Market Composite

Oil & Gas Production Stocks$344.68

-1.36%4:00PM 07/30/2021

The list of companies include APA-Apache Corp., AR-Antero Resources Corp, AXAS-Abraxas Petroleum Corp., BATL-Battalion Oil Corp, BCEI-Bonanza Creek Energy Inc, BRN-Barnwell Industries Inc., BRY-Berry Corp, CDEV-Centennial Resource Development Inc., CEI-Camber Energy Inc, CLR-Continental Resources Inc (OKLA), CNQ-Canadian Natural Resources Ltd., COG-Cabot Oil & Gas Corp., COP-Conoco Phillips, CPE-Callon Petroleum Co., CPG-Crescent Point Energy Corp, CRC-California Resources Corporation, CRK-Comstock Resources, Inc., CRT-Cross Timbers Royalty Trust, CVE-Cenovus Energy Inc, DEN-Denbury Inc., DVN-Devon Energy Corp., EGY-VAALCO Energy, Inc., ENSV-Enservco Corp, EOG-EOG Resources, Inc., EPM-Evolution Petroleum Corporation, EPSN-Epsilon Energy Ltd, EQT-EQT Corp, ERF-Enerplus Corporation, ESTE-Earthstone Energy Inc, FANG-Diamondback Energy Inc

Latest intraday update before market close @ 19:45:47 PM 07/30/2021

Summary :

Average return is down -1.6%

Median return is down -1.5%

15 out of 85 stocks are up (limited to those with intraday pricing feeds).

Top Movers : NEXT -6.3%, TELL -6.0%, DMLP -5.8%, TGA -4.6%, MCF -4.2%, WTI -3.7%, WLL -3.6%, FANG -3.6%, SWN -3.6%, KOS -3.2%, ENSV -3.1%, BPT -3.1%, REPX -3.0%, ESTE -2.9%, DVN -2.9%, GBR -2.9%, HUSA -2.8%, CDEV -2.7%, PBT -2.7%, CHK -2.6%, LPI -2.6%, MUR -2.5%,

Aggregated price index

Aggregated price index with volume information

Summary:

Oil & Gas Production stocks down 1.4% on average while median return down 1.6% in a day
Oil & Gas Production stocks up 1.3% on average while median return up 0.9% in a week
Oil & Gas Production stocks down 10.1% on average while median return down 12.5% 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 %

NRT	4.6%	9.6%	6.5%			480.77	17.03	15%	69.4M	0%	10%	65	/\/	137	0.9%	6.4%	3.4%
BATL	2.7%	-0.2%	-3.7%				1.37		210M	1%	103%	53	/	146	0.4%	15.1%	-6.8%
CPG	1.9%	8.3%	-19.0%			0.79	1.59		2.1B		39%	46	\/-	85	0.1%	13.1%	-12.9%
MXC	1.5%	4.1%	-9.5%			1.98	6.99	129%	18.4M	2%	1%	48	\/	84	0.2%	11.9%	-6.4%
AXAS	1.3%	0.0%	-29.1%	-0.08	-4.95		0.40		19.1M	9%	32%	39	\	168	-0.0%	46.6%	-17.4%
SBR	1.2%	3.3%	0.4%			106.89	15.85	-14%	590.5M	0%	11%	59	/\/	62	0.3%	3.9%	-1.8%
FLNG	1.1%	-0.7%	-8.8%			0.94	3.68		725.1M	0%	21%	44	/	124	0.6%	7.8%	-10.9%
VOC	1.1%	-5.0%	-7.0%			4.07	22.17	-73%	74.8M	0%	6%	44	\/	168	0.8%	10.1%	-8.4%
XEC	1.1%	1.0%	-10.0%	-6.09	0.12	3.89	3.80		6.7B	2%	97%	44	\/	85	0.2%	8.3%	-9.8%
SM	1.0%	0.4%	-24.1%	-3.53	-2.7	1.36	2.12		2.3B	12%	83%	41	\-/	85	0.5%	9.9%	-19.1%
NOG	0.7%	5.6%	-16.9%	-0.55	0.91		3.60		1B	10%	60%	46	\-/	168	1.2%	11.5%	-14.6%
PARR	0.7%	10.1%	-2.6%		0.2	3.32	0.33		985.8M	4%	93%	56	\/-	85	0.0%	15.4%	3.6%
COG	0.6%	1.4%	-8.4%	23.51	0.26	2.66	4.06	134%	6.4B	10%	103%	45	/\	85	-0.1%	8.9%	-3.1%
AFGC	0.5%	1.1%	1.1%						10.9B			59	/\/	122	0.0%	1.5%	0.1%
ERF	0.5%	2.3%	-13.4%	-1.99	0.13	2.54	2.29	411%	1.6B	3%	60%	45	\-/	85	0.5%	10.1%	-15.3%
RRC	0.5%	-0.5%	-9.1%	-4.4	0.23	2.02	1.76	-84%	4B	17%	93%	49	-/-/	85	0.7%	7.8%	-8.0%
OAS	0.1%	1.5%	-8.8%	-6.51	1.36	2.27	2.05		1.8B	3%	90%	47	/-	35	0.1%	5.2%	-4.7%
VNOM	0.1%	3.0%	-4.4%		-1.93	1.95	11.22		1.2B	3%	75%	52	\-/	85	0.3%	14.2%	-9.4%
CVE	0.0%	3.5%	-12.9%		0.6	0.84	1.07		16.8B		46%	44	\/	168	0.5%	14.3%	-13.4%
MTDR	0.0%	0.4%	-14.2%	-5.47	0.84	2.72	4.06	-52%	3.6B	16%	87%	45	\/	85	0.6%	8.3%	-14.9%

* 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 $VIST 16.1%, $PNRG 10.2%, $AMR 8.7%, $NRT 6.5%, $CHK 4.1%
1M losers are : Losers for past month are $HUSA -29.8%, $BRN -29.9%, $CPE -31.8%, $KOS -33.2%, $LPI -40.7%
1W winners are : Winners for past week are $AMR 16.8%, $VIST 16.4%, $EGY 10.5%, $PARR 10.1%, $NRT 9.6%
1W losers are : Losers for past week are $VOC -5.0%, $CDEV -5.1%, $OVV -6.2%, $EQT -9.1%, $ENSV -9.4%

Pick two stocks to compare:

CPG

CVE

Correlation Analysis

Index correlation analysis

Correlation for the past month is 51.6%, for the past 3 months is 39.5%

In the past month for a 5 days rolling window, the highest corrrelation is 66.2%, the lowest correlation is 26.6%, the latest correlation is 48.3%

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 94.9% between CPG and CVE

The lowest correlation is -53.7% between BSPE and DMLP