$100 Oil: Top 5 Energy Stocks in the Line of Fire
The price of Brent crude oil has surpassed $100 per barrel for the second time this year due to the escalating conflict in the Middle East. The US Central Command destroyed five Iranian crude oil tankers, leading to a supply shock that affects various energy stocks.
ConocoPhillips (COP) is an upstream company with significant growth potential, as seen in its Q2 2026 revenue of $19.16 billion and adjusted EPS of $3.24. Analysts expect the company's 2026 full-year EPS to reach $10.4435.
Exxon Mobil (XOM) is another large player with significant production levels, including 4.6 million oil-equivalent barrels per day from upstream operations. The company has already recovered its $55 billion investment in Guyana and has a strong pipeline of projects, including the Permian and Golden Pass LNG.
Chevron (CVX) is a double-barreled play with both upstream and refining segments. The company's Q2 revenue reached $67.20 billion, with net income of $12.07 billion and downstream earnings increasing to $4.87 billion.
Valero Energy (VLO) is a refiner that has benefited from higher crude prices but also faces risks due to sustained high prices compressing gasoline demand and squeezing downstream margins.