3 Oil Stocks Set to Deliver 50%+ Returns in 2026
Oil prices have soared by over 50% in the past month, and stocks like Exxon Mobil, Occidental Petroleum, and Marathon Petroleum are well-positioned to keep rallying. The uncertainty over the reopening of the Strait of Hormuz is keeping oil prices elevated, allowing energy stocks in the Western Hemisphere to surge as Asian demand shifts away from the Gulf.
Oil prices have increased significantly due to uncertainty over the Strait of Hormuz reopening. Exxon Mobil, Occidental Petroleum, and Marathon Petroleum are expected to benefit from this situation. These companies have operations in the Western Hemisphere, making them less vulnerable to volatility in the Gulf. As a result, they are likely to see increased investments and higher oil prices. Exxon Mobil and Occidental Petroleum have already seen significant gains, with Occidental being a favorite of Warren Buffett. The ongoing conflict and shifting demand are expected to keep oil prices high, benefiting these energy stocks.
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