There are plenty of top oil stocks out there, from Range Resources (RRC) to EOG (EOG). However, when it comes to America’s largest and best oil stocks, venerable Exxon Mobil (XOM) and its chief rival Chevron (CVX) are the duo to beat.
Among the world’s largest corporations, XOM and CVX hold huge oil and natural gas reserves and are responsible for the bulk of the planet’s energy production. The huge scale of these top oil stocks provides cost savings and other advantages many smaller firms could only dream of — great news for holders of Exxon stock and Chevron stock.
But while that’s all well and good when comparing these two to smaller independent oil stocks, what about when we put XOM stock face-to-face with CVX stock? Which of the two largest oil stocks will be the best bets for investors in the upcoming year?
Will, each of the two oil stocks offers plenty of pros and cons, but only one will reign supreme. With that in mind, we offer our look at XOM stock and CVX stock to help you choose which is your best bet in 2014.