California Resources Corporation

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  • uploads///SI
    Miscellaneous

    Why the Numbers Look Bearish for These Upstream Stocks

    All these upstream companies have seen the short interest in their stocks rise—an potential indication of market skepticism in these companies’ abilities to profit from oil’s recent gains.

    By Rabindra Samanta
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    Energy & Utilities

    Top Energy Losses Last Week

    On June 8–15, Whiting Petroleum (WLL) and California Resources (CRC) fell the most on our list of energy stocks.

    By Rabindra Samanta
  • uploads///CRC Q Short Interest
    Company & Industry Overviews

    Is California Resources Rising due to Short Covering?

    On December 21, 2016, California Resources’ total shares shorted, also known as its short interest, stood at ~13.7 million.

    By Nicholas Chapman
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    Energy & Utilities

    Futures Spread Indicates Bullishness for Oil Prices

    Yesterday, US crude oil November 2018 futures closed ~$3.48 above November 2019 futures, and between September 17 and yesterday, US crude oil November futures rose 5%.

    By Rabindra Samanta
  • uploads///CRC Q Cash Flow
    Company & Industry Overviews

    California Resources: Why No Positive Cash Flow in 2Q16?

    For 2Q16, California Resources’ (CRC) total operating revenue (excluding derivative losses) was ~$435 million or ~44% lower than 2Q15.

    By Nicholas Chapman
  • uploads///SI
    Miscellaneous

    Why Are Investors Bearish on These Upstream Stocks?

    California Resources’s short interest-to-equity float ratio has been following a rising trend for the last three months. During this period, the stock has fallen 20.5%—the largest fall among the upstream stocks.

    By Rabindra Samanta
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    Energy & Utilities

    WTI Oil’s Struggle: Which Oil-Weighted Stocks Should You Watch?

    On July 18, US crude oil September futures rose 0.9% and closed at $67.75 per barrel.

    By Rabindra Samanta
  • uploads///CRC Q Post Production
    Company & Industry Overviews

    Drill Down into California Resources’ 2Q17 Operational Performance

    For 2Q17, California Resources (CRC) reported total production of 129 Mboepd, which is below the midpoint production guidance of 128 Mboepd to 133 Mboepd.

    By Nicholas Chapman
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    Earnings Report

    Could California Resources Report Lower Losses in Q2 2018?

    California Resources (CRC) is expected to report its Q2 2018 results on August 2, after the market closes.

    By Nicholas Chapman
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    Energy & Utilities

    Futures Spread Nearing Discount: US Crude Sentiment Might Reverse

    On October 22, US crude oil December 2018 futures closed just ~$0.6 above the December 2019 futures.

    By Rabindra Samanta
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    Energy & Utilities

    Will US Crude Oil Prices Surpass $54?

    On January 28, US crude oil hit an intraday high of $53.64. Over the last six trading sessions, US crude oil prices have struggled to surpass the $54 level.

    By Rabindra Samanta
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    Energy & Utilities

    Are You Looking at the Right Oil-Weighted Stocks?

    On May 16, US crude oil June futures rose 0.3% and closed at $71.49 per barrel, a more-than-three-year high.

    By Rabindra Samanta
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    Energy & Utilities

    Why a Change in Inventory Could Make Oil Bulls Happy

    According to the EIA’s report on July 18, US crude oil inventories rose by ~5.8 MMbbls to ~411.1 MMbbls in the week that ended on July 13.

    By Rabindra Samanta
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    Energy & Utilities

    What’s the Oil Futures Market Saying?

    On July 2, US crude oil August futures closed ~$10 above the August 2019 futures contract. On June 25, the futures spread was at a premium of $5.4.

    By Rabindra Samanta
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    Macroeconomic Analysis

    WTI Crude Oil Resumes Its Rally on Consensus of Slowing Stock Piles

    NYMEX-traded WTI crude oil for May futures increased by 1.15% on Monday. Prices closed at $56.38 per barrel on April 20, 2015.

