3 Oil And Gas Stocks Worth Screening As Energy Prices Stay Elevated

Oil prices pressing above $100 Brent and Treasury yields near multiyear highs have turned the usual playbook on its head, punishing broad equity indices while throwing a fresh spotlight on integrated oil and gas producers exposed to this spike. For investors, that mix of stress and potential opportunity can be hard to read. This article explains the backdrop and highlights 3 stocks from our screener that appear positively exposed to the current news shock.

Those three integrated players are only a sample, though, as the full screen turned up 16 more large oil and gas businesses with equally compelling storylines that are not covered below. To see the complete set and start identifying your own highest conviction ideas, head straight into the Global Integrated Oil & Gas Producers screener

Longyan Zhuoyue New Energy (SHSE:688196)

Overview: Longyan Zhuoyue New Energy produces biodiesel, sustainable aviation fuel and other bio-based materials in China, supplying both domestic and export markets.

Market Cap: CN¥4.9b

Longyan Zhuoyue New Energy provides exposure to alternative fuels that may see stronger interest when fossil fuel prices stay elevated. However, its P/E of 87.4x, thin 1.8% net margin and weak dividend cover mean the investment case depends heavily on how one unseen pressure shapes the balance between fast growth expectations and actual cash earnings.

That tension between rich P/E and fragile margins makes the DCF valuation analysis for Longyan Zhuoyue New Energy a useful way to see whether expectations look stretched or still grounded in the cash story.

ADNOC Gas (ADX:ADNOCGAS)

Overview: ADNOC Gas processes and transports natural gas and related liquids in the UAE, supplying domestic industries and export customers through integrated gas infrastructure.

Operations: ADNOC Gas generates about US$16.3b in revenue from its Gas Business segment, all sourced from operations within the United Arab Emirates.

Market Cap: AED250.1b

ADNOC Gas matters in this integrated oil and gas screen because it concentrates your exposure on gas processing and pipelines in a region where supply security is front page news.

"Planned 30 percent capacity expansion by 2029 through MERAM, Rich Gas Development and Ruwais LNG is intended to position ADNOC Gas to address structurally rising regional and Asian gas demand."

The key variable is how one set of long term demand and pricing assumptions ultimately flows through to earnings resilience and dividend capacity.

If that balance between long term assumptions and dividend firepower matters to you, read the full narrative for ADNOC Gas to see what could be accelerating or stalling ADNOC Gas.

Reliance Industries (NSEI:RELIANCE)

Overview: Reliance Industries runs a large integrated energy and petrochemicals platform alongside sizeable retail and digital services businesses linked to India’s growth.

Operations: Reliance Industries generates about ₹6.9t from Oil to Chemicals, ₹3.3t from Retail and ₹1.5t from Digital Services, with smaller oil and gas and other activities.

Market Cap: ₹17.3t

For the Global Integrated Oil & Gas Producers theme, Reliance Industries gives you broad exposure to refining, petrochemicals and fuel marketing. It then layers high-growth retail and digital activity on top, which is where the cleaner energy story begins to reshape the long-term mix.

"The multi-year scale-up and vertical integration of the new energy complex (solar PV, batteries, green hydrogen, green ammonia) directly leverages global and national clean energy transition policies, creating new, sustainable revenue streams and enhancing future returns on capital as these businesses transition to self-funding and away from legacy hydrocarbons."

What really moves the dial for Reliance Industries now is how one still-evolving policy and pricing backdrop feeds through into those future margins.

That policy and pricing backdrop is already reshaping expectations. Read the full narrative for Reliance Industries to see how Reliance Industries’ energy and consumer engines might be accelerating next.

Seeking Alternatives Before The Crowd

Markets move fast when momentum shifts. Fresh ideas can be caught flying higher or dropping away before most investors react. Scan these curated shortlists while it matters and get in early.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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