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.
By 2022, ConocoPhillips (COP) is likely to save cost and capital of $500 million through disciplined capital allocation.
S&P MidCap 400 constituent Trimble Inc. (NASD:TRMB) will replace Concho Resources Inc. (NYSE:CXO) in the S&P 500, S&P SmallCap 600 constituent YETI Holdings Inc. (NYSE:YETI) will replace Trimble in the S&P MidCap 400, and Hilltop Holdings Inc. (NYSE:HTH) will replace YETI Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, January 21. S&P 500/100 constituent ConocoPhillips (NYSE: COP) acquired Concho Resources in a deal completed today.
The Consumer Electronics Show will still attract lots of attendees and companies showing their latest wares. But this year, given the pandemic, it’ll all happen on a screen. It’ll be weird.
It used to be that every responsible long-term investor had some kind of energy company in their portfolio. And by “some kind of energy company,” I mean a big oil and natural gas firm. They were as much a sure thing as big banking stocks. Well, we’ve seen that banking isn’t what it used to be and the same goes for the energy patch. And remember, the pandemic was more the final nail rather than the sole factor in the demise of oil companies. Supply had been high for a while as OPEC nations looked...
We will review some of the highlights of M&A activity in 2020 and look ahead to what it means for 2021.
Big energy companies, such as Chevron (CVX), Pioneer Natural (PXD), ConocoPhillips (COP), Cenovus Energy (CVE) and Devon Energy (DVN) recently acquired smaller firms with attractive asset bases.
When weighing oil stocks to buy, consider which ones are diversified and which are focused more on shale or particular regions.
Concho Resources (CXO) could produce exceptional returns because of its solid growth attributes.