    By Gordon Kristopher
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    Company & Industry Overviews

    Upstream Stocks Were the Energy Space’s Top Gainers Last Week

    In the week that ended on April 5, upstream stock Denbury Resources (DNR) rose the most among the stocks in the energy space.

    By Rabindra Samanta
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    Energy & Utilities

    Rising Inventories Spread Might Drag Oil Prices

    In the week ending on November 2, US crude oil inventories were 3% above their five-year average.

    By Rabindra Samanta
  • uploads///Energy MWU_ UPSTREAM Gainers
    Energy & Utilities

    Energy XXI Gulf Coast Leads Upstream Gainers from June 18–20

    From June 18–20, Energy XXI Gulf Coast (EGC) rose from last week’s close of $7.49 to $8.97, an increase of 20%.

    By Nicholas Chapman
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    Energy & Utilities

    Global Oil Supply after the US Exits the Iran Nuclear Deal

    On May 10, the United States Oil ETF (USO) rose 0.3%. On May 3–10, US crude oil June futures rose 4.3%.

    By Rabindra Samanta
  • uploads///SI Upstream
    Miscellaneous

    Which Upstream Stocks Have the Highest Short Interest?

    On December 23, 2016, California Resources (CRC) had the highest short interest-to-equity float ratio of ~37% among the upstream stocks in XOP.

    By Rabindra Samanta
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    Miscellaneous

    EIA Inventory Data Seems to Bring More Trouble for Oil

    In the week ending on May 31, US crude oil inventories were 6% higher than their five-year average.

    By Rabindra Samanta
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    Fund Managers

    B/E Aerospace spun off KLX business on activist push

    On December 17, 2014, B/E Aerospace completed its spin-off of KLX, Inc., from B/E Aerospace, and KLX started trading on NASDAQ under the ticker symbol KLXI.

    By Diana Key
  • uploads///Energy MWU_ UPSTREAM Losers
    Energy & Utilities

    These Stocks Are the Upstream Losers So Far This Week

    In the week starting March 5, 2018, California Resources (CRC) fell from $14.98 to $14.65, a decrease of ~6.1%.

    By Nicholas Chapman
  • uploads///US crude oil production
    Energy & Utilities

    US Could Be the World’s Largest Crude Oil Producer by 2020

    The EIA (U.S. Energy Information Administration) estimates that the US crude oil output was steady at 10,900,000 bpd on June 29–July 6.

    By Gordon Kristopher
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    Miscellaneous

    Doubts over OPEC’s Deal: Which Oil-Weighted Stocks to Consider?

    On January 13, 2017, WTI (West Texas Intermediate) crude oil (USO) (OIIL) February contracts closed at $52.37 per barrel, ~1.2% lower than their previous closing price.

    By Rabindra Samanta
  • uploads///Upstream SI
    Miscellaneous

    Are These Bearish Upstream Stocks in Your Portfolio?

    On December 5, 2016, California Resources (CRC) had the highest short interest-to-equity float ratio of ~42.5% among the upstream stocks in XOP.

    By Rabindra Samanta
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    Energy & Utilities

    Futures Spread: Less Bearish Sentiments for Oil?

    On January 7, US crude oil February 2019 futures closed ~$3.1 below the February 2020 futures.

    By Rabindra Samanta
  • uploads///P
    Energy & Utilities

    Why Certain Oil-Weighted Stocks Outperformed Last Quarter

    In the fourth quarter, our list of oil-weighted stocks fell 44.2%—compared to the 39.7% fall in US crude oil February futures.

    By Rabindra Samanta
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    Energy & Utilities

    Why Inventory Data Might Boost Oil Prices

    In the week ended August 31, 2018, US crude oil inventories were almost on par with their five-year average.

    By Rabindra Samanta
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    Energy & Utilities

    Oil-Weighted Upstream Stocks: Outlier in the Energy Space

    On August 24–31, upstream stock California Resources (CRC) saw the highest gain on our list of energy stocks.

    By Rabindra Samanta
  • uploads///Loser
    Energy & Utilities

    Weakest E&P Stocks for the Week Ending August 17

    Alta Mesa Resources (AMR), which is primarily focused in the STACK region, was the weakest E&P company in the week ending August 17.

