a major player in the Permian Basin, one of the most prolific oil and gas basins in the United States. Pioneer has been at the forefront of many technological innovations to optimize well performance and increase hydrocarbon recovery. This has led to significant production growth in recent years.
Dividend: 6.45%, $3.49 quarterly
10. Phillips 66 (NYSE: PSX)
Phillips 66 is an integrated energy company involved in various segments of the energy value chain, including refining (US, UK, Germany, Austria, and Switzerland), marketing, midstream, and chemicals. This integrated approach allows the company to capture value across different energy production and consumption stages.
Dividend: 3.24%, $1.05 quarterly
Energy Stocks Characteristics
Energy stocks have many rewarding and challenging characteristics for investors. Global and local market conditions greatly impact these stocks, as we have seen since COVID and the various wars. Before investing in energy stocks, review your risk tolerance. Here are some of the characteristics of our energy stocks list.
Energy stocks are often cyclical, closely tied to economic cycles. They may experience significant fluctuations in value based on global economic conditions and energy demand. Energy companies have posted record revenues in recent years due to increasing global gas prices.
Many energy companies are known for offering attractive dividend yields. Investors seeking income may find energy stocks appealing due to the consistent cash flow generated by these companies. The stocks mentioned in the list below offer some of the best dividends on the stock market.
Energy stocks are susceptible to geopolitical risks, as many oil and gas reserves are located in politically sensitive regions. Conflicts, sanctions, or geopolitical tensions can lead to supply disruptions and impact energy prices. This is one of the main reasons we saw shortages and increasing oil prices. Geopolitical conflicts can have a huge impact, even overnight.
Energy Stocks List Dividends
As you may have noticed, many energy stocks offer very attractive dividends. On top of that, they have rewarded their shareholders with a lot of growth over the last few years.
We are still far from abandoning fossil fuels, which means these companies will still be heavily relied on. On the bright side, many are gradually shifting their focus towards renewable energies, and an increasing portion of their activities focus on them. Let’s look at an enegery stocks list of dividends.
Energy ETF List
| Symbol | Name | Industry |
|---|---|---|
| XLE | Energy Select Sector SPDR Fund | Oil & Gas Exploration & Production |
| VDE | Vanguard Energy ETF | Oil & Gas Exploration & Production |
| AMLP | Alerian MLP ETF | MLP |
| ICLN | iShares Global Clean Energy ETF | Clean Energy |
| XOP | SPDR S&P Oil & Gas Exploration & Production ETF | Oil & Gas Exploration & Production |
| EMLP | First Trust North American Energy Infrastructure Fund | MLP |
| OIH | VanEck Oil Services ETF | Oil Equipment & Services |
| AMJ | J.P. Morgan Alerian MLP Index ETN | MLP |
| TAN | Invesco Solar ETF | Solar Energy |
| IYE | iShares U.S. Energy ETF | Oil & Gas Exploration & Production |
| IXC | iShares Global Energy ETF | Oil & Gas Exploration & Production |
| FXN | First Trust Energy AlphaDEX Fund | Broad Energy |
| NRGU | MicroSectors U.S. Big Oil Index 3X Leveraged ETN | Oil & Gas Exploration & Production |
| FENY | Fidelity MSCI Energy Index ETF | Oil & Gas Exploration & Production |
| QCLN | First Trust NASDAQ Clean Edge Green Energy Index Fund | Clean Energy |
| MLPA | Global X MLP ETF | MLP |
| FTXN | First Trust Nasdaq Oil & Gas ETF | Oil & Gas Exploration & Production |
| IEO | iShares U.S. Oil & Gas Exploration & Production ETF | Oil & Gas Exploration & Production |
| MLPX | Global X MLP & Energy Infrastructure ETF | MLP |
| FCG | First Trust Natural Gas ETF | Natural Gas |
| PBW | Invesco WilderHill Clean Energy ETF | Clean Energy |
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares | Oil & Gas Exploration & Production |
| TPYP | Tortoise North American Pipeline Fund | Broad Energy |
| RYE | Invesco S&P 500® Equal Weight Energy ETF | Oil & Gas Exploration & Production |
| ACES | ALPS Clean Energy ETF | Clean Energy |
