| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 9.1B | -15% |
| Gross Profit | 84MM | - |
| Cost Of Revenue | 9.1B | -5% |
| Operating Income | -47.2MM | -104% |
| Operating Expenses | 131.2MM | - |
| Net Income | -48.4MM | -106% |
| G&A | 105.4MM | +13% |
| Amortization | 3.5MM | -8% |
| Interest Expense | 8.6MM | -62% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving 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.
Although lower commodity prices are likely to have hurt EQT's earnings in Q1, higher production may have nullified the negative partially.
Baker Hughes' (BKR) Q1 earnings are likely to have been affected by declining oil prices and geopolitical tensions, despite increasing demand for clean energy.
For us, stock picking is in large part the hunt for the truly magnificent stocks. But when you hold the right stock for...
Despite its strong foothold in lucrative international markets, SLB's Q1 performance is likely to have been affected by declining oil prices and geopolitical tensions.
Enterprise Products (EPD) boasts a stable business model and is not significantly exposed to the volatility in oil and gas prices.
The softening of oil and gas prices is likely to have affected the demand for Kinder Morgan's (KMI) midstream services in the first quarter.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Valero Energy, Murphy USA and PBF Energy are part of the Zacks Industry Outlook article.
The Zacks Oil and Gas - Refining & Marketing industry continues to be a good place to be, with VLO, MUSA and PBF being the top picks.
Does PBF Energy (PBF) have what it takes to be a top stock pick for momentum investors? Let's find out.