Three energy stocks that could give you the biggest gains this month – Halliburton (NYSE:HAL), Devon Energy (NYSE:DVN)

The most oversold stocks in the energy sector offer an opportunity to buy undervalued companies.

RSI is a momentum indicator that compares a stock’s strength when its price is rising to its strength when its price is falling. It gives traders a better idea of ​​a stock’s short-term performance than a stock’s price movement. According to Benzinga Pro, when the RSI is below 30, an asset is typically considered oversold.

Below is the latest list of major oversold players in the sector with RSI near or below 30.

Phillips 66 PSX

• On Dec. 16, the company laid out its 2025 capital budget and announced an agreement to sell DCP GCX Pipeline LLC. The company’s shares have fallen about 16% in the past month, falling to $108.90, a 52-week low.
• Relative Strength Index Value: 26.9
• PSX Price Trend: Shares of Phillips 66 rose 1.7% to close at $113.93 on Tuesday.
• Benzinga Pro’s live feed alerts you to the latest PSX news.

Halliburton Company Hal

• On December 18, Barclays analyst David Anderson downgraded Halliburton’s rating from “overweight” to “equal weight” and lowered the target price from $43 to $33. The company’s shares have fallen about 14% over the past month, falling to $25.51, a 52-week low.
• Relative Strength Index Value: 29.5
• HAL Price Trend: Halliburton shares rose 0.9% to close at $27.19 on Tuesday.
• Benzinga Pro’s charting tools can help identify trends in HAL stock.

Devon Energy digital network

• Devon Energy will retire as chief executive and director effective March 1.
• Relative Strength Index Value: 26.6
• DVN Price Trend: Devon Energy shares rose 2.4% to close at $32.73 on Tuesday.
• Benzinga Pro’s Signals feature notifies DVN stock of a potential breakout.

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