    By Kurt Gallon
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    Energy & Utilities

    Oil Wasn’t the Only Catalyst for Oil-Weighted Stocks

    The high correlation indicates a stronger positive relationship between oil-weighted stocks and US crude oil prices.

    By Rabindra Samanta
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    Energy & Utilities

    Did Oil ETFs Rise Faster Than US Crude Oil Last Week?

    Last week, Denbury Resources (DNR) and California Resources (CRC) rose 23.6% and 21.8%, respectively, the most on our list of oil-weighted stocks.

    By Rabindra Samanta
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    Energy & Utilities

    Oil ETFs Outperformed Oil’s Fall Last Week

    On October 5–12, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) both fell 3.6%.

    By Rabindra Samanta
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    Energy & Utilities

    Oil Futures Spread: Why the Divergence Is Interesting

    On November 19, US crude oil January 2019 futures closed ~$0.7 below the January 2020 futures.

    By Rabindra Samanta
  • uploads///Loser
    Energy & Utilities

    Weakest Upstream Stocks in the Week Ending October 5

    Ring Energy (REI) was the weakest upstream stock in the week ending October 5. Ring Energy fell 17.4% last week.

    By Kurt Gallon
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    Energy & Utilities

    Oil ETFs Rose More than Oil Last Week

    Between December 28 and January 4, the United States Oil ETF (USO), United States 12-Month Oil ETF (USL), and ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 6.8%, 7.4%, and 14%, respectively.

    By Rabindra Samanta
  • uploads///SI
    Miscellaneous

    Upstream Stocks that Lead in Short Interest

    On October 28, California Resources (CRC) had the highest short interest-to-equity float ratio of ~44.8% among the upstream stocks in XOP.

    By Rabindra Samanta
  • uploads///return
    Miscellaneous

    Upstream Stocks’ Returns and Volatility

    On February 17, 2017, Cobalt International Energy (CIE) had the highest implied volatility among the upstream stocks that are part of XOP.

    By Rabindra Samanta
  • uploads///oil pump jacks energy industry rig
    Energy & Utilities

    Oil-Weighted Stocks Could Be Impacted by Oil’s Fall

    On April 4, 2018, US crude oil May futures fell 0.2% and closed at $63.37 per barrel. On March 28–April 4, 2018, US crude oil May futures fell 1.6%.

    By Rabindra Samanta
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    Energy & Utilities

    Here’s Why Upstream Underperformed the Energy Space

    Between August 31 and September 7, upstream stock Southwestern Energy Company (SWN) fell the most on our list of energy stocks.

    By Rabindra Samanta
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    Energy & Utilities

    Which Oil-Tracking ETFs Outperformed US Crude Oil’s Fall?

    On October 26–November 2, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 7.1% and 6.4%, respectively.

    By Rabindra Samanta
  • uploads///SI Upstream
    Miscellaneous

    These Upstream Stocks Have the Highest Short Interest

    California Resources’ short-interest-to-equity-float ratio has risen 51.8% over the last three months.

    By Rabindra Samanta
  • uploads///OIl weighted stocks
    Miscellaneous

    Are Oil-Weighted Stocks Outperforming Oil’s Recent Fall?

    On February 11, 2016, US crude oil touched a 12-year low. From February 11, 2016, to March 20, 2017, US crude oil active futures contracts rose 86.6%.

    By Rabindra Samanta
  • uploads///oil pump jacks energy industry rig
    Energy & Utilities

    US Crude Oil Is at a 3-Year High

    On April 18, 2018, US crude oil June futures rose 2.9% and closed at $68.47 per barrel—the highest closing level since December 2014.

    By Rabindra Samanta
  • uploads///Energy MWU_ UPSTREAM Losses
    Energy & Utilities

    Upstream Losses: HPR, CRC, XOG, SRCI, and DNR

    As of June 13, HighPoint Resources (HPR) had fallen ~5.7% this week, to $6.28 from $6.66, pushing HPR below its 50-day moving average.

