Baker Hughes’s (BHGE) CFO (cash from operating activities) remained negative in 2Q17, continuing its negative cash flow trend in 1Q17.
Baker Hughes’s dividend has remained unchanged for the past several quarters, and its steady dividend reflects its management’s confidence.
Baker Hughes’s (BHGE) North America segment saw 16.5% higher revenues from 2Q16 to 2Q17.
In 2Q17, Baker Hughes’s (BHGE) revenue share from North America rose to 32%, compared with 28% in 2Q16.
According to GE’s management, the cost synergies from the merger are expected to add $0.04 to GE’s earnings by 2018 and $0.08 by 2020.
On August 11, 2017, Baker Hughes, a GE Company (BHGE), was trading at $34.29 and has fallen 24% YTD (year-to-date).
Whiting Petroleum’s (WLL) short interest ratio, or its short interest as a percentage of float, was ~21.4% on August 14. In January, the short interest ratio for WLL was ~12.5%.
Whiting Petroleum’s (WLL) current implied volatility is ~71.3%, which is ~1.7% lower than its 15-day average of ~72.5%.
Whiting Petroleum (WLL) continued its sharp downward movement last week, keeping up the momentum of the market’s negative reaction to WLL’s 2Q17 earnings.
As of August 11, 2017, Marathon Oil (MRO) had an implied volatility of ~33.2%, which is much lower than MRO’s implied volatility of ~47.4% on August 4, 2017.
For the week ending August 11, 2017, Marathon Oil (MRO) stock fell ~6% from $12.85 to $12.07.
The short interest ratio (or short interest as a percentage of float) for Chesapeake Energy’s (CHK) stock on August 14, 2017, was ~22.2%.
Chesapeake Energy’s (CHK) current implied volatility is ~58%, which is 3.6% higher than its 15-day average of 57.55.
Chesapeake Energy’s (CHK) stock has spiraled lower in the past week. Since the start of 2017, Chesapeake has fallen ~40%.
As of August 11, 2017, ConocoPhillips (COP) had an implied volatility of ~24.21%, which is slightly lower than its implied volatility of ~24.23% on August 4, 2017.
For the week ended August 11, 2017, crude oil (USO) retreated from $49.58 per barrel to $48.82 per barrel, a 2.0% fall.
The Utilities Select Sector SPDR ETF (XLU) is currently trading at a 1.0% and 6.0% premium to its 50-day and 200-day moving averages, respectively.
Varian Medical Systems (VAR) closed at $96.20 on August 9, 2017. It has a 50-day moving average of $102.30, and a 200-day moving average of $93.20. On August 9, 2017, Varian…
The correlation coefficient between Weatherford’s (WFT) stock price and WTI crude oil prices from August 11, 2016, to August 11, 2017, is 0.45.
On August 11, 2017, Weatherford International’s (WFT) short interest as a percentage of float was 14.7%, compared with 15.8% on June 30.