| ERX | Direxion Daily Energy Bull 2X Shares | Oil & Gas Exploration & Production |
| LCTD | BlackRock World ex U.S. Carbon Transition Readiness ETF | Clean Energy |
| DRLL | Strive U.S. Energy ETF | Broad Energy |
| IEZ | iShares U.S. Oil Equipment & Services ETF | Oil Equipment & Services |
| CNRG | SPDR S&P Kensho Clean Power ETF | Clean Energy |
| ERTH | Invesco MSCI Sustainable Future ETF | Cleantech |
| XES | SPDR S&P Oil & Gas Equipment & Services ETF | Oil Equipment & Services |
| PXE | Invesco Dynamic Energy Exploration & Production ETF | Oil & Gas Exploration & Production |
| AMZA | InfraCap MLP ETF | MLP |
| FAN | First Trust Global Wind Energy ETF | Wind Energy |
| PXI | Invesco DWA Energy Momentum ETF | Oil & Gas Exploration & Production |
| ATMP | Barclays ETN+ Select MLP ETN | MLP |
| MLPB | ETRACS Alerian MLP Infrastructure Index ETN Series B | MLP |
| NZAC | SPDR MSCI ACWI Climate Paris Aligned ETF | Clean Energy |
| PBD | Invesco Global Clean Energy ETF | Clean Energy |
| SMOG | VanEck Low Carbon Energy ETF | Clean Energy |
| UMI | USCF Midstream Energy Income Fund ETF | MLP |
| NRGD | MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN | Oil & Gas Exploration & Production |
| DIG | ProShares Ultra Oil & Gas | Oil & Gas Exploration & Production |
| ENFR | Alerian Energy Infrastructure ETF | Energy Infrastructure |
| PSCE | Invesco S&P SmallCap Energy ETF | Broad Energy |
| FILL | iShares MSCI Global Energy Producers ETF | Oil & Gas Exploration & Production |
| CTEC | Global X CleanTech ETF | Cleantech |
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares | Oil & Gas Exploration & Production |
| AMUB | ETRACS Alerian MLP Index ETN Class B | MLP |
| RNRG | Global X Renewable Energy Producers ETF | YieldCos |
| AMNA | ETRACS Alerian Midstream Energy Index ETN | MLP |
| PXJ | Invesco Dynamic Oil & Gas Services ETF | Oil Equipment & Services |
| AMTR | ETRACS Alerian Midstream Energy Total Return Index ETN | MLP |
| NLR | VanEck Uranium+Nuclear Energy ETF | Nuclear Energy |
| JZRO | Janus Henderson Net Zero Transition Resources ETF | Clean Energy |
| USAI | Pacer American Energy Independence ETF | Oil & Gas Exploration & Production |
| DUG | ProShares UltraShort Oil & Gas | Oil & Gas Exploration & Production |
| ERY | Direxion Daily Energy Bear 2X Shares | Oil & Gas Exploration & Production |
| MLPR | ETRACS Quarterly Pay 1.5x Leveraged Alerian MLP Index ETN | MLP |
| CRAK | VanEck Oil Refiners ETF | Oil & Gas Exploration & Production |
| AMND | ETRACS Alerian Midstream Energy High Dividend Index ETN due July 19, 2050 | Energy Infrastructure |
| FRNW | Fidelity Clean Energy ETF | Clean Energy |
| HDRO | Defiance Next Gen H2 ETF | Clean Energy |
| HYDR | Global X Hydrogen ETF | Clean Energy |
| EINC | VanEck Energy Income ETF | Energy Infrastructure |
| KWT | iShares MSCI Kuwait ETF | Solar Energy |
| MLPO | Credit Suisse S&P MLP Index ETN | MLP |
| HJEN | Direxion Hydrogen ETF | Broad Energy |
| PYPE | ETRACS NYSE Pickens Core Midstream Index ETN | Oil & Gas Exploration & Production |
| CHIE | Global X MSCI China Energy ETF | Broad Energy |
| GCLN | Goldman Sachs Bloomberg Clean Energy Equity ETF | Clean Energy |
| BNE | Blue Horizon BNE ETF | Clean Energy |
| KLNE | Direxion Daily Global Clean Energy Bull 2X Shares ETF | Cleantech |
| CTEX | ProShares S&P Kensho Cleantech ETF | Cleantech |
| NTZG | Nuveen Global Net Zero Transition ETF | Cleantech |
| SOLR | Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund | Clean Energy |
| RAYS | Global X Solar ETF | Solar Energy |
| WNDY | Global X Wind Energy ETF | Wind Energy |
| VCLN | Virtus Duff & Phelps Clean Energy ETF | Clean Energy |
| ENRG | SoFi Smart Energy ETF | Clean Energy |
| KGHG | KraneShares Global Carbon Transformation ETF | Clean Energy |
| BSEA | ETFMG Breakwave Sea Decarbonization Tech ETF | Cleantech |
| ERUS | iShares MSCI Russia ETF | Broad Energy |
Energy Stocks List ETFs Breakdown
Let’s take a look at the energy ETFs you can trade. Energy ETFs typically hold a diversified portfolio of assets within the energy sector. They can include oil, natural gas, and sometimes even renewable assets. The energy stocks list of ETFs includes broad energy, sector-specific, and commodity funds.
