|Day's Range||31.49 - 32.09|
|52 Week Range||28.79 - 50.69|
|PE Ratio (TTM)||54.26|
|Dividend & Yield||0.24 (0.75%)|
|1y Target Est||N/A|
The shale driller blasted past expectations while also reporting great news about its future.
Oil traders are wrong. The clash between Qatar and the Saudis is bullish, not bearish, for oil prices. At least in the long run, as it changes the geopolitics of the oil market.
For the week ended July 14, crude oil (USO) prices reversed their losses from the previous week. Crude oil prices rose from $44.23 per barrel to $46.54 per barrel, an increase of more than 5%.