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Although economic dynamics have pressured crude oil prices, the respite may not last for long, suggesting investors should consider these oil stocks to buy on the dip. Murphy USA ( MUSA ): Though retail gasoline stations like Murphy USA may have taken a small hit, the normalization of society could eventually lift MUSA shares. Exxon Mobil ( XOM ): Down slightly over the trailing month, Exxon Mobil still benefits from its diversified hydrocarbon business. Shell ( SHEL ): A recent victim of geopolitical rumblings, Shell’s extraordinary relevance still makes it one of the best oil stocks to buy on the dip. Devon Energy ( DVN ): One of the largest independent oil and gas firms, Devon Energy benefits from renewed interest in domestic hydrocarbon production. Marathon Oil ( MRO ): Another independent name in the exploration and production field, Marathon Oil recent volatility may provide an attractive entry point for speculators. Occidental Petroleum ( OXY ): More of a flat-trading entity rather than one of the oil stocks to buy on the dip, Occidental Petroleum still intrigues for its midstream business arm. Matador Resources ( MTDR ): A small-cap idea in the exploration and production segment, Matador Resources is […]
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