Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The fossil fuel giant has been taking advantage of tough energy market conditions to scoop up low-cost oil assets.
Oil prices began recovering in the third quarter after a number of countries started easing their months-long cornonavirus-led lockdowns, which has slammed fuel demand and forced some oil companies to merge for survival. ConocoPhillips reported a loss of $450 million, or 42 cents per share, compared with third-quarter 2019 earnings of $3.1 billion, or $2.74 per share.
ConocoPhillips (COP) expects operating plan capital for full-year 2020 to be $4.3 billion.
ConocoPhillips (COP) delivered earnings and revenue surprises of -3.33% and -8.70%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
ConocoPhillips Reports Third-Quarter 2020 Results and Operational Results
The energy sector is comprised of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Popular energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves. Well-known companies are Devon Energy Corp. (DVN) and Concho Resources Inc. (CXO).
Here are some of Rigzone's top upstream stories during the last week, just in case you missed them...