UCO - ProShares Ultra Bloomberg Crude Oil

NYSEArca - NYSEArca Delayed Price. Currency in USD
30.17
+0.25 (+0.84%)
At close: 4:00PM EDT

30.47 +0.31 (1.03%)
Pre-Market: 5:21AM EDT

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Previous Close29.92
Open29.97
Bid30.49 x 3400
Ask30.52 x 6300
Day's Range29.36 - 30.28
52 Week Range12.36 - 31.31
Volume2,571,614
Avg. Volume2,826,553
Net Assets411.12M
NAV27.48
PE Ratio (TTM)N/A
Yield0.00%
YTD Return17.32%
Beta (3y)3.82
Expense Ratio (net)0.98%
Inception Date2008-11-24
Trade prices are not sourced from all markets
  • API Reported an Unexpected Build in US Crude Oil Inventories
    Market Realist15 hours ago

    API Reported an Unexpected Build in US Crude Oil Inventories

    June WTI crude oil futures contracts fell 0.04% from the previous settlement and were trading at $67.67 per barrel at 2:10 AM EST on April 25.

  • US Dollar Index Is near a 4-Month High
    Market Realist16 hours ago

    US Dollar Index Is near a 4-Month High

    The US Dollar Index rose ~1.4% to 90.7 on April 17–24. The index is near the highest level since January 12. The active WTI crude oil futures increased ~1.7% on April 17–24. The appreciating US Dollar Index limited the upside for oil prices during this period.

  • Is Natural Gas Taking Cues from Oil?
    Market Realist18 hours ago

    Is Natural Gas Taking Cues from Oil?

    On April 17–24, the correlation between natural gas and US crude oil June futures was -14.1%. During this period, US crude oil and natural gas prices moved in the same direction in three instances in the last five trading sessions based on the closing prices.

  • Analyzing Noble Energy’s Recent Stock Performance
    Market Realist2 days ago

    Analyzing Noble Energy’s Recent Stock Performance

    Noble Energy (NBL) stock has mainly risen since the beginning of 2018. Noble Energy has tracked crude oil prices (DBO) (UCO) higher.

  • Anadarko Petroleum Stock in the Coming Weeks
    Market Realist3 days ago

    Anadarko Petroleum Stock in the Coming Weeks

    Since late 2017, Anadarko Petroleum (APC) stock has mainly been in an uptrend. The stock has tracked crude oil prices (USO) (UCO).

  • Analyzing Oil ETFs’ Performances
    Market Realist3 days ago

    Analyzing Oil ETFs’ Performances

    On April 13–20, 2018, US crude oil futures tracking ETFs had the following performances: The United States Oil ETF (USO) rose 1.5%. The United States 12 Month Oil ETF (USL) rose 1.9%. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 3.3%.

  • Is $70 Possible for US Crude Oil Next Week?
    Market Realist6 days ago

    Is $70 Possible for US Crude Oil Next Week?

    On April 19, 2018, US crude oil’s implied volatility was 25.2%, 3.7% more than its 15-day moving average.

  • Why Oil Prices Could Continue Bullish Momentum
    Market Realist6 days ago

    Why Oil Prices Could Continue Bullish Momentum

    On April 19, US crude oil June futures closed at $68.33 per barrel, just 0.2% below their high in over threes years. Prices fell as traders booked profits following a 2.1% rise in the trailing five trading days.

  • Leveraged Crude Oil ETF (UCO) Scales a New 52-Week High
    Zacks6 days ago

    Leveraged Crude Oil ETF (UCO) Scales a New 52-Week High

    Oil ETF hits a new 52-week high on increased geopolitical risks and lower inventories.

  • Will Trump finally sell part of the US strategic petroleum reserve?
    Yahoo Finance7 days ago

    Will Trump finally sell part of the US strategic petroleum reserve?

    The price per gallon of oil is close to $4.00 in Southern California. Oil prices have spiked this year and gasoline prices have followed.  This is adding significant pressure on consumers, the driving force behind our economy, and with Saudi Arabia eyeballing $100 per barrel for oil there seems to be no end in sight, but there is. UCO is up approximately 18% this year, representing about a 9% increase in domestic oil prices.  In my region, Southern California, gasoline prices are also approximately 50¢ higher than they were at this time last year.  Although the price per gallon is closer to $4.00 in Southern California, where it is closer to $3.00 nationally, the same price difference seems to exist.  Gasoline was much cheaper a year ago, and these higher gasoline prices act like a tax on the consumer.  Our analysis suggests that the average consumer is losing about 27% of his tax benefit as a result of higher gasoline prices.  This dampens the economic impact of the tax cuts accordingly, by hitting the consumer hard.

  • US Distillate Inventories Fell for the Ninth Time in 10 Weeks
    Market Realist7 days ago

    US Distillate Inventories Fell for the Ninth Time in 10 Weeks

    The EIA estimates that US distillate inventories decreased by 3.1 MMbbls (million barrels) to 125.3 MMbbls on April 6–13, 2018. US distillate inventories dropped for the ninth time in the last ten weeks. The inventories also dropped by 22.9 MMbbls or 15.5% YoY (year-over-year).

