19.83 0.00 (0.00%)
After hours: 5:14PM EDT
|Bid||19.81 x 1000|
|Ask||19.88 x 800|
|Day's Range||19.46 - 19.94|
|52 Week Range||10.55 - 22.74|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.20 (0.99%)|
|1y Target Est||24.02|
U.S. crude oil inventories jumped last week even as refining utilization remained high, the EIA said on Wednesday in a majorly bearish report.
Investing.com - Tesla (NASDAQ:TSLA) stock sank midday on a report that the Securities and Exchange Commission is moving forward in an investigation about Elon Musk’s tweets about potentially taking the company private.
NEW YORK, Aug. 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ellie ...
Energy stocks are just beginning to pay attention to the price action, with a number of names looking vulnerable to some profit taking after an impressive rally in oil prices from the lows seen last summer. Analysts are looking for earnings of $1.17 per share on revenues of $9.7 billion. When the company last reported on July 26, earnings of $1.09 per share missed estimates by a penny on a drop in production out of Libya.
EOG Resources and Noble Energy said Friday they will shift well completions from the Permian Basin to their other oil assets.
The pipeline bottleneck in west Texas continued to weigh on prices that shale producers actually fetched for the oil they pumped in Q2.
On August 1, the EIA (U.S. Energy Information Administration) released its oil inventory report. The EIA reported that US crude oil inventories increased by 3.8 MMbbls (million barrels) to 408.7 MMbbls on July 20–27. However, the inventories decreased 15.2% YoY (year-over-year). A Reuters survey estimated that US crude oil inventories could have fallen by 2.8 MMbbls on July 20–27.
Markets closed mostly in the red on Wednesday, as the Fed left interest rates unchanged, while trade war fears once again offset strong gains in tech stocks.
Marathon Oil (MRO) announced its second-quarter earnings after the market closed on August 1. On a YoY (year-over-year) basis, Marathon Oil’s second-quarter adjusted EPS was $0.30 higher than its adjusted EPS of -$0.15 in the second quarter of 2017. In the second quarter, Marathon Oil reported revenue of ~$1.42 billion, lower than analysts’ consensus estimate of ~$1.47 billion.
As of July 27, Reuters reported that 24 analysts gave recommendations on ConocoPhillips. Of the analysts, ~21% have a “strong buy,” ~46% have a “buy,” ~29% have a “hold,” and ~4% have a “sell” recommendation on the stock. None of the analysts had a “strong sell” recommendation on the stock.
As of July 13, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~16.01 million. The company’s average daily volume is ~6.62 million. The short interest ratio for ConocoPhillips stock is ~2.42x. In October 2017, the short interest ratio for ConocoPhillips stock made the 52-week high of 5.59x. ConocoPhillips’ short interest ratio made a 52-week low of 2.27x in June. ConocoPhillips stock’s average daily volume is calculated for the short interest reporting period on July 2–13.
On a per-share basis, the Houston-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, came to 15 cents per share. The results missed Wall Street expectations. The ...
Continued Strong Multi-Basin Execution Drives Returns and Production Beat; Full-Year Guidance Raised with Budget Unchanged HOUSTON , Aug. 1, 2018 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) today ...
As of July 27, ConocoPhillips (COP) had an implied volatility of ~23.1%, which is lower compared to its implied volatility of ~26.4% at the end of the second quarter.
For the second quarter, ConocoPhillips (COP) reported total production of 1,211 Mboepd (thousand barrels of oil equivalent per day), which is above the second-quarter production guidance range of 1,170–1,210 Mboepd. ConocoPhillips’s second-quarter production guidance and reported production didn’t include the production from Libya. Including Libya, the company’s second-quarter production was 1,249 Mboepd.
ConocoPhillips (COP) announced its second-quarter earnings on July 26 before the market opened. According to the company’s earnings press release, ConocoPhillips reported a better-than-expected profit of ~$1.29 billion in the second quarter. On a YoY (year-over-year) basis, ConocoPhillips increased its profits ~625% after its profit of ~$178 million in the second quarter of 2017.
Transocean (RIG) reports narrower-than-expected loss in the second quarter of 2018 on the back of higher-than-anticipated revenues from the Ultra-Deepwater floaters.