    By Nicholas Chapman
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    Energy & Utilities

    Oil’s Futures Spread: An Interesting Divergence

    On December 31, US crude oil February 2019 futures closed ~$3.2 below the February 2020 futures.

    By Rabindra Samanta
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    Energy & Utilities

    Did Oil-Tracking ETFs Underperform Oil Last Week?

    USO holds active US crude oil futures, while USL holds US crude oil futures deliverable for each of the next 12 months.

    By Rabindra Samanta
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    Energy & Utilities

    Is the Oil Market Expecting Rising Supply?

    On July 16, US crude oil August 2018 futures closed ~$6.1 above the August 2019 futures contract.

    By Rabindra Samanta
  • uploads///MRO WU_ Short Interest
    Company & Industry Overviews

    Is Marathon Oil’s Downtrend about to End?

    As of August 30, 2017, Marathon Oil’s (MRO) short interest stood at ~47.21 million, while its average daily volume is ~6.82 million.

    By Nicholas Chapman
  • uploads///CRC Q DR Implied Volatility
    Miscellaneous

    California Resources’ Stock Price Range: Weekly Forecast

    As of May 11, 2017, California Resources (CRC) had an implied volatility of ~79.42%, which is ~23.68% below its 260-trading day historical price volatility of ~104.06%.

    By Nicholas Chapman
  • uploads///oil _
    Miscellaneous

    US-Iran Tension: What Does It Mean for Oil?

    After Iran shot down a US drone, US crude oil August futures rose 5.7% on June 20 and settled at $57.07 per barrel. In the trailing week, US crude oil active futures rose 8.6%.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Will Oil Continue Its Upside After EIA Data?

    Since the EIA released its inventory data on July 17, US crude oil September futures have fallen 1.2%.

    By Rabindra Samanta
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    Energy & Utilities

    Analyzing the EIA’s Oil Inventory Data and Key Spreads

    Since the EIA released its inventory data last Wednesday, US crude oil August futures have risen 0.6%.

    By Rabindra Samanta
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    Miscellaneous

    Why Morgan Stanley Has Slashed Oil’s Price Forecast

    On July 2, Morgan Stanley (MS) reduced its long-term price forecast for Brent crude oil by $5 to $60 per barrel.

    By Rabindra Samanta
  • uploads///oil _
    Miscellaneous

    Which Oil-Weighted Stocks Are Sensitive to Oil Prices?

    California Resources and Oasis Petroleum were the outperformers among oil-weighted stocks. California Resources had the second-highest correlation with US crude oil prices in the last three months.

    By Rabindra Samanta
  • uploads///P
    Energy & Utilities

    Upstream Stocks Outperformed the Energy Space

    In the week ending March 22, upstream stock Denbury Resources (DNR) rose the most among the energy stocks under review in this series.

    By Rabindra Samanta
  • uploads///Loser
    Energy & Utilities

    These Stocks Were the Weakest Upstream Performers Last Week

    PVAC fell 16.3% last week amid weakness in crude oil and natural gas prices.

    By Kurt Gallon
  • uploads///SWN Q Pre Implied Volatility
    Earnings Report

    What’s the Forecast for Southwestern Energy Stock?

    As of July 25, Southwestern Energy (SWN) had an implied volatility of ~50.0%, which is lower when compared with its implied volatility of ~50.9% at the end of the second quarter of 2018.

    By Nicholas Chapman
  • uploads///CNX Q Pre Implied Volatility
    Earnings Report

    A Look at CNX Resources’ Stock Price Forecast

    As of July 26, 2018, CNX Resources (CNX) had an implied volatility of ~37.2%, which is lower when compared with its implied volatility of ~39.1% at the end of Q2 2018.

    By Nicholas Chapman
  • uploads///EOG Q Pre Implied Volatility
    Earnings Report

    Where EOG Stock Could Settle prior to Its Q2 2018 Results

    On July 24, EOG Resources had an implied volatility of ~26.4%, lower than its implied volatility of ~27.5% at the end of the second quarter.