XLE’s top stocks are focused on the ones we mentioned in the first section. Exxon (22%), Chevron (17%) and Conoco Phillips (8%) represent almost half of the fund’s allocation. This fund is a pure oil, gas, consumable fuels and energy equipment stock.
Dividend: 3.70%
VDE’s funds follow a similar structure to XLE but the top stocks weigh slightly less.
Dividend: 3.50%
AMLP is focused on energy infrastructure and other midstream activities. Plains All American Pipeline LP (12%) is the top holding followed by other pipeline transportation stocks. None of them appear on our list. Unfortunately, this unique ETF hasn’t performed well in the last few years, but at least it offers an attractive dividend.
Dividend: 7.86%
ICLN is a clean energy stock, which gathered a lot of hype a few years ago. Unfortunately, clean energy may be good for the environment, but it doesn’t perform well in the stock market. The majority of stocks are outside the US and are in the utilities and tech sectors. First Solar is the top holding but represents a mere 8% of the entire fund. In 2023, the fund lost more than 30% of its value and more than 70% since its inception in 2008.
Dividend: 1.80%
XOP is a mix of oil and gas, exploration and production stocks. Some of the stocks we mentioned can be found in the top holdings, namely Marathon (top holding at 2.71%) and Phillips 66 (2.61%).
Dividend: 2.80%
More ETFs
EMLP is invested in US and Canadian energy companies. Enterprise Products Partners is its top holding (8%).
Dividend: 4.02%
OIH is invested in companies that provide services, equipment and support to the exploration and production activities of oil and gas companies. Schlumberger is the top holding, representing more than 20% of the entire fund. Unfortunately, investors have been disappointed with returns in the last 5 years (-14%) and the fund’s low dividend yield.
Dividend: 1.47%
AMJ invests in MLP companies, which are a type of business structure that combines elements of partnerships and publicly traded corporations. MLPs are commonly used for companies engaged in midstream activities, such as transportation, storage and processing of energy commodities. Magellan Midstream Partners LP and Enterprise Products Partners LP are the fund’s top holdings, both weighing just over 10%.
Dividend: 6.43%
Invesco’s TAN fund follows a similar pattern to its clean energy fund. Coincidentally, First Solar is also among the top holdings. Unfortunately, these stocks haven’t performed very well recently and their dividends are also below this sector’s average.
Dividend: 0.11%
We conclude this list with IYE, which includes many stocks we mentioned earlier in this article. It is another pure energy fund.
Dividend: 3.14%
Final Thoughts: Energy Stocks List
Energy stocks have many rewarding and challenging characteristics for investors. Global and local market conditions greatly impact these stocks, as we have seen since COVID and the various wars. Before investing in energy stocks, review your risk tolerance. Here are some of the characteristics of our energy stocks list.
To conclude our energy stocks list, energy keeps us moving and brings money into investors’ pockets. This sector has grown tremendously and increased dividend distributions in the last few years. We can’t live without oil, natural gas, and other essential commodities, but their usage will evolve in the coming years and decades. A switch to renewable and clean energy is inevitable.
The companies and ETFs we mentioned in this article must adapt to the world around us and its limited resources. As they evolve, energy investors must change their expectations of energy stocks.
Frequently Asked Questions
Our energy stocks list top 3 stocks are Exxon Mobile, Chevron, and Shell.
Rising energy costs will always help energy stocks to do well. You may as well make money on your increased costs. You can use our energy stocks list or make one to watch and trade.
Energy stocks can be risky due to government regulations, political interference, and economic risks. Read the charts to ensure you get the best entry on an energy stocks list.
Energy stocks will always be in demand because we need energy to live. Make sure you have a good energy stocks list to watch and trade.
