In this segment, Motley Fool analysts Joel South and Taylor Muckerman discuss their top 5 energy companies to watch. The top five can be found here

ConocoPhillips (COP -0.34%) continues to reward shareholders since spinning off Phillips 66 (PSX -3.71%) into an enormously successful refining and chemicals business last year. The new independent E&P company is earmarking 75% of capital expenditures to develop high return on investment plays, particularly shale plays in the United States. Besides possessing an incredible portfolio of oil assets, Conoco pays a strong dividend, and with production and margin growth, shareholders can continue to load up on this stable oil producer.