Crude oil stocks

Screening Filters

1. Market Cap ≥ $2,000,000,000

   • Purpose: Focus on larger, more established oil-related companies.
   • Rationale:
     • The user asked generally for “stocks related to crude oil,” not speculative microcaps.
     • A $2B+ market cap threshold tilts results toward major integrated oil companies, E&Ps (exploration & production), refiners, and pipelines that are meaningfully tied to crude oil prices and supply/demand.
     • These firms tend to have more robust financials, better disclosure, and broader analyst coverage, making them more suitable for analysis and investing.

2. Price ≥ $5 per share

   • Purpose: Exclude penny stocks and highly speculative names.
   • Rationale:
     • Low-priced shares in the energy space are often distressed or extremely volatile, which isn’t implied by the user’s broad request.
     • A $5+ price filter generally screens out many subscale or near-bankrupt oil names and focuses on more stable companies where crude oil exposure is clearer and business models are more established.

3. Monthly Average Dollar Volume ≥ $1,000,000

   • Purpose: Ensure the selected stocks are reasonably liquid and tradable.
   • Rationale:
     • Liquidity is crucial for entering and exiting positions at fair prices.
     • A $1M+ average dollar volume per month (or more likely per day, depending on the data source) helps avoid illiquid oil stocks where spreads are wide and prices can be easily manipulated, giving the user a more practical investment universe.

4. Sector: Energy / Energy – Fossil Fuels

   • Purpose: Directly target companies whose primary business is in the energy sector, especially fossil fuels.
   • Rationale:
     • Crude oil is a fossil fuel; companies in these sectors include integrated oil majors, exploration & production, oilfield services, and refiners – all tightly linked to crude oil prices.
     • This filter ensures that the results are not just any “energy” (e.g., utilities or renewables) but specifically those whose revenues and profits are driven by oil and gas.

5. Theme: “Oil sector”

   • Purpose: Sharpen the focus within energy to stocks explicitly classified as part of the oil industry.
   • Rationale:
     • Many energy companies touch different areas (gas, power generation, renewables).
     • Using the “Oil sector” theme helps capture names whose operations are significantly tied to crude oil – from drilling and production to transportation and refining – aligning very precisely with “stocks related to crude oil.”

6. Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, AMEX)

   • Purpose: Limit results to major U.S. exchanges.
   • Rationale:
     • These exchanges list many of the world’s key oil companies and U.S.-listed ADRs of foreign oil majors.
     • Major U.S. exchanges typically have higher listing standards, better liquidity, and more transparency, making the results more investable and easier to research for most users.

7. Index Membership: GSPC (S&P 500), DJI (Dow Jones), NDX (Nasdaq 100), RUT (Russell 2000)

   • Purpose: Emphasize widely followed, benchmark-index constituents.
   • Rationale:
     • Oil-related stocks in these indices are generally larger, more established, and systemically important within the energy sector.
     • Being in major indices usually implies better governance, reporting standards, and analyst coverage.
     • For a user looking for “some stocks related to crude oil,” these are likely the core names (e.g., integrated majors, big E&Ps, key refiners) that move with crude and are familiar to the market.

Why Results Match the User’s Request

• The sector and theme filters directly align the screen with companies whose business models depend on crude oil – from exploration and production to refining and related services.
• The market cap, price, and liquidity filters steer the results toward established, tradable crude-oil-related stocks rather than tiny, speculative names.
• The exchange and index membership filters focus on well-known, higher-quality oil companies that are easier for most investors to access and research.

Together, these filters are designed to return a focused list of recognizable, investable stocks whose performance is meaningfully tied to crude oil markets.