Matt DiLallo, The Motley Fool
Tue, March 3, 2026 astatine 4:51 AM CST 5 min read
Oil prices person surged this year. Brent oil, the planetary terms benchmark, is up much than 30% this year, rising from $60 a tube to astir $80. Concerns astir however a prolonged warfare with Iran mightiness interaction lipid supplies are the main origin fueling the surge successful crude prices.
While the existent struggle could proceed to propulsion crude prices higher, oil prices mightiness not enactment precocious for long. Here are 3 lipid companies that tin inactive thrive adjacent if lipid prices fall. That makes them basal retired arsenic the top lipid stocks to buy this March amid each the uncertainty facing the planetary lipid market.
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Chevron (NYSE: CVX) is simply a planetary lipid and state giant. Its ample standard and abundance of low-cost resources alteration it to thrive successful astir immoderate marketplace environment. Chevron tin make capable currency to screen its superior spending program and dividend astatine an mean Brent terms beneath $50 a tube done 2030.
It expects to present industry-leading escaped currency travel maturation this year, without immoderate boost from lipid prices. A operation of precocious completed enlargement projects, the closing of its merger with Hess, and its cost-savings initiatives enactment it connected gait to make an further $12.5 cardinal successful escaped currency travel this twelvemonth if Brent averages $70 a tube (right astir past year's average). Meanwhile, Chevron expects to turn its escaped currency travel astatine a complaint of much than 10% annually done 2030, fueled by the continued completion of major superior projects.
Chevron's increasing escaped currency travel volition springiness it much wealth to instrumentality to shareholders. It returned $27.1 cardinal to investors past twelvemonth done stock repurchases and dividends. The lipid elephantine precocious accrued its dividend by different 4%, extending its maturation streak to 39 consecutive years. Chevron's increasing escaped currency travel and currency returns should make a batch of worth for investors successful the coming years, adjacent if lipid prices chill off.
ConocoPhillips (NYSE: COP) besides has a immense portfolio of low-cost lipid and state resources. Its pre-dividend escaped currency travel breakeven level is presently successful the mid-$40s. Meanwhile, its dividend adds astir $10 to the breakeven level. The company's debased breakeven level enables it to make tons of escaped currency flow. Last year, it generated $7.3 cardinal successful escaped currency astatine an mean Brent terms of conscionable implicit $69 per barrel, easy covering the $4 cardinal successful dividends it paid.

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