  • Why to Consider Leveraged Oil ETFs Now
    Zacks7 days ago

    Why to Consider Leveraged Oil ETFs Now

    Leveraged oil ETFs have snapped up solid returns this year on an upbeat scenario.

  • US Crude Oil Production Reached a New Record
    Market Realist7 days ago

    US Crude Oil Production Reached a New Record

    The EIA released the weekly US crude oil output data on April 18, 2018. The EIA reported that the US crude oil output rose by 15,000 bpd (barrels per day) to a record high of 10,540,000 bpd on April 6–13, 2018. The production also rose by 1,288,000 bpd or ~14% YoY (year-over-year).

  • US Crude Oil Inventories Pushed Crude Oil Prices Higher
    Market Realist7 days ago

    US Crude Oil Inventories Pushed Crude Oil Prices Higher

    The EIA released its weekly crude oil inventory report on April 18, 2018. The EIA reported that US crude oil inventories decreased by 1 MMbbls (million barrels) to 427.5 MMbbls on April 6–13, 2018. The inventories dropped by 104.7 MMbbls or ~20% YoY (year-over-year).

  • What’s the Correlation between Oil and Natural Gas?
    Market Realist7 days ago

    What’s the Correlation between Oil and Natural Gas?

    Between April 10 and April 17, 2018, the correlation between natural gas and US crude oil May futures was just 4.2%. In the seven calendar days to April 17, US crude oil and natural gas prices moved in the same direction in three instances out of the last five trading sessions based on the closing prices.

  • US Dollar Index Will Impact Crude Oil Futures
    Market Realist7 days ago

    US Dollar Index Will Impact Crude Oil Futures

    The US Dollar Index fell ~0.1% to 89.5 on April 10–17, 2018. WTI crude oil prices increased ~1.5% on April 10–17, 2018. The depreciating US Dollar Index helped oil prices during this period.

  • API Reported a Drop in US Crude Oil Inventories
    Market Realist7 days ago

    API Reported a Drop in US Crude Oil Inventories

    May 2018 WTI crude oil futures contracts rose 0.9% from the previous settlement and were trading at $67.13 per barrel at 2:25 AM EST on April 18, 2018.

  • US Gasoline and Distillate Inventories Could Move Oil Prices
    Market Realist7 days ago

    US Gasoline and Distillate Inventories Could Move Oil Prices

    The API released its gasoline and distillate inventory data on April 17, 2018. The API reported that US gasoline inventories decreased by 2.4 MMbbls (million barrels) on April 6–13, 2018. Analysts estimate that US gasoline inventories could have declined by ~0.2 MMbbls during the same period.

  • Are You Ready for Hess Corporation’s 1Q18 Earnings?
    Market Realist9 days ago

    Are You Ready for Hess Corporation’s 1Q18 Earnings?

    Hess Corporation (HES) plans to release its fiscal 1Q18 earnings on April 25. Revenue estimates for 1Q18 are at $1.16 billion. In comparison, Hess reported revenue of $1.27 billion in 1Q17.

  • US Crude Oil’s Gain Helped Oil ETFs
    Market Realist10 days ago

    US Crude Oil’s Gain Helped Oil ETFs

    On April 6–13, 2018, the ETFs that follow US crude oil futures had the following performances: The United States Oil ETF (USO) rose 8.3%. The United States 12 Month Oil ETF (USL) rose 6.4%. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 17%.

  • Is $69 Possible for US Crude Oil Next Week?
    Market Realist13 days ago

    Is $69 Possible for US Crude Oil Next Week?

    On April 12, 2018, US crude oil’s implied volatility was 25.1%. It was 5.9% more than its 15-day moving average.

  • Stone Energy’s Stock Performance in 2018
    Market Realist13 days ago

    Stone Energy’s Stock Performance in 2018

    In this part, we’ll discuss Stone Energy’s (SGY) stock performance. The company forecast the fifth-highest capex growth in 2018.

  • Why Geopolitical Factors May Not Ease for Oil Soon
    Market Realist13 days ago

    Why Geopolitical Factors May Not Ease for Oil Soon

    On April 12, 2018, US crude oil May futures rose 0.4% and closed at $67.07 per barrel, their highest closing level in more than three years. On the same day, US crude-oil-tracking ETFs had the following performances: The United States Oil ETF (USO) rose 0.5%. The PowerShares DB Oil ETF (DBO) rose 0.1%. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 0.8%.

  • US Distillate Inventories Fell for the Eighth Time in 10 Weeks
    Market Realist13 days ago

    US Distillate Inventories Fell for the Eighth Time in 10 Weeks

    According to the EIA, US distillate inventories decreased by 1 MMbbls (million barrels) to 128.4 MMbbls on March 30–April 6, 2018. US distillate inventories dropped for the eighth time in the last ten weeks. The inventories dropped by 21.7 MMbbls or 15% YoY (year-over-year).

  • SM Energy Stock Has Decreased in 2018
    Market Realist13 days ago

    SM Energy Stock Has Decreased in 2018

    In this part, we’ll discuss SM Energy’s (SM) stock performance. SM Energy is ranked third among upstream companies when scaled by the highest forecast capex growth in 2018.