This video is part of our "Motley Fool Conversations" series, in which advisor Charly Travers and analyst Mike Olsen discuss topics across the investing world.

Oil stocks are hotter than the commodity itself. With oil breaching $100 a barrel, the stocks of integrated oil companies like ExxonMobil, BP, Chevron, and ConocoPhillips are near 52-week highs. Do these stocks have room to run, or should investors wait for a pullback? Mike offers an unusual thesis on ConocoPhilips, which suggests why this company should be viewed through a different lens than its peers.

As oil prices climb, investors can find opportunities to ride the wave of surging profits for energy companies. Take a look at the top oil stocks recommended by Motley Fool analysts in a recent special free report: "3 Stocks for $100 Oil." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Fool on!