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The Top 5 Upstream Stocks with the Highest Short Interests

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Jun. 27 2016, Published 4:26 p.m. ET

Upstream stocks with high short interests

As of June 24, 2016, Clayton Williams Energy (CWEI) had the highest short interest-to-equity float ratio among upstream stocks at 57.8%. One month ago, it was 42.8%. Three months ago, it was 31.1%.

CWEI’s short interest-to-equity float ratio has been on an uptrend for the last three months. However, over this period, the stock has risen by 295.4%, the highest among all upstream stocks. The company’s net debt-to-EBITDA (earnings before interest, tax, depreciation, and amortization) ratio is 9.58x. Its cash and cash equivalents were $184.9 million in 1Q16.

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Stone Energy sees the highest fall

Currently, Stone Energy’s (SGY) short interest-to-equity float is 40.5%. One month ago, it was 37.8%. Three months ago, it was 27.1%. In the last three months, the stock has fallen by 23.7%, the most among the top five upstream companies with the highest short interests. SGY’s net debt-to-EBITDA ratio was 3.48x in 1Q16, and its cash and cash equivalents were $367.1 million.

Bonanza Creek Energy’s (BCEI) short interest-to-equity float is 39.4%. One month ago, it was 39.2%. Three months ago, it was 37.9%. Its net debt-to-EBITDA ratio was 3.52x. Its cash and cash equivalents were $21.3 million in 1Q16. It’s returned 32.3% in the last three months.

EP Energy’s (EPE) short interest-to-equity float is 38.5%. One month ago, it was 34.9%. Three months ago, it was 38.0%. Its net debt-to-EBITDA ratio is 3.58x. Its cash and cash equivalents were $100 million in 1Q16. It’s returned 10.3% in the last three months.

Continental Resources (CLR) short interest-to-equity float is 27.1%. One month ago, it was 27.7%. Three months ago, it was 29.4%. Its net debt-to-EBITDA ratio is 3.73x. Its cash and cash equivalents were $12.9 million in 1Q16. It’s returned 49.7% in last three months.

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