4 Best Oil ETFs for 2023

Chris has an MBA with a focus in advanced investments and has been writing about all things personal finance since 2015. He’s also built and run a digital marketing agency, focusing on content marketing, copywriting, and SEO, since 2016. That being said, let’s dive into the many different ways you can invest in oil and how to get started with each. Those who decide to invest should know that there is a great risk of losing money. Educating yourself ahead of time is the best way to minimize your risk and increase your chances of profitability. Typically, this kind of investing happens through an authorized investment broker.

  • While oil and gas is a comparatively risky sector, some companies are safer than others.
  • Investment Plans (“Plans”) shown in our marketplace are for informational purposes only and are meant as helpful starting points as you discover, research and create a Plan that meets your specific investing needs.
  • Because the oil industry was “shunned” by average investors for the better part of a decade, they missed out during periods of rising oil prices, McNally says.

That rapidly falling share count enables Marathon Oil to increase its dividend per share without raising the total cash payout. Higher oil prices would also give Devon more money to buy back its shares, which currently sit more than 35% below their 52-week high. It bought back $200 million of its stock during the second quarter and has repurchased $2.1 billion since initiating the program in late 2021 to retire 6% of its outstanding shares.

OPEC and its allies agreed to historic production cuts to stabilize prices, but they dropped to 20-year lows. In 2022, when Russia invaded Ukraine, the disruption to oil markets, economic sanctions, and rising inflation led to oil trading above $125 per barrel. Not surprisingly many of these companies are also among the best performing oil stocks with regard to total return (i.e. share price growth combined with dividends). For example, when the Covid-19 pandemic caused millions of offices and businesses to close, it had a devastating effect on the oil and gas sector.

The energy sector is undergoing a massive transition to renewable energy. Even so, that doesn’t mean there are few opportunities in the oil patch. Here’s a closer look at some of the top oil stocks and factors to consider before buying oil stocks. Others, including Wall Street speculators, trade oil futures for very short periods of time to reap quick profits. Some observers attribute wide short-term swings in oil prices to these speculators, while others believe their influence is minimal. In the spring of 2020, oil prices collapsed amid the economic slowdown.

Because oil is so vital to the functioning of the world economy, its price is also sensitive to changes in the pace of global economic growth. The consumption of crude oil end products like gasoline can fluctuate, insomuch as that demand is discretionary. Options contracts give the buyer or seller the option to trade oil on a future date. If you choose to buy futures or options directly in oil, you will need to trade them on a commodities exchange. Integrated oil companies have some aspects of production, services and refining all in-house.

Historically oil has been a good investment

Share repurchases are the primary method of returning excess cash to shareholders above that base payment. Oil is closely tied with the overall economy, so much so that many people consider it essentially a proxy for the national, even international, economy. While you could buy indirectly with futures and options contracts, there are many other ways to invest in the oil markets, some far less risky than futures contracts.

“Oil” goes beyond what you put in your car, and understanding this complex market takes more than waiting to fill your tank until your local gas station’s prices dip. Just like any investment, supply and demand play a role in how much oil is worth. For example, the Russian invasion of Ukraine in February 2022 caused oil prices to jump over concerns about global supply. That’s in index trading part because our society depends on oil for everything from commuting to work to heating homes. Given the uncertainty surrounding future oil demand, ConocoPhillips plans to return a significant portion of its free cash flow to investors in the coming years. It plans to pay a steadily growing dividend, repurchase shares, and pay a variable return of cash based on its excess cash.

How do I invest in oil stocks?

This makes oil stocks a slightly less risky option than trading oil in the options or futures market. Investing in oil futures and options requires more knowledge but can offer substantial returns. Oil futures contracts are agreements to buy or sell oil at a predetermined price on a future date.

If you’re looking for more direct exposure to oil, you can consider looking to the commodities market, where there are products such as oil futures for sale. Jones, however, says such investments can be risky for retail Me estafaron como recupero mi dinero investors. Although it’s possible for investors to brave commodities markets and invest in oil directly, buying equities in oil companies can be more approachable for everyday investors, and potentially less risky.

That said, fluctuations in demand can also cause swings in oil prices. Oil industry bulls, or advocates, point to the benefits of these stocks. Finally, bulls also argue that low valuations witnessed in the recent economic downturn could offer opportunities for investors to buy in at a discount. Oil stocks are a popular investment option for those seeking to diversify their portfolio and potentially earn a return on investment. As one of the most important commodities in the world, oil plays a vital role in the global economy, making oil stocks an attractive investment opportunity. However, investing in oil stocks can be complex and requires a thorough understanding of the industry, as well as the various factors that impact stock prices.

It’s important to know what kind of oil company you’re investing in before you buy. If you’re interested in stocks, ETFs, or mutual funds, you should start learning about stock trends and explore where you’d like to open up a stock account. If you’d rather get more directly involved, start by contacting a reputable oil and gas broker or attorney to learn more. It has repurchased $4.2 billion in stock in the last seven quarters, reducing its outstanding shares by a whopping 24%.

Safe Investments With the Highest Returns

Companies involved in the production, transportation, and refining of crude oil are commonly referred to as oil stocks. Overall, investing in oil stocks can be a lucrative opportunity, but it is important to proceed with caution and a well-informed strategy. Knowing the industry’s history, trends, and key drivers is critical to making informed investment decisions. Additionally, diversification is key to managing risk and maximizing potential returns. Investors should carefully consider their individual financial goals, risk tolerance, and portfolio objectives when investing in oil stocks, and seek professional advice as needed. With careful consideration and a disciplined approach, investing in oil stocks can potentially be a valuable addition to a diversified investment portfolio.

ExxonMobil (XOM), for example, is an integrated oil and gas company that operates as an E&P company, owns pipelines and refines crude oil. The oil markets offer no guarantees, but historically they’ve been a solid investment. Even as we shift toward renewable energy sources, the demand for oil remains high, and high demand can lead to investment gains. If you choose well-managed oil assets, you could be on track to share in the wealth. Oil and Gas REITs invest in properties that derive income from oil and gas extraction. By investing in REITs, you can gain exposure to the underlying value of the land and resources without directly managing the properties.

Oil Futures, Options and Spot Markets

Therefore, caution must be applied to ensure only high-quality ideas are picked. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. It’s a good idea to read up on the stocks you want to buy before you dive in. Industry news coverage, analyst reports and company financial statements can help you get more comfortable with your decision. And note that it can be especially risky to purchase volatile investments using high-interest debt such as credit cards. If your investments decline in value, you’ll still owe interest on the price you paid for them — deepening your losses.

For most, crude oil futures or options on oil futures will be the more realistic alternative. On the CME Globex futures exchange, a single crude contract represents 1,000 barrels. To trade futures through an online brokerage account you will need to obtain margin and pass a broker’s suitability review, not a particularly tough task these days. Meanwhile, The Intelligent Investor oil companies that operate independently of OPEC can also have an impact on oil prices. If they allocate too much capital to new projects, they can cause an oversupply and weigh on prices. Since oil and gas assets are developed over a long time, companies cannot quickly increase their supplies in response to favorable market conditions.

Risk management in this sector

Keep in mind that the cost of mineral rights can be extremely expensive. Investing via owning mineral rights is a different way to get involved. Investing this way means you’re buying a portion of the gas and oil rights that are still below the surface. With these rights, you can start producing oil on your piece of land.


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