|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.70 - 28.08|
|52 Week Range||20.55 - 29.57|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 22, 2018 - Feb 26, 2018|
|Forward Dividend & Yield||0.20 (0.71%)|
|1y Target Est||31.41|
Currently, ~69.0% of Wall Street analysts tracking Kosmos Energy (KOS) rate it as a “strong buy” or "buy."
In 9M17, Cabot Oil & Gas (COG) reported revenues of ~$1.4 billion, which is ~63.0% higher than its 9M16 revenues of ~$839.0 million.
For Chesapeake Energy (CHK) stock, the current implied volatility is ~47.2%, which is 8.9% lower than its 15-day average of ~54.7%.
U.S. natural gas futures, shrugging off the weak storage report, ended higher last week, underpinned by hopes of below average temperatures.
Bottoming bases occur in some new market winners at the end of a severe correction. Here are some tips on how to identify the constructive action.
Since 2008, the natural gas rig count has fallen ~89% from its record high. But the fall was unable to stop the rise in natural gas supplies.
On November 17, short interest as a percentage of float, or the short interest ratio, for Chesapeake Energy (CHK) stock was ~19.1%.
On November 13–November 20, 2017, natural gas–weighted stocks fell 5%. Natural gas prices fell 3.8% between these two dates.
EQT (EQT) had a correlation at 53.3% with oil prices in the trailing week. It was the natural gas–weighted stock that might escape oil’s moves.
U.S. natural gas futures, shrugging off the first storage withdrawal of the season, ended lower last week, underpinned by unfavorable weather forecasts and strength in the commodity's production.
In the week ending November 3, 2017, natural gas inventories rose by 15 Bcf to 3,790 Bcf. The rise was in line with the markets' expected rise.
As of November 10, 2017, December US natural gas futures contract price closed at $3.21 per MMBtu. The Henry Hub natural gas spot price settled at $3.14 per MMBtu.
Chevron and Halliburton are among the top companies to consider and Exxon Mobil and Chesapeake should probably be avoided, analysts say.
Between November 6 and November 13, 2017, our list of natural-gas-weighted stocks fell 0.7%, but natural gas prices rose 1.1% during this time period.
To conclude our series on the biggest movers in the refining, marketing, and integrated energy sector, we'll now look at Wall Street recommendations for the leading gainers and decliners this week.
A U.S. federal appeals court on Wednesday lifted a temporary stay of construction on Williams Cos Inc's nearly $3 billion Atlantic Sunrise natural gas pipeline from Pennsylvania to South Carolina. Atlantic Sunrise will transport up to 1.7 billion cubic feet of gas from the Marcellus shale in Pennsylvania to markets in the U.S. Mid Atlantic and Southeast.
Having looked at the percentage gainers, we'll now move on to the percentage losers from the oil and gas production—or upstream—sector in the United States this week.