MARKET COMPOSITE
Integrated Oil Stocks05-02-2023 21:02:00 PM
Price
$100.07
-1.55%
The list of companies include AMPY-Amplify Energy Corp., APA-Apache Corp., CKX-CKX Lands Inc, CNX-CNX Resources Corp, CVX-Chevron Corp., DEN-Denbury Inc., ESTE-Earthstone Energy Inc, HES-Hess Corporation, HESM-Hess Midstream LP, IMO-Imperial Oil Ltd., INDO-Indonesia Energy Corp Ltd, NFG-National Fuel Gas Co., OVV-Ovintiv Inc, SBOW-SilverBow Resources Inc, SU-Suncor Energy, Inc., TALO-Talos Energy Inc, TELL-Tellurian Inc, XOM-Exxon Mobil Corp.
* Latest intraday update before market close @ 20:45:41 PM 12/05/2023
Summary
:
Average return is down -1.2%
Median return is down -1.6%
3 out of 24 stocks are up (limited to those with intraday pricing feeds).
Top Movers
:
INDO -3.9%SBOW -3.4%APA -2.6%NFG -2.5%OVV -2.5%CNX -2.4%

Aggregated price index with volume information

Summary:

  • Integrated Oil stocks down 1.5% on average while median return down 1.8% in a day
  • Integrated Oil stocks down 2.7% on average while median return down 2.3% in a week
  • Integrated Oil stocks down 4.3% on average while median return down 6.6% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks
Ticker
1d
7d
30d
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
YPF6.5%
1.8%
59.4%
-3.290.000.006.7B14%72\-/Above resistance2030.2%
E-0.3%
-2.9%
-1.6%
8.991.080.9654.5B1%46/\/2560.1%
PRT-0.4%
-0.2%
-10.2%
1.510.9831.66-12%58.9M1%50%39\/\66-0.4%
EC-0.6%
-2.3%
1.7%
-0.631.442222%25.8B2%56\/\/2030.1%
PBR-0.7%
-5.4%
-6.6%
3.15-0.330.240.3093.7B17%38\/\/2030.2%
BP-0.8%
-1.8%
-2.5%
4.11-3.111.160.4899.7B8%40\/At support2030.0%
IMO-0.9%
-1.9%
-1.6%
8.911.161.061.0231.4B5%24%45\/-/2030.1%
CVX-1.4%
-1.8%
-3.2%
10.62-3.691.512.07-62%269.7B1%68%38/\At support257-0.0%
AMPY-1.5%
-2.9%
-14.2%
0.310.77233M4%32%35\/-203-0.1%
HESM-1.7%
0.3%
6.3%
15.751.073.410.5832%2.2B3%69%65\/-/At resistance2000.0%
SU-1.7%
-2.3%
-5.1%
7.261.920.971.3741.6B71%41\/-404-0.0%
VNOM-1.8%
-1.2%
6.5%
-1.931.9511.222.6B3%75%52\/-203-0.0%
EQNR-1.9%
-7.1%
-8.8%
5.41.811.4090.7B5%33\/\-203-0.0%
XOM-1.9%
-3.3%
-6.8%
9.961.491.631.40398B1%53%33\/-At support203-0.0%
PVL-2.0%
1.6%
3.7%
0.8919.03-100%64M1%3%43\19-0.4%
TELL-2.1%
21.0%
1.5%
-2.760.568.5441.80390.2M8%24%49/\140-0.4%
HES-2.3%
-5.0%
-5.4%
29.07-1.974.605.1142.5B3%86%37\/Below support2030.0%
NFG-2.5%
-1.1%
-7.4%
9.711.52.242.934.6B3%74%42\/\203-0.1%
CNX-2.7%
-2.4%
-9.0%
1.550.340.642.373.2B10%93%36/\/At support2030.2%
APA-2.9%
-4.4%
-12.9%
7.09-0.321.7810.7B3%85%30\/-203-0.0%
* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.
* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.
* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.
Detail Performance Summary
  • 1M winners are : Winners for past month are $YPF 59.4%, $VNOM 6.5%, $HESM 6.3%, $PVL 3.7%, $EC 1.7%
  • 1M losers are : Losers for past month are $OVV -13.1%, $SBOW -14.1%, $AMPY -14.2%, $TALO -16.5%, $INDO -25.6%
  • 1W winners are : Winners for past week are $YPF 1.8%, $PVL 1.6%, $HESM 0.3%
  • 1W losers are : Losers for past week are $HES -5.0%, $PBR -5.4%, $TALO -6.4%, $EQNR -7.1%, $INDO -10.0%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 36.9%, for the past 3 months is 38.8%

In the past month for a 5 days rolling window, the highest corrrelation is 61.4%, the lowest correlation is 2.9%, the latest correlation is 20.0%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 84.4% between CVX and HES

The lowest correlation is -37.7% between PVL and YPF

Stock news

    Federal officials on Tuesday recommended increasing the distance from undersea pipelines that vessels are allowed to anchor in Southern California, citing a 2021 oil spill they said was caused by ships whose anchors were dragged across a pipeline after a storm. The leak occurred in a ruptured pipeline owned by Houston-based Amplify Energy. National Transportation Safety Board officials concluded damage to the pipeline had been caused months earlier when a cold front brought high winds and seas...

    Shares of Pioneer Natural Resources and Exxon Mobil retreated Tuesday after the news that U.S. antitrust enforcers are investigating the companies' planned deal. Pioneer and Exxon were recently off more than 1%.

    U.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources which would be the largest oil-and-gas deal in two decades, according to securities filings. The Federal Trade Commission has sought additional information from the companies about the deal, a step it takes when reviewing whether a merger could be anticompetitive under U.S. law, Pioneer disclosed in a filing Tuesday. The FTC, which shares antitrust authority with the Justice Department, can s...

    The global wind power sector will add less capacity in the next decade than previously expected due to financial trouble in the U.S. offshore wind industry and sluggish approval and project execution in China, consultancy Wood Mackenzie said on Tuesday. Orsted, the world's largest offshore windfarm developer, energy giants BP and Norway's Equinor have booked hundreds of millions of dollars worth of impairments on their U.S. offshore wind power portfolios, citing spiralling financing costs and s...

    The companies are working with the FTC and continue to expect that the deal will be completed in the first half of 2024, Pioneer said in a regulatory filing. U.S. Senate Majority Leader Charles Schumer and 22 other Democratic senators wrote to the FTC in November saying multi-billion dollar acquisitions by oil and gas giants Exxon and Chevron could lead to higher prices for consumers.

    The U.S. Federal Trade Commission has sent shale oil producer Pioneer Natural Resources and Exxon Mobil a second request for more information on their $60 billion takeover deal, Pioneer said on Tuesday. The companies are working with the FTC and continue to expect that the deal will be completed in the first half of 2024, Pioneer said in a regulatory filing. U.S. Senate Majority Leader Charles Schumer and 22 other Democratic senators wrote to the FTC in November saying multi-billion dollar acq...

    ExxonMobil (XOM) makes significant contributions to Enercoast, introducing two crude oil pipelines.

    Chevron (CVX) and ExxonMobil take a pass on COP28's methane fund, choosing a different approach to fight emissions. This move raises concerns regarding unity in the industry.

    Eni (E) collaborates with World Bank to combat methane emissions and flaring globally, with the shared goal of achieving nearly zero impact by 2030.

    Petrobras (PBR) partners with PXGEO for a groundbreaking 4D OBN survey in Santos Basin, revolutionizing reservoir monitoring for optimized oil production.