Market Composite

Integrated Oil Stocks$165.48

-1.06%4:00PM 07/23/2021

The list of companies include AMPY-Amplify Energy Corp., APA-Apache Corp., AXAS-Abraxas Petroleum Corp., CKX-CKX Lands Inc, CNX-CNX Resources Corp, COG-Cabot Oil & Gas Corp., CVX-Chevron Corp., DEN-Denbury Inc., ESTE-Earthstone Energy Inc, FLMN-Falcon Minerals Corp, GDP-Goodrich Petroleum Corp., 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 @ 19:45:45 PM 07/23/2021

Summary :

Average return is down -0.9%

Median return is down -0.6%

8 out of 32 stocks are up (limited to those with intraday pricing feeds).

Top Movers : AMPY -5.6%, AXAS -3.0%, TALO -2.7%, ESTE -2.6%, PTR -2.1%, TELL -2.0%, YPF -2.0%, SNP -1.8%,

Aggregated price index

Aggregated price index with volume information

Summary:

Integrated Oil stocks down 1.1% on average while median return down 0.8% in a day
Integrated Oil stocks down 0.9% on average while median return down 0.8% in a week
Integrated Oil stocks down 11.2% on average while median return down 11.3% 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

Click on + to show price series and click on ticker for stock detail page

Ticker	1 Day Return	1 Week Return	1 Month Return	PE Ratio	PE/G	P/B (mrq)	P/S (ttm)	Earning Growth	MarketCap	Short %	Held By Institutions %	RSI	Price Pattern	Days Since Channel Change	Channel Slope (daily rate %)	Half Channel Bandwidth	Distance to Channel MidPoint %

GDP	1.6%	5.2%	11.6%		-1.3	3.30	1.57	48%	208.8M	6%	77%	61	\/\/	84	0.6%	9.1%	8.0%
PRT	1.6%	-0.1%	-5.6%		1.51	0.98	31.66	-12%	84.4M	1%	50%	49	\/	61	0.5%	7.2%	-8.6%
NFG	1.3%	0.7%	-2.0%	53.81	1.5	2.24	2.93		4.7B	3%	74%	45	\/\/	84	0.1%	4.4%	-5.4%
COG	0.6%	-2.4%	-3.7%	23.18	0.26	2.66	4.06	134%	6.3B	10%	103%	41	/\	84	-0.1%	9.5%	-5.3%
CVX	0.0%	0.2%	-7.0%	-24	-3.69	1.51	2.07	-62%	190.6B	1%	68%	39	\-/	84	0.1%	9.2%	-7.7%
PVL	0.0%	2.2%	-2.1%			0.89	19.03	-100%	61M	1%	3%	50	\/	84	0.6%	12.7%	-10.3%
XOM	-0.1%	-0.5%	-11.2%	-12.76	1.49	1.63	1.40		241.5B	1%	53%	38	\/	84	0.1%	8.0%	-9.1%
APA	-0.2%	1.3%	-16.8%	859.2	-0.32		1.78		6.9B	3%	85%	37	\-/	166	0.4%	25.4%	-19.3%
IMO	-0.3%	-0.8%	-16.5%	-19.63	1.16	1.06	1.02		19.5B	5%	24%	34	\-/	166	0.6%	9.7%	-18.7%
BP	-0.4%	-1.4%	-13.6%	-3.9	-3.11	1.16	0.48		79.4B		8%	33	\/	84	0.1%	11.7%	-13.2%
SBOW	-0.5%	-5.5%	-22.2%		0.21	2.38	1.38		239.3M	2%	75%	41	\/	84	2.7%	7.5%	-21.1%
CNX	-0.6%	-2.1%	-13.3%	-45.47	0.34	0.64	2.37		2.7B	10%	93%	34	/	84	0.0%	12.0%	-12.6%
SU	-0.6%	-0.8%	-15.7%	-124.02	1.92	0.97	1.37		31.2B		71%	34	\-/	84	0.3%	12.8%	-17.3%
HESM	-0.7%	1.0%	-8.8%		1.07	3.41	0.58	32%	586.9M	3%	69%	39	\/	162	0.2%	11.4%	-7.8%
OVV	-0.7%	4.8%	-12.7%	-1.15	0.09		1.22	-27%	7.1B	3%	73%	44	/	166	0.9%	12.8%	-14.9%
EC	-0.8%	-1.7%	-2.1%		-0.63	1.44		2222%	26.8B		2%	42	\/	249	0.1%	15.3%	-3.5%
EQNR	-0.8%	-0.4%	-7.6%	-11.59		1.81	1.40		63.4B		5%	38	\/	84	0.1%	8.1%	-11.3%
HES	-0.8%	-2.6%	-15.8%	-55.92	-1.97	4.60	5.11		22.9B	3%	86%	33	\-/	166	0.5%	8.2%	-17.8%
E	-0.9%	-2.1%	-9.5%	-6.29		1.08	0.96		40.8B		1%	33	\-/-	84	0.0%	9.4%	-9.4%
FLMN	-1.0%	2.3%	-4.3%	102	5.81	1.67	10.42		224.3M	2%	65%	47	\/-/	84	0.2%	9.7%	-7.1%

* 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.

1M winners are : Winners for past month are $GDP 11.6%
1M losers are : Losers for past month are $DEN -17.7%, $SBOW -22.2%, $AMPY -24.7%, $AXAS -25.2%, $TALO -41.4%
1W winners are : Winners for past week are $GDP 5.2%, $OVV 4.8%, $VNOM 4.2%, $FLMN 2.3%, $PVL 2.2%
1W losers are : Losers for past week are $HES -2.6%, $AXAS -4.6%, $SBOW -5.5%, $TALO -7.8%, $ENNVW -11.0%

Pick two stocks to compare:

APA

HES

Correlation Analysis

Index correlation analysis

Correlation for the past month is 46.3%, for the past 3 months is 37.6%

In the past month for a 5 days rolling window, the highest corrrelation is 69.4%, the lowest correlation is 30.2%, the latest correlation is 65.3%

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 94.5% between APA and HES

The lowest correlation is -16.1% between ENNVW and FLMN