17.22 -0.31 (-1.77%)
Pre-Market: 8:09AM EDT
|Bid||17.21 x 4400|
|Ask||17.23 x 4400|
|Day's Range||17.41 - 17.73|
|52 Week Range||7.92 - 22.87|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||1.01%|
Since the beginning of this year, Anadarko Petroleum (APC) stock has mostly been in a downtrend, along with most of the energy stocks.
December US crude oil (UCO) (USL) (OIL) futures contracts were trading flat at $52.26 per barrel in electronic exchange at 2:20 AM EST on October 19, 2017.
Last week (ended October 13, 2017), the natural gas rig count fell by two to 185, but on a YoY (year-over-year) basis, the natural gas rig count rose 76.2%.
US gasoline inventories rose for the fourth straight week. The inventories are 8.5 MMbbls or 4% higher than the five-year average.
The final Russia Manufacturing PMI (Purchasing Managers’ Index) rose marginally in September 2017. It was 51.9 in September compared to 51.6 in August.
The market anticipates that crude oil inventories at Cushing rose from October 6 to 13. Cushing inventories rose for the ninth time in the last ten weeks.
Whiting Petroleum (WLL) stock regained its upward momentum last week, rising ~3.7% compared to a 5.0% fall in the previous week.
Baker Hughes (BHI) published its weekly US natural gas rig count report on October 13. Rigs fell by two to 185 from October 6 to 13—the lowest level since September 1.
November WTI crude oil (DBO)(DWT)(USO) futures contracts rose 0.71% and were trading at $50.96 per barrel in electronic trading at 2:06 AM on October 13.
The US Energy Information Administration (or EIA) estimates that US distillate inventories fell by 1.4 MMbbls (million barrels) to 133.9 MMbbls between September 29 and October 6.
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.
Iraq’s crude oil exports hit 3.98 MMbpd (million barrels per day) in September 2017, according to Bloomberg—its highest level since December 2016.
US commercial crude oil inventories fell by 6 MMbbls (million barrels) to ~465 MMbbls in the week ended September 29, 2017.
US crude oil futures contracts for November delivery rose 0.1% and were trading at $49.63 per barrel in electronic trading at 2:03 AM EST on October 10.
The EIA’s STEO (Short-Term Energy Outlook) Report is scheduled to be released on October 10, 2017, and could impact crude oil and natural gas prices.
Between September 29 and October 6, 2017, the United States Oil Fund ETF (USO) fell 4.4%, and US crude oil (OIIL) November futures fell 4.6%.
The EIA (U.S. Energy Information Administration) estimates that US gasoline inventories rose by 1.6 MMbbls to 218.9 MMbbls on September 22–29, 2017.
On October 3, 2017, US crude oil (USL) (OIIL) November 2018 futures settled $0.33 higher than the November 2017 futures.
The API estimates that US gasoline inventories rose by 4.19 MMbbls on September 22–29, 2017. The market expected a build by 1.08 MMbbls.