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Stock impact report

AI & Big Data in Energy: 3 Oil & Gas Stocks to Keep an Eye On [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Notably, exploration and production companies are leveraging AI algorithms for analyzing seismic data, optimizing drilling operations and predicting reservoir behavior. This reduces exploration risks while maximizing the recovery rate of hydrocarbons. Moreover, with the utilization of AI-powered drones and sensors across upstream operations, the identification of potential resource deposits is being done with greater accuracy and efficiency than traditional methods. Considering the backdrop, investors should keep an eye on three energy stocks — Shell plc SHEL, BP plc BP and Chevron Corporation CVX — as these leading oil and gas companies are using AI and big data to enhance their operations, boost efficiency and make data-driven decisions. All the stocks currently carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here 3 Stocks Harnessing AI and Big Data To reduce downtime and maintenance expenses, Shell is employing AI an Show less Read more
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