Murphy Oil Corp

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  • XLE Outperforms USO Last Week
    Macroeconomic Analysis

    XLE Outperforms USO Last Week

    The Energy Select Sector SPDR ETF (XLE) fell 0.66% in the week ended September 11. XLE tracks a diverse group of 45 of the largest American energy stocks in the S&P 500 Index (SPX).

    By Keisha Bandz
  • uploads///correlation of oil weighted stocks
    Energy & Utilities

    Which Energy Stocks Are Impacted More by Crude Oil?

    On September 12, WTI crude oil (UWTI) (USO) (OIIL) (USL) (SCO) (DWTI) active contracts closed at $46.29 per barrel—0.9% above the previous closing price.

    By Rabindra Samanta
  • uploads///WTI BRENT
    Macroeconomic Analysis

    The WTI-Brent crude oil discount narrows

    The divergence between WTI and Brent narrowed last week, as a slowdown in Cushing offered a glimmer of hope, causing WTI to rise.

    By Keisha Bandz
  • uploads///MUR Post Production
    Earnings Report

    Murphy Oil’s 4Q15 Operational Performance, Management Strategies

    Along with its 4Q15 earnings, Murphy Oil announced the divestiture of its Montney midstream assets located in Canada. The transaction includes the sale of existing infrastructure capable of processing up to 320 million cubic feet per day.

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

    US Crude Oil above $65: Which Oil-Weighted Stocks Are Gaining?

    Between January 17 and January 24, 2018, oil-weighted stocks rose 2.4%. Over this period, US crude oil March futures rose 2.6%.

    By Rabindra Samanta
  • uploads///Upstream Price Performance
    Company & Industry Overviews

    Are Crude Oil and Natural Gas Stocks Finally Bottoming?

    Looking back, 2015 was a brutal year for all of the commodities. Energy commodities weren’t an exception. Crude oil (USO) fell by ~30% in 2015.

    By Nicholas Chapman
  • uploads///DVN Q Peers
    Company & Industry Overviews

    How Does Devon Energy’s Relative Valuation Compare to Its Peers’?

    Devon Energy (DVN) has a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratio of ~13x.

    By Nicholas Chapman
  • uploads///us crude stcks
    Macroeconomic Analysis

    Why was there a surprise in the EIA’s last crude inventory report?

    On December 24, the US Energy Information Administration (or EIA) released its crude inventory report for the week ended December 19.

    By Keisha Bandz
  • uploads///P
    Energy & Utilities

    Oil-Weighted Stocks Outperformed US Crude Oil

    On August 21–28, 2017, oil-weighted stocks fell 0.1% on average. During this period, US crude oil October futures fell 2%.

    By Rabindra Samanta
  • Macroeconomic Analysis

    Crude oil supply and demand: Why the OPEC meeting matters

    Now, given the supply and demand situation, were OPEC to leave production levels unchanged, crude oil prices would fall further. This would be bearish for energy companies.

    By Manas Chowgule, CFA
  • uploads///SWN WU Short Interest
    Company & Industry Overviews

    Southwestern Energy Stock: Will Its Downtrend Reverse?

    As of November 15, 2017, Southwestern Energy’s (SWN) short interest stood at ~41.70 million, while its average daily volume is ~6.13 million.

    By Nicholas Chapman
  • uploads///COP WU_ Price
    Miscellaneous

    What Happened to ConocoPhillips Stock Last Week?

    Last week (ended June 2, 2017), crude oil prices continued their weekly declining trend, falling from $49.80 per barrel to $47.66 per barrel.

    By Nicholas Chapman
  • uploads///US Inventory July
    Macroeconomic Analysis

    Crude Oil Prices Rise for the Second Day, Led by EIA Inventory Data

    The unexpected fall in crude oil inventory supported crude oil prices. The fall in US imports might have led to the fall in the US oil inventory.

    By Gordon Kristopher
  • uploads///US Crude inv
    Macroeconomic Analysis

    Crude Oil Inventories Drop Again: Good News for WTI

    In its weekly Petroleum Status Report released on Thursday, the EIA announced a decrease