    By Nicholas Chapman
  • uploads///CRC Q Pre Analysts
    Energy & Utilities

    What Analysts Recommend for CRC, Pre-Q2 Earnings Release

    Of the seven analysts covering California Resources (CRC) on July 23, ~14% recommended “strong buy,” ~14% recommended “buy,” and ~72% recommended “hold.”

    By Nicholas Chapman
  • uploads///EOG Q Pre Revenues
    Earnings Report

    Analyzing EOG Resources’ Q2 2018 Revenue Expectations

    For the second quarter, Wall Street analysts expect EOG Resources (EOG) to report revenue of ~$3.91 billion.

    By Nicholas Chapman
  • uploads///P
    Energy & Utilities

    Are Oil-Weighted Stocks Outperforming WTI Crude Oil Prices?

    On May 30–June 6, our list of oil-weighted stocks fell 3.8%. US crude oil July futures fell 5.1% during this period.

    By Rabindra Samanta
  • uploads///Energy Sector Q YTD Analysts
    Miscellaneous

    What Are Wall Street’s Targets for WTI, CRC, DNR, WLL, and OAS?

    To conclude our overview of the biggest movers in the upstream and oilfield services sector, we’ll discuss Wall Street analysts’ recommendations for the companies with the strongest gains in 2018.

    By Nicholas Chapman
  • uploads///Energy Sector Q YTD F
    Company & Industry Overviews

    Are Hedge Funds Buying WTI, CRC, DNR, WLL, and OAS?

    In Q1 2018, 12 hedge funds bought W&T Offshore (WTI) stock, and 23 hedge funds sold WTI stock.

    By Nicholas Chapman
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    Energy & Utilities

    Are Oil ETFs Outperforming US Crude Oil?

    Last week, California Resources rose 28.8%—the largest gainer. Murphy Oil fell 2.8%—the biggest loss on our list of oil-weighted stocks.

    By Rabindra Samanta
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    Energy & Utilities

    Oil or Equity: Which Could Influence Oil-Weighted Stocks More?

    On May 2, US crude oil June futures rose 1% and closed at $67.93 per barrel, which limited US crude oil June futures’ trailing week decline to 0.2%.

    By Rabindra Samanta
  • uploads///p
    Energy & Utilities

    Are Oil-Weighted Stocks Rising Faster than Oil?

    Between February 11, 2016, and April 11, 2018, US crude oil active futures rose 154.9% from their 12-year low.

    By Rabindra Samanta
  • uploads///APC Upstream YTD Q Analysts Worst
    Energy & Utilities

    Wall Street’s Targets for the Worst-Performing Upstream Stocks

    We’ll now look at Wall Street’s recommendations for the worst performers in 2018 from the US oil and gas production, or upstream, sector.

    By Nicholas Chapman
  • uploads///p
    Energy & Utilities

    These Oil-Weighted Stocks Diverged from Oil’s Decline

    Between February 28 and March 7, our collection of oil-weighted stocks gained 3.1%, compared to a 0.8% decline in US crude oil April futures.

    By Rabindra Samanta
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    Energy & Utilities

    Which Energy Stocks Fell More than the Oil Market Last Week?

    On February 23–March 2, 2018, upstream stock California Resources (CRC) was the largest loser on our list of energy stocks.

    By Rabindra Samanta
  • uploads///Energy MWU_ UPSTREAM Losers
    Energy & Utilities

    Upstream Losers: PE, GPOR, CRC, SWN, and SN

    In the week starting January 29, 2018, Parsley Energy (PE) decreased from $28.73 to $24.07—a significant decrease of ~16.2%.

    By Nicholas Chapman
  • uploads///Energy MWU_ UPSTREAM Gainers
    Basic Materials

    Upstream Gainers This Week: Denbury Resources Leads

    In the week starting October 2, 2017, Denbury Resources (DNR) has risen from its last week’s close of $1.34 to $1.46 on October 3, a significant rise of ~9.0%.

    By Nicholas Chapman
  • uploads///Energy WU_ UPSTREAM Gainers
    Energy & Utilities

    Upstream Gainers This Week: Jones Energy Leads the Pack

    So far this week, Jones Energy (JONE) has risen the most among upstream gainers, marking a significant increase of ~22%.

