|Day's Range||60.71 - 61.53|
|52 Week Range||57.20 - 78.48|
|PE Ratio (TTM)||-86.77|
|Dividend & Yield||3.04 (4.98%)|
|1y Target Est||N/A|
A mammoth tanker docking Friday at the Port of Corpus Christi was a historic event and a successful test. A 1,093-foot-long EuroNav tanker named the Anne docked at the Occidental Petroleum Corp. (OXY) crude oil export facility just two hours south of San Antonio in the San Patricio County town of Ingleside. Classified as a Very Large Crude Carrier, or VLCC tanker, the Belgian-owned ship is the largest crude oil tanker to call on a Gulf of Mexico port and is expected to boost crude oil exports from the Lone Star State.
Markets are reacting favorably as OPEC hints at a 9-month extension of its production cut deal with the May 25 meeting just around the corner
This part of the series compares the returns of an equally weighted selection of oil stocks that operate with production mixes of at least 60.0% in crude oil (DBO)(USL) with crude oil.