|Bid||31.53 x 2000|
|Ask||32.45 x 2000|
|Day's Range||31.71 - 32.45|
|52 Week Range||29.57 - 49.11|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.44%|
Wall Street analysts expected that crude oil inventories at Cushing would rise between October 13, 2017, and October 20, 2017.
The US Energy Information Administration (or EIA) released its "Weekly Petroleum Status Report" on October 12. It reported that gasoline inventories rose by 2.4 MMbbls (million barrels).
November US crude oil (USO) (UCO) (UWT) futures contracts fell 0.62% to $50.98 per barrel in electronic trade at 2:11 AM EST on October 12, 2017.
Baker Hughes released its weekly US crude oil rig count report on October 6. The US crude oil rig count fell by two to 748 on September 29–October 6, 2017.
After dominating the sector fund universe for much of this year, techs and biotechs are being dethroned by energy and other industrials.
The EIA estimates that OPEC’s spare crude oil production capacity rose 35,000 bpd (barrels per day) to 2 MMbpd (million barrels per day) in August 2017.
Cushing crude oil inventories rose on September 15–22, 2017. A rise in Cushing crude oil inventories is bearish for crude oil (UWT) (DWT) (USO) prices.
Baker Hughes reported that the US crude oil rig count fell by five to 744 on September 15–22, 2017. Rigs fell for the third straight week.
The EIA (U.S. Energy Information Administration) estimates that US crude oil production rose by 157,000 bpd (barrels per day), or 1.7%, to 9,510,000 bpd between September 8, 2017, and September 15, 2017....
The EIA estimates that weekly US gasoline demand rose by 456,000 bpd (barrels per day) to 9.6 MMbpd (million barrels per day) on September 1–8, 2017.
Short interest in Halliburton (HAL) as a percentage of its float was 2.3% as of September 15, 2017, compared to 3.2% as of June 30, 2017.
Baker Hughes (BHI) released its weekly US crude oil rig count report on September 15. It reported that the US crude oil rig count fell by seven to 749 between September 8 and September 15.
As of September 12, short interest in Weatherford International (WFT) as a percentage of its float was 14.0%, compared to 15.8% as of June 30.
WTI (West Texas Intermediate) crude oil (XLE)(XOP)(USO) futures contracts for October delivery rose 2.2% to $49.3 per barrel on September 13.
As of September 8, 2017, the short interest in National Oilwell Varco (NOV) as a percentage of its float was 7.1%—compared to 7.3% as of June 30, 2017.
According to a Reuters survey, Libya’s crude oil production fell by 130,000 bpd (barrels per day) to 900,000 bpd in August 2017—compared to July 2017.
On August 17, 2017, National Oilwell Varco (NOV) announced a quarterly dividend of $0.05 per share, payable in September 2017, unchanged from a year prior and 1Q17. From March 31,…
Short interest in Halliburton (HAL) as a percentage of its float was 2.6% as of September 5, 2017, compared to 3.2% as of June 30, 2017.
The Energy Select Sector SPDR (NYSEArca: XLE ) , the largest exchange traded fund dedicated to energy equities, has been the worst performer among the sector SPDR ETFs this year. XLE is down 15.6% year-to-date ...
Short interest in Schlumberger (SLB) as a percentage of its float was 1.57% on August 31, 2017, compared to 1.61% on June 30, 2017.
On June 30, 2017, Schlumberger’s (SLB) stock price was 22% lower than its price on December 30, 2016. In 2Q17, SLB’s adjusted earnings were negative.
Short interest in Nabors Industries (NBR) as a percentage of its float was 7.4% on September 1, 2017, which was a significant fall compared to June 30, 2017.