Best oil stocks right now

Screening Filters

1. Market Cap ≥ $10B ('market_cap': {'min': '10000000000'})

   • Purpose: Focus on large, established oil companies.
   • Rationale: When people ask for the “best oil stocks,” they usually mean stable, liquid, well‑known names (majors and large independents), not tiny explorers. A $10B+ threshold helps:
     • Reduce risk associated with small, speculative producers.
     • Improve liquidity (easier to enter/exit positions).
     • Emphasize companies with more diversified operations and stronger balance sheets.

2. Price Above 200-Day Moving Average ('moving_average_relationship': ['PriceAboveMA200'])

   • Purpose: Only include oil stocks in a longer-term uptrend.
   • Rationale: The “best right now” suggests stocks with positive momentum and technical strength, not ones still in clear downtrends. Trading above the 200-day MA:
     • Signals longer-term bullish sentiment.
     • Filters out structurally weak charts, even if the story sounds good.
     • Aligns with trend-following principles often used for timing entries.

3. 1-Month Price Change ≥ +5% ('month_price_change_pct': {'min': '5'})

   • Purpose: Capture names already showing recent strength in the current market environment.
   • Rationale: “Right now” also implies near-term relative outperformance. A minimum +5% over the past month:
     • Highlights stocks that the market is actively rewarding.
     • Avoids names that are flat or lagging peers.
     • Reinforces short-term momentum on top of the 200‑day trend.

4. Sector = Energy / Energy – Fossil Fuels ('sector': ['Energy', 'Energy - Fossil Fuels'])

   • Purpose: Target oil-related companies specifically within the broader equity universe.
   • Rationale: “Oil stocks” is typically shorthand for energy producers, refiners, and related fossil fuel businesses. Limiting to Energy / Energy – Fossil Fuels:
     • Excludes non-energy sectors.
     • Focuses on oil & gas E&P, integrated majors, refiners, and related fossil-fuel names most tied to oil prices.

5. Return on Equity ≥ 10% ('return_on_equity': {'min': '10'})

   • Purpose: Emphasize financially efficient and profitable oil companies.
   • Rationale: “Best” often implies quality, not just price momentum. A 10%+ ROE filter:
     • Screens for firms generating solid returns on shareholder capital.
     • Filters out chronically unprofitable or poorly managed operators.
     • Tilts results toward companies that have historically used capital effectively, even in a cyclical sector.

Why Results Match “Best Oil Stocks Right Now”

• Oil-specific: The sector filter ensures you’re looking at companies whose fortunes are directly tied to oil and fossil fuels.
• Quality & stability: Large-cap and ROE constraints push the list toward established, profitable leaders rather than speculative small caps.
• Current strength: The price-above-200-day-MA and recent 1‑month price gain criteria focus on names the market currently favors, aligning with the “right now” aspect of your request.

Together, these filters aim to surface large, profitable oil companies that are both fundamentally strong and currently performing well in the market.