Which oil buy

Screening Filters

1. Market Cap ≥ $5B (market_cap: {'min': '5000000000'})

   • Purpose: Focus on mid/large, more established oil-related companies.
   • Rationale:
     • Larger firms in the oil space (integrated majors, large E&Ps, large service providers) tend to have better liquidity, more diversified operations, and more robust balance sheets than very small or micro-cap names.
     • This is consistent with a typical “consider buying” framing, which usually implies a preference for more stable, investable companies rather than speculative plays.

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

   • Purpose: Select oil-related stocks that are in a medium/long-term uptrend.
   • Rationale:
     • The 200-day moving average is a common technical indicator for long-term trend.
     • Requiring price above the 200-day MA screens out many structurally weak or downtrending oil names, which is especially important in a historically volatile sector like energy.
     • This aligns with the idea of “consider buying” by biasing toward names with positive price momentum rather than catching falling knives.

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

   • Purpose: Narrow the universe to companies directly involved in energy, specifically fossil fuels.
   • Rationale:
     • The user explicitly asked for “oil-related stocks,” which typically fall into the Energy sector, with a heavy concentration in fossil fuels (oil & gas exploration, production, refining, and services).
     • Limiting to these sectors avoids unrelated industries and keeps the focus on businesses whose performance is strongly tied to oil and gas dynamics.

4. Theme = Oil Sector (themes: ['Oil sector'])

   • Purpose: Ensure businesses are specifically tied to oil, not just general energy (e.g., utilities or renewables).
   • Rationale:
     • Even within “Energy,” there are utilities, renewable energy firms, pipelines, etc.
     • The “Oil sector” theme further tightens the list to companies whose revenue and earnings are closely linked to crude oil (and often natural gas) prices—directly serving the user’s “oil-related” focus.

5. Exchange = NYSE / NASDAQ / AMEX (list_exchange: ['XNYS', 'XNAS', 'XASE'])

   • Purpose: Limit results to major U.S. exchanges.
   • Rationale:
     • NYSE, NASDAQ, and AMEX typically host more liquid, better-regulated, and widely followed firms.
     • This improves trade execution quality and information availability versus OTC or very small foreign markets, which is helpful for most investors considering new positions.

6. P/E (TTM) Between 4 and 18 (pe_ttm: {'min': '4', 'max': '18'})

   • Purpose: Target oil stocks trading at reasonable valuations, avoiding extreme outliers.
   • Rationale:
     • A lower bound (4) filters out some ultra-depressed earnings or distorted P/Es that can occur with very low earnings or one-time losses.
     • An upper bound (18) avoids highly expensive names relative to current earnings, which can be risky in a cyclical sector like oil where earnings can compress quickly.
     • Together, these ranges favor relatively “value-oriented” or fairly priced oil companies rather than speculative high-multiple bets.

7. Dividend Yield (TTM) Between 2% and 8% (dividend_yield_ttm: {'min': '2', 'max': '8'})

   • Purpose: Identify oil stocks that provide income but avoid extreme, potentially unsustainable yields.
   • Rationale:
     • Many oil majors and large E&Ps are known for paying dividends; a 2–8% range captures solid income producers.
     • Yields under 2% may not be meaningful for income-seeking investors, while yields above ~8% in this sector can be a red flag for distress or anticipated dividend cuts.
     • This supports a more conservative, income-aware approach to oil investing.

Why Results Match Your Request

• The sector and theme filters tightly align the list with oil-related companies, excluding non-oil energy names.
• The market cap and exchange filters steer you toward larger, more liquid, investable oil stocks, not thinly traded or highly speculative names.
• The price above 200-day MA filter focuses on oil stocks currently in an uptrend, which is consistent with candidates you might realistically “consider buying” rather than those in clear downtrends.
• The P/E and dividend yield filters highlight reasonably valued, income-generating oil companies, which are often more suitable for long-term investors looking to participate in the oil sector with some balance of risk and reward.