    By Nicholas Chapman
  • uploads///COP WU_ Implied Volatility
    Energy & Utilities

    What’s Expected for ConocoPhillips Stock This Week

    ConocoPhillips’s implied volatility As of September 1, 2017, ConocoPhillips (COP) had implied volatility of ~22.6%, which is slightly higher than its implied volatility of ~21.4% on August 25, 2017. COP’s price forecast Based on ConocoPhillips’s implied volatility of ~22.6%, assuming a normal distribution of prices, 365 days in a year, and standard deviation of one, […]

    By Nicholas Chapman
  • uploads///COP Q Short Interest
    Company & Industry Overviews

    Who’s Shorting COP: Reading the Short Interest in ConocoPhillips’s Stock

    Short interest in COP On August 14, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~33.4 million, while its average daily volume was ~8.02 million. This means the short interest ratio for COP’s stock was ~4.6x. COP’s average daily volume is calculated for the short interest reporting period from August 1, 2017, […]

    By Nicholas Chapman
  • uploads///SWN WU_ Short Interest
    Company & Industry Overviews

    Analyzing the Short Interest in Southwestern Energy Stock

    As of August 14, Southwestern Energy’s total shares shorted (or short interest) stood at ~45.89 million, while its average daily volume is ~17.44 million.

    By Nicholas Chapman
  • uploads///MRO WU_ Short Interest
    Company & Industry Overviews

    Short Interest in Marathon Oil Stock Remains at Lower Levels

    As of August 14, 2017, Marathon Oil’s total shares shorted (or short interest) stood at ~36.65 million, while its average daily volume is ~15.94 million.

    By Nicholas Chapman
  • uploads///OXY WU_ Short Interest
    Company & Industry Overviews

    Short Sellers and Occidental Petroleum Stock

    As of July 31, 2017, Occidental’s (OXY) total shares shorted (or short interest) stood at ~10.15 million, while its average daily volume was ~4.83 million.

    By Nicholas Chapman
  • uploads///CRC Q Post Short Interest
    Company & Industry Overviews

    Analyzing Short Interest in California Resources Stock

    As of July 31, 2017, California Resources’ (CRC) total shares shorted (or short interest) stood at ~16.3 million.

    By Nicholas Chapman
  • uploads///COP WU_ Short Interest
    Company & Industry Overviews

    Analyzing the Short Interest in ConocoPhillips Stock

    As of July 31, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) was ~31.6 million, and its average daily volume was ~8.0 million.

    By Nicholas Chapman
  • uploads///DNR Q Post Short Interest
    Earnings Report

    Analyzing Short Interest in Denbury Resources Stock

    Denbury Resources’ short interest ratio has a 52-week high of ~12.3x and a 52-week low of 5.8x.

    By Nicholas Chapman
  • uploads///SWN Q Post Short Interest
    Earnings Report

    What’s the Short Interest in Southwestern Energy Stock?

    As of July 14, 2017, Southwestern Energy’s (SWN) total shares shorted (or short interest) stood at ~49.5 million, whereas its average daily volume was ~18.4 million.

    By Nicholas Chapman
  • uploads///CIE Q Post Short Interest
    Earnings Report

    Analyzing Short Interest in Cobalt International Energy’s Stock

    As of July 14, 2017, Cobalt International Energy’s (CIE) total shares shorted (or short interest) was 4.37 million, whereas its average daily volume is 1.03 million.

    By Nicholas Chapman
  • uploads///MRO Q Post Implied Volatility
    Earnings Report

    Analyzing Marathon Oil’s Implied Volatility

    As of August 4, 2017, Marathon Oil (MRO) had an implied volatility of ~47.4%, which is higher than its implied volatility of ~40.6% on June 19, 2017.

    By Nicholas Chapman
  • uploads///CRC WU_ Analysts
    Miscellaneous

    What Wall Street Analysts Recommend for California Resources

    As of June 23, 2017, California Resources (CRC) has one “buy” recommendation, six “hold” recommendations, and one “sell” recommendation.

    By Nicholas Chapman
  • uploads///CRC Q Production
    Company & Industry Overviews

    This Is California Resources’ Lowest-Ever Production

    CRC’s 1Q17 production was ~11% lower than its 1Q16 production of ~148 Mboepd.

    By Nicholas Chapman
  • uploads///CRC Q EPS
    Company & Industry Overviews

    Understanding California Resources’ Loss Cuts in 1Q17

    California Resources reported a better-than-expected loss of ~$43 million for 1Q17.

    By Nicholas Chapman
  • uploads///CIE WU_ Short Interest
    Company & Industry Overviews

    Analyzing Short Interest in Cobalt International Energy Stock

    As of March 23, 2017, Cobalt International Energy’s (CIE) total shares shorted (or short interest) was ~66.3 million. Its average daily volume was ~9.4 million.

    By Nicholas Chapman
  • uploads///CIE WU_ Implied Volatility
    Miscellaneous

    Cobalt International Energy Stock: Forecast for the Week

    As of March 31, 2017, Cobalt International Energy (CIE) had an implied volatility of 142.9%.

    By Nicholas Chapman
  • uploads///DVN WU_ Short Interest
    Company & Industry Overviews

    Short Interest in Devon Energy Stock: How It’s Evolving in 2017

    As of March 15, 2017, Devon Energy’s (DVN) short interest stood at ~7.95 million, while its average daily volume is ~4.73 million.

    By Nicholas Chapman
  • uploads///COP WU Short Interest
    Company & Industry Overviews

    What Short Interest in ConocoPhillips Stock Indicates

    As of March 15, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~15.9 million, whereas its average daily volume was ~7.7 million.

    By Nicholas Chapman
  • uploads///COP WU Implied Volatility
    Company & Industry Overviews

    What’s ConocoPhillips’s Price Forecast for the Next Week?

    As of March 28, 2017, ConocoPhillips (COP) had an implied volatility of ~25.8%, which was ~19.7% below its 260-trading-day historical price volatility of ~32.1%.

    By Nicholas Chapman
  • uploads///MRO Bolt On Short Interest
    Company & Industry Overviews

    Reviewing Short Interest in Marathon Oil Stock

    As of March 15, 2017, Marathon Oil’s (MRO) short interest stood at ~46.02 million, while its average daily volume is ~14.8 million.

    By Nicholas Chapman
  • uploads///MRO Bolt On Implied Volatility
    Company & Industry Overviews

    Marathon Oil’s Stock Price Range Forecast for the Week

    Marathon Oil stock is expected to close between $15.44 and $13.78 after seven calendar days. Marathon Oil stock will stay in this range ~68% of the time.

    By Nicholas Chapman
  • uploads///MRO WU_ Implied Volatility
    Company & Industry Overviews

    Marathon Oil Stock Range Forecast, Week Ended March 24

    As of March 17, 2017, Marathon Oil had an implied volatility of ~39.11%, which is ~26.25% below its 260-trading day historical price volatility of ~53.03%.

    By Nicholas Chapman
  • uploads///ECA Q Short Interest
    Company & Industry Overviews

    How Short Interest in Encana Stock Is Evolving

    On February 28, 2017, Encana’s (ECA) short interest stood at ~18.2 million, and its average daily volume was ~11.4 million. The short interest ratio for ECA stock is ~1.6x.

    By Nicholas Chapman
  • uploads///ECA Q Lifting Cost
    Company & Industry Overviews

    Chart in Focus: Encana’s Lifting Costs

    In 4Q16, Encana (ECA) reported a lifting cost of ~$11.57 per boe, which is ~9% lower than in 4Q15.

    By Nicholas Chapman
  • uploads///ECA Q Hedging Effectiveness
    Company & Industry Overviews

    Analyzing Encana’s Hedging Effectiveness

    According to Encana’s (ECA) form 10Q for 4Q16, the company reported a total profit of ~$2 million on its commodity derivative instruments.

    By Nicholas Chapman
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