In this article, we look at the 13 Hot Oil Stocks to Buy Now.
Amid ongoing geopolitical tensions and supply-side shifts, investors are keeping their eyes on the global oil market while remaining vigilant. On August 11, 2025, oil prices remained flat ahead of talks this week between the U.S. and Russia over the war in Ukraine. Oil experienced a 4% decline last week when OPEC+ decided to boost production by 547,000 barrels per day for September. As such, Brent Crude prices increased 0.06% to $66.63, while WTI settled up 0.13% at $65.15. Prices for both hit their lowest level in the past week.
Meanwhile, U.S. President Donald Trump threatened new tariffs on India over its Russian oil imports, reigniting trade tensions. In response, New Delhi took a strong stance, indicating a growing rift. U.S. imports from India totaled nearly $87 billion in 2024. If the new tariff rate does come into effect, it will increase the rate for some Indian goods up to 50%, effectively ending U.S. imports from India.
Citing higher supply from South America and steady output from sanctioned countries, UBS reduced its year-end Brent crude forecast to $62 a barrel from $68.
Yet, uncertainty remains over the outcome of the Trump-Putin meeting, the potential for secondary sanctions on China, and volatility in global oil demand forecasts.
With this backdrop in mind, let’s move on to our list of the 13 Hot Oil Stocks to Buy Now.
A large oil tanker container ship sailing against a sunset background.
Methodology
To curate our list of the 13 Hot Oil Stocks to Buy Now, we used the Finviz screener to extract a list of oil companies with a 6-month return of over 20%. Next, we assessed the hedge fund sentiment surrounding these stocks using Insider Monkey’s hedge fund database, which tracks over 1,000 hedge funds. Finally, we ranked these stocks in ascending order based on the number of hedge funds holding stakes in the respective stocks, as of Q1 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
13. Permian Basin Royalty Trust (NYSE:PBT)
6-Month Share Price Gain: 50.37%
Number of Hedge Fund Holders: 3
With strong share price gains and significant hedge fund interest, Permian Basin Royalty Trust (NYSE:PBT) secures a spot on our list of the 13 Hot Oil Stocks to Buy Now.
On July 21, 2025, Permian Basin Royalty Trust (NYSE:PBT) declared a $0.015 per unit cash distribution, which is payable on August 14 to holders of record on July 31. This cash distribution, which is an increase compared to last month, reflects stronger natural gas volumes and elevated oil and gas prices from the Texas Royalty Properties. The distribution does not include proceeds from the Waddell Ranch properties, where production costs for the month of May exceeded revenues.
Meanwhile, Permian Basin Royalty Trust (NYSE:PBT) announced that litigation between the Trustee and Blackbeard continues. The trial concerning more than $9 million in alleged unpaid royalties and improper deductions dating back to April 2020 is set to take place on November 17, 2025. For July, the Texas Royalty Properties contributed $901,654 net profit, reflecting oil at $68.37/bbl and gas at $11.75/Mcf.
Permian Basin Royalty Trust (NYSE:PBT), based in Dallas, Texas, operates as a U.S. oil and gas royalty trust. It is included in our list of the hot stocks to buy.
12. Geospace Technologies Corporation (NASDAQ:GEOS)
6-Month Share Price Gain: 68.74%
Number of Hedge Fund Holders: 3
Geospace Technologies Corporation (NASDAQ:GEOS) is included in our list of the 13 Hot Oil Stocks to Buy Now.
On August 4, 2025, Geospace Technologies Corporation (NASDAQ:GEOS) bought 100% of the Heartbeat Detector technology from GeoVox Security, Inc., which is a security solution developed by the U.S. Department of Energy’s Oak Ridge National Laboratory. The portable device, which has already been deployed in more than a dozen countries to curtail human trafficking, illegal border crossings, and prison escapes, delivers results in under 10 seconds with 99% accuracy. With plans to expand its market reach, Geospace is expected to offer it through a subscription model.
Furthermore, on August 11, Geospace Technologies Corporation (NASDAQ:GEOS) announced a $24 million agreement for the first major sales of the Pioneer ultralight seismic land node. Pioneer, which is designed and built in the U.S., delivers high-quality seismic data in a package that weighs less than 0.5 kg. Scheduled for delivery in Q3 2025, it offers operational efficiency and deployment speed.
For decades, the company has remained an innovative solutions provider in the oil and gas industry’s search for more energy reserves. Serving the energy exploration, security and surveillance, and industrial IoT markets, Geospace Technologies Corporation (NASDAQ:GEOS) provides technology solutions for enhanced situational awareness. It is included in our list of the hot stocks to buy.
11. Genesis Energy, L.P. (NYSE:GEL)
6-Month Share Price Gain: 53.01%
Number of Hedge Fund Holders: 5
With strong share price gains and significant hedge fund interest, Genesis Energy, L.P. (NYSE:GEL) secures a spot on our list of the 13 Hot Oil Stocks to Buy Now.
On July 31, 2025, Genesis Energy, L.P. (NYSE:GEL) reported its results for Q2 2025. The company recorded a YoY improvement in its net loss from $8.7 million to $0.4 million, while delivering $122.9 million in adjusted EBITDA. The company’s improved operations were led by the successful start-up of the Shenandoah production facility. The facility is now delivering oil to the new SYNC and expanded CHOPS pipelines. Ramp-up to 90-100 kbd is expected in the coming weeks. Meanwhile, Salamanca is well-positioned to record its first oil by Q3-end. The company expects full-year adjusted EBITDA at the low end of its $545-$575 million guidance, despite commissioning delays.
Following the earnings release, Wells Fargo maintained its ‘Buy’ rating on Genesis Energy, L.P. (NYSE:GEL) on August 1, 2025, with a $19 price target. On the same day, RBC Capital also maintained its ‘Buy’ rating with a $20 target. Both analysts maintain a bullish stance due to the strong potential of Shenandoah and Salamanca, alongside improving offshore margins and expected debt reduction by the end of 2025.
Genesis Energy, L.P. (NYSE:GEL), headquartered in Houston, Texas, provides offshore pipeline transportation, marine transportation, and onshore services. It is included in our list of the hot stocks to buy.
