Top large-cap energy stocks ranked by lowest RSI

As we move into the second half of the quarter, below is a list of large cap energy stocks ranked based on their RSI, from lowest to highest.

The list is topped by Venture Global (VG) and Antero Resources (AR), both sharing the lowest RSI of 48. Halliburton (HAL) and Occidental Petroleum (OXY) follow, with RSIs of 54 and 56 respectively.

Valero Energy (VLO), EQT Corporation (EQT), and SLB N.V. (SLB) round out the top seven, each maintaining an RSI of 58. All stocks on this list have RSI readings below 60.

The Relative Strength Index (RSI) is a momentum oscillator that measures the velocity and magnitude of price changes, plotting them on a scale from 0 to 100. RSI compares the magnitude of recent gains to recent losses over a chosen lookback period, typically 14 days. RSI readings of 70 or above are generally considered a signal that a stock may be overbought and potentially poised for a pullback.

Here is the list:

1. Venture Global, Inc. (VG), RSI: 48

2. Antero Resources Corporation (AR), RSI: 48

3. Halliburton Company (HAL), RSI: 54

4. Occidental Petroleum Corporation (OXY), RSI: 56

5. Valero Energy Corporation (VLO), RSI: 58

6. EQT Corporation (EQT), RSI: 58

7. SLB N.V. (SLB), RSI: 58

Energy ETFs: (XLE), (AMLP), (VDE), (XOP), (OIH), and (IXC)