|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.67 - 9.78|
|52 Week Range||7.40 - 9.91|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.78%|
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.
Hedge funds increased their net long positions in US crude oil futures and options by 31,906 contracts to 349,712 contracts on November 7–14, 2017.
The EIA estimated that Cushing’s crude oil inventories fell by 1,504,000 barrels to 63 MMbbls (million barrels) on November 3–10, 2017.
The EIA estimates that US gasoline inventories rose by 894,000 barrels or 0.4% to 210.4 MMbbls (million barrels) on November 3–10, 2017.
The EIA estimates that US oil inventories rose by 1,854,000 barrels to 458.9 MMbbls (million barrels) on November 3–10, 2017.
In the week ending November 3, US crude oil inventories rose by 2.2 MMbbls to 457.1 MMbbls. The market expected a fall of 2.5 MMbbls for the same week.
The EIA estimates that US gasoline demand rose by 35,000 bpd (barrels per day) or 0.4% to 9,496,000 bpd on October 27–November 3, 2017.
Between November 3 and November 10, 2017, the United States Oil Fund LP (USO) rose 2.1%, only ten basis points above the gain in US crude oil December futures.
Following Oasis Petroleum’s (OAS) 3Q17 earnings release after the market closed on November 8, its stock rose to a high of $11.23 on November 9, ~4.7% higher than the November 8 close.
In the week ended October 27, 2017, the US commercial crude oil stockpiles fell 2.4 MMbbls. That same day, US crude oil prices fell 0.1%.
On November 7, 2017, US crude oil (USO) (DBO) December futures fell 0.3% and settled at $57.20 per barrel. That was their second-highest closing price since July 1, 2015.
December US crude oil (DWT) (DBO) futures contracts fell 0.56% to $56.88 per barrel in electronic trade at 1:10 AM EST on November 8, 2017.
December US crude oil futures contracts fell 0.3% to $57.20 per barrel on November 7, 2017. Brent oil futures contracts fell 0.9% to $63.69 per barrel.
US crude oil inventories fell 15% from their peak in March 2017 for the week ending November 3, 2017, which helped oil (USO) (UCO) prices.
US crude oil futures (DWT) (USO) contracts for December delivery rose 3.1% to $57.35 per barrel on November 6, 2017.
Between October 27 and November 3, the United States Oil Fund LP (USO) rose 3.1%—just ten basis points below the rise of US crude oil December futures.
PointLogic estimates that US dry natural gas production rose by 0.9 Bcf (billion cubic feet) per day to 75.5 Bcf per day on October 26–November 1, 2017.
In the week ended October 20, 2017, US commercial crude oil inventories rose by 0.9 MMbbls (million barrels) to 457.3 MMbbls.
December WTI crude oil (USO) (SCO) (USL) futures contracts rose 0.55% to $54.68 per barrel in electronic exchange at 2:15 AM EST on November 1, 2017.