Analysts Pick ExxonMobil, Chevron Among Oil Stocks
Long Player analysts Dhierin Bechai and Daniel Jones named ExxonMobil, Chevron, Enterprise Products Partners and Western Midstream as oil-stock picks.
Updated on Oct. 31, 2026 in Oil and Gas
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On October 31, analysts Dhierin Bechai and Daniel Jones of Long Player included ExxonMobil, Chevron, Enterprise Products Partners and Western Midstream among their oil-stock picks. Chord Energy was presented as a higher-risk option with a lower valuation.
Why it matters
The picks highlight how analysts are weighing established integrated and midstream producers against smaller, more leveraged independents. Chord Energy's plan to sell its Marcellus position reflects an effort to reduce debt and concentrate on core assets.
Chord Energy trades at an EV/EBITDA multiple of 2.8 times, below the four-to-six-times industry range, and projects free cash flow of $1.13 billion to $1.39 billion. ExxonMobil management expects earnings to grow $25 billion and cash flow $35 billion between 2024 and 2030.
The players
ExxonMobil
ExxonMobil is one of the largest publicly traded integrated oil and gas companies in the United States, with operations spanning upstream production, refining and chemicals.
Chevron
Chevron is a major American integrated energy company engaged in oil and gas exploration, production, refining and renewable fuels.
Chord Energy
Chord Energy is an independent oil and natural gas producer with operations in the Williston Basin and other U.S. shale regions.
The details
Analysts discussed their oil-stock selections, placing ExxonMobil, Chevron, Enterprise Products Partners and Western Midstream on the favored list. Chord Energy was singled out as a riskier pick at a discounted valuation, with the company planning to sell its Marcellus position to lower leverage.
Timeline
October 31, 2026: Long Player analysts discuss oil-stock picks.
2024-2030: ExxonMobil's projected earnings and cash flow growth period.
2040: ExxonMobil expects its low-carbon businesses to generate $13 billion in earnings.
Market Landscape
The analyst picks reflect a divide between integrated majors such as ExxonMobil and Chevron, which have guided to multi-year earnings and cash flow growth, and smaller producers like Chord Energy that are reducing leverage. Selling assets to cut debt is a common response among independents seeking to attract investors in a market that rewards balance-sheet strength.
Investors weighing energy exposure may compare integrated majors' projected growth against the discounted valuation of higher-risk independents like Chord Energy. Individual portfolio decisions depend on each investor's risk tolerance and time horizon.
The takeaway
Comparing valuation multiples alongside company-stated growth targets can clarify the tradeoff between stability and higher risk in oil-sector investing.
Further reading
Explore more on the Oil and Gas sector to see how U.S. producers are positioning their portfolios.
Source note: This article includes information reported by TokenPost.
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