47.56 0.00 (0.00%)
After hours: 5:27PM EDT
|Bid||0.00 x 1300|
|Ask||48.77 x 1300|
|Day's Range||46.84 - 47.69|
|52 Week Range||43.53 - 66.03|
|Beta (3Y Monthly)||0.38|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||0.12 (0.26%)|
|1y Target Est||64.18|
HighPoint Resources (HPR), a DJ Basin–focused E&P (exploration and production) company, was the top upstream gainer in the week that ended on October 12. It rose 7.8% last week. Despite this gain, HPR has fallen ~11% YTD (year-to-date). It has underperformed the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which has risen 22.9%.
Stocks that moved substantially or traded heavily Monday: Harris Corp., up $18.38 to $173.25 The defense contractor said it will combine with competitor L3 Technologies in an all-stock deal. Autodesk Inc., ...
This week, specific events could impact oil and natural gas prices. The EIA’s (U.S. Energy Information Administration) Drilling Productivity Report is scheduled to be released early this week. The report could be an important road map for oil and natural gas prices. The EIA’s latest oil and natural gas inventory data are scheduled to be released on October 17–18, respectively. The data could be an important short-term driver for oil and natural gas prices.
EQT Midstream Partners, LP and EQT GP Holdings, LP will host a joint teleconference with security analysts on October 25, 2018, beginning at 11:30 a.m. ET. Topics of the teleconference will include financial and operational results, and other matters, with respect to the third quarter 2018.
EQT Corporation will host a teleconference with security analysts on October 25, 2018, beginning at 10:30 a.m. ET. Topics of the teleconference will include financial and operational results, and other matters, with respect to the third quarter 2018.
EQT Corporation , today, declared a quarterly cash dividend of $0.03 per share, payable December 1, 2018, to shareholders of record at the close of business on November 9, 2018.
NEW YORK, Oct. 05, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Mountain Valley Pipeline's plans to complete its 303-mile natural gas pipeline through West Virginia and Virginia hit another snag with a federal circuit court's pulling of a key water permit that threatens construction. The Fourth District Court of Appeals in Richmond, Virginia, vacated MVP's stream and wetland crossing permit from the U.S. Army Corps of Engineers for about 160 miles of the route. The pipeline, a joint venture that includes EQT Corp. (NYSE: EQT) and EQT Midstream Partners (NYSE: EQM) will carry natural gas from southwestern Pennsylvania and elsewhere to markets in the southeast.
Susquehanna upgraded Pioneer Natural Resources (PXD) in the week ending September 21. Susquehanna raised Pioneer Natural Resources to “positive,” which is equivalent to “buy” from “neutral,” which is equivalent to “hold.” Susquehanna increased Pioneer Natural Resources’ target price to $216 from $211. Barclays initiated coverage on Pioneer Natural Resources with an “overweight” rating, which is equivalent to “buy.” Overall, Pioneer Natural Resources has seen six rating updates in the past three months—three new coverage initiations and two rating upgrades.
Short interest is moderate for EQT with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 19. Over the last month, growth of ETFs holding EQT is favorable, with net inflows of $17.39 billion.
Over the past year or so, I’ve recommended Chesapeake Energy (NYSE:CHK) as a high-risk, high-reward play. Whether those calls were correct comes down mostly to timing: CHK stock continues to trade sideways, dipping below $3 earlier this year and climbing above $5 in July before yet another pullback to about $4. In fact, that’s both the good news and the bad news when it comes to Chesapeake Energy stock.
This week, specific events could affect oil and natural gas prices. The EIA’s (U.S. Energy Information Administration) Drilling Productivity Report, set to be released early this week, could be an important roadmap for oil and natural gas prices. Oil prices may also be sensitive to the OPEC and non-OPEC meeting scheduled for this weekend. The EIA’s latest oil and natural gas inventory data, scheduled to be released on September 19 and 20, respectively, could be an important short-term driver for oil and natural gas prices.
Fortunately for investors hunting for an angle, natural gas (NG) inventories just happen to be at their lowest level in years. The upshot: Prolonged cold and snow could lead to NG shortages and price spikes, which put a bid under much-hated natural gas stocks. With the market looking shaky, NG names could outperform both the S&P 500 Index (SPX) and the SPDR S&P Oil & Gas Exploration & Production exchange traded fund (XOP (XOP) through the end of the year.
Southwestern Energy Company (SWN) dipped below its short-term (50-day) moving average in its most recent correction, which indicates a bearish sentiment in SWN. However, the 200-day moving average should act as a strong support level for SWN. SWN was trading 8.0% below its 50-day SMA (simple moving average) on September 10.
The recent weakness in natural gas prices should have an impact on the earnings of natural gas–weighted upstream stocks in the coming quarter. This trend could have an impact on their capex (capital expenditure) plans, which can be seen in their recent stock performance figures.
The EIA’s (U.S. Energy Information Administration) Short-Term Energy Outlook Report, which is set to be released early this week, could be an important road map for oil and natural gas prices. Moreover, oil prices will be sensitive to OPEC’s Monthly Oil Market Report and the IEA’s (International Energy Agency) Oil Market Report, which are set to be released on September 12 and September 13, respectively.
Upstream energy stocks saw massive selling last week amid a sharp fall in natural gas prices and crude oil weakness. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which includes 56 upstream companies, plunged 5.6% last week. At the same time, the Energy Select Sector SPDR ETF (XLE) saw a 2.2% decline. ConocoPhillips (COP), Occidental Petroleum (OXY), EOG Resources (EOG), and Anadarko Petroleum (APC), the top upstream stocks by market capitalization, fell 4.4%, 4.0%, 3.2%, and 1.3%, respectively.
The EIA’s latest crude oil and natural gas inventory data are scheduled to be released on September 6. The data could be an important short-term driver for oil and natural gas prices. Energy stocks and ETFs
EQT Corporation , today, announced key leadership appointments, to be effective upon completion of the Company’s upstream and midstream business separation.
Cabot Oil & Gas (COG), a Marcellus region focused natural gas producer, is in the fourth spot in terms of least volatile E&P stocks. Cabot Oil & Gas is the least volatile gas-weighted E&P stock. COG’s 200-day volatility was 26.3% as of August 29, 2018. This is lower than that of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) at 27.5%. Peers Antero Resources (AR) and EQT (EQT) have a 200-day volatility of 31.5% and 34.4%, respectively.