3 Oil Stocks to Avoid During 4th of July Week

Core Insights - The article identifies the three worst-performing stocks during the 4th of July week, all from the oil and gas sector, specifically Exxon Mobil Corp, Hess Corp, and EOG Resources Inc [1] Exxon Mobil Corp (XOM) - XOM is noted as the worst stock to own during the week of July 4th, with an average weekly loss of 1.2% over the past decade and finishing lower 90% of the time [2] - The stock is currently trading at $108.67 and has been in a descending trendline since November [2] Hess Corp (HES) - HES has historically finished the 4th of July week lower 80% of the time, averaging a drop of 1.9% [3] - The stock is currently trading at $138.36 and has experienced a decline of more than 13% for the quarter, with a potential test of its 4% gain in 2025 [3] EOG Resources Inc (EOG) - EOG averages a 1.7% drop during the 4th of July week and has been lower 80% of the time [4] - The stock is currently trading at $119.76 and is below its 2025 breakeven level, on track for a third consecutive drop [4]