3 Energy Stocks To Watch As Oil Prices Keep Climbing

With Brent crude near $97 and diesel at record levels, energy has moved from background cost to front-page story for farms, truck fleets and the wider supply chain. These pressures can hurt some parts of the market while creating fresh interest in others. This article looks at how that tension links back to oil and gas producers and refiners, and highlights 3 stocks from the screener that may be relevant in light of the latest news. The three stocks below are only a starting sample from this idea, and the full screen surfaced 30 more U.S. listed producers and refiners with equally compelling stories that are not covered here. To go straight to the core list and start analyzing which companies best fit your own thesis, head into the . HMH Holding supplies the drilling rigs and pressure control systems that oil and gas producers rely on, so it links into the screener through its exposure to offshore and onshore drilling activity rather than direct commodity production. The business generates most of its revenue from its ESS segment at about $422 million and its PCS segment at about $369 million, with group eliminations of about $29 million. At a market cap of roughly $858 million, HMH Holding sits in the mid cap bracket for U.S. energy services stocks. For investors watching Brent and diesel prices, HMH Holding offers a way to gain exposure to higher E&P capex through equipment and aftermarket services instead of taking direct crude price risk. The stock trades on a P/E well below many U.S. energy services peers, while recent quarterly results show softer revenue and profit, and the balance sheet leans on external borrowing. Governance is another factor to weigh, with limited board independence and a rapid refresh of directors. The combination of potential opportunities and these pressure points makes HMH a stock where a closer look at the detailed forecasts, valuation work and risk checks could be time well spent. HMH Holding's low P/E, concentrated ESS and PCS revenue mix, and reliance on borrowing raise sharp questions about what the market might be missing. Step through the to see how those pieces fit together and where the real pressure points could emerge. HMH Discounted Cash Flow as at Sep 2026 Texas Pacific Land is a royalties focused energy stock that fits this screener through its exposure to oil and gas production in the Permian Basin rather than operating wells itself. The company earns about US$553 million from Land and Resource Management, where it collects oil and gas royalties, easement fees and land leases, and about US$344 million from Water Services and Operations that supply and treat water for producers. With a market cap near US$25.0b, Texas Pacific Land is one of the larger U.S. energy linked companies in this screen. Texas Pacific Land provides exposure to high Brent and diesel prices through royalty income and water fees that do not carry the same operating cost swings as a traditional producer. The company's high margins and asset light model are attractive when oil prices are firm. However, there are real long term questions around decarbonization, water regulation in Texas and how much Permian drilling can keep supporting royalty volumes. Combined with a premium valuation, the investment case becomes more finely balanced. For investors who want a closer look at how this mix of strengths and risks could play out, Texas Pacific Land is a stock worth putting under the microscope before moving on to the rest of the screener. Texas Pacific Land's rich royalty margins and asset light model can make the premium price tag look either well earned or vulnerable. Get the full story in the TPL Discounted Cash Flow as at Sep 2026 GeoPark is a pure-play oil and natural gas exploration and production company focused on Latin America, which ties directly into this screener's aim of highlighting established producers that can be exposed to higher crude prices. Virtually all of its US$507 million in revenue comes from Oil & Gas Exploration & Production, with about US$471 million reported from Colombia, so your exposure is tightly linked to realized oil prices in that region. At a market cap of roughly US$758 million, GeoPark is a mid sized E&P that offers targeted, rather than broad, commodity exposure. Investors watching Brent near $97 may find GeoPark interesting because it is a focused way to link higher crude prices to an established Latin American production base that already has meaningful liquidity and access to capital. The company is using new drilling and field optimization techniques and pushing into projects like Venezuela's Bare Block, which together could turn higher prices into stronger cash flow and, potentially, rising production over time. Against that, you need to weigh real risks such as heavy reliance on Colombian assets, execution risk on M&A driven growth and a meaningful debt load that can bite if oil weakens or costs climb. If you are wondering how those trade offs compare when you factor in recent earnings, hedging and expansion plans, GeoPark is a stock that merits a closer look before you move on to the rest of the screen. GeoPark's focused Latin American production story can look like pure upside while masking some underappreciated trade offs. See how those opportunities and risks line up in the NYSE:GPRK Earnings & Revenue History as at Sep 2026 Seeking Fresh Alternatives Beyond Energy? Fresh ideas often move first. Screens fill with stocks building momentum while others get caught dropping off the radar. Check these shortlists before the crowd and act now. Spot potential uptrends in companies with strong cash flow and balance sheets by scanning the curated while market attention is still elsewhere. Target companies built on resilient finances by working through the focused before tightening credit conditions affect a wider range of businesses. Explore structural demand for electrification by reviewing the curated while many investors are still focused on headline commodity prices. 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. New: Manage All Your Stock Portfolios in One Place We've created the ultimate portfolio companion for stock investors, and it's free. • Connect an unlimited number of Portfolios and see your total in one currency • Be alerted to new Warning Signs or Risks via email or mobile • Track the Fair Value of your stocks Try a Demo Portfolio for Free Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com