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3 Energy Stocks Trading at Oversold Levels Worth Watching

MarketDash Editorial Team
2 hours ago
When energy stocks get beaten down enough, they can present interesting opportunities. These three companies are showing RSI readings below 30, a technical signal that often indicates oversold conditions and potential near-term reversals.

Sometimes the most interesting opportunities in the energy sector come from stocks that have been thoroughly beaten up. When a stock falls hard enough, technical indicators can signal that it's oversold and potentially due for a bounce.

The Relative Strength Index (RSI) is a momentum indicator that compares a stock's strength on up days versus down days. It gives traders a window into how a stock might behave in the short term. The general rule? When RSI dips below 30, an asset is typically considered oversold. That doesn't guarantee a rebound, but it suggests the selling pressure may have gotten excessive.

Here are three energy sector players currently showing RSI readings near or below that 30 threshold, signaling they're in deeply oversold territory.

Delek US Holdings Inc

Delek US Holdings Inc (DK) has had a rough month, with shares dropping around 23%. The stock is now trading well above its 52-week low of $11.02, but the recent selling has pushed its RSI down to 24.

Despite the weakness, Wall Street analysts still see upside potential. On December 12, Mizuho analyst Nitin Kumar maintained an Outperform rating on Delek US and raised his price target from $45 to $51. That suggests meaningful upside from current levels if the company can stabilize.

RSI Value: 24

DK Price Action: Shares of Delek US Holdings fell 0.9% to close at $29.66 on Wednesday.

Edge Stock Ratings: 89.36 Momentum score.

Par Pacific Holdings Inc

Par Pacific Holdings Inc (PARR) has faced similar pressure, with the stock sliding around 24% over the past month. The company's 52-week low sits at $11.86, and its current RSI reading of 27.9 puts it firmly in oversold territory.

On December 22, Par Pacific announced its 2026 capital expenditure and turnaround outlay guidance, projecting spending between $190 million and $220 million. That kind of forward guidance can help investors understand how the company plans to allocate resources in the year ahead.

RSI Value: 27.9

PARR Price Action: Shares of Par Pacific fell 1.1% to close at $35.14 on Wednesday.

PermRock Royalty Trust

PermRock Royalty Trust (PRT) shows the most extreme oversold condition of the three, with an RSI reading of just 13.6. That's deeply oversold by any standard. The stock has tumbled around 27% over the past month and is currently trading near its 52-week low of $2.73.

Back in August, PermRock Royalty Trust posted second-quarter earnings of 10 cents per share, down from 11 cents per share in the year-ago period. The earnings decline may help explain some of the recent weakness, though the extent of the selloff has pushed technical indicators to extreme levels.

RSI Value: 13.6

PRT Price Action: Shares of PermRock Royalty Trust fell 4.6% to close at $2.79 on Wednesday.

When stocks reach these kinds of oversold levels, it doesn't guarantee an immediate reversal. But it does suggest that selling pressure has become intense, and any positive catalyst could spark a sharp rebound. For investors willing to tolerate volatility, deeply oversold energy stocks can present interesting risk-reward setups, particularly if you believe the underlying fundamentals remain intact despite recent price weakness.

Back to Stock Market News

3 Energy Stocks Trading at Oversold Levels Worth Watching

MarketDash Editorial Team
2 hours ago
When energy stocks get beaten down enough, they can present interesting opportunities. These three companies are showing RSI readings below 30, a technical signal that often indicates oversold conditions and potential near-term reversals.

Sometimes the most interesting opportunities in the energy sector come from stocks that have been thoroughly beaten up. When a stock falls hard enough, technical indicators can signal that it's oversold and potentially due for a bounce.

The Relative Strength Index (RSI) is a momentum indicator that compares a stock's strength on up days versus down days. It gives traders a window into how a stock might behave in the short term. The general rule? When RSI dips below 30, an asset is typically considered oversold. That doesn't guarantee a rebound, but it suggests the selling pressure may have gotten excessive.

Here are three energy sector players currently showing RSI readings near or below that 30 threshold, signaling they're in deeply oversold territory.

Delek US Holdings Inc

Delek US Holdings Inc (DK) has had a rough month, with shares dropping around 23%. The stock is now trading well above its 52-week low of $11.02, but the recent selling has pushed its RSI down to 24.

Despite the weakness, Wall Street analysts still see upside potential. On December 12, Mizuho analyst Nitin Kumar maintained an Outperform rating on Delek US and raised his price target from $45 to $51. That suggests meaningful upside from current levels if the company can stabilize.

RSI Value: 24

DK Price Action: Shares of Delek US Holdings fell 0.9% to close at $29.66 on Wednesday.

Edge Stock Ratings: 89.36 Momentum score.

Par Pacific Holdings Inc

Par Pacific Holdings Inc (PARR) has faced similar pressure, with the stock sliding around 24% over the past month. The company's 52-week low sits at $11.86, and its current RSI reading of 27.9 puts it firmly in oversold territory.

On December 22, Par Pacific announced its 2026 capital expenditure and turnaround outlay guidance, projecting spending between $190 million and $220 million. That kind of forward guidance can help investors understand how the company plans to allocate resources in the year ahead.

RSI Value: 27.9

PARR Price Action: Shares of Par Pacific fell 1.1% to close at $35.14 on Wednesday.

PermRock Royalty Trust

PermRock Royalty Trust (PRT) shows the most extreme oversold condition of the three, with an RSI reading of just 13.6. That's deeply oversold by any standard. The stock has tumbled around 27% over the past month and is currently trading near its 52-week low of $2.73.

Back in August, PermRock Royalty Trust posted second-quarter earnings of 10 cents per share, down from 11 cents per share in the year-ago period. The earnings decline may help explain some of the recent weakness, though the extent of the selloff has pushed technical indicators to extreme levels.

RSI Value: 13.6

PRT Price Action: Shares of PermRock Royalty Trust fell 4.6% to close at $2.79 on Wednesday.

When stocks reach these kinds of oversold levels, it doesn't guarantee an immediate reversal. But it does suggest that selling pressure has become intense, and any positive catalyst could spark a sharp rebound. For investors willing to tolerate volatility, deeply oversold energy stocks can present interesting risk-reward setups, particularly if you believe the underlying fundamentals remain intact despite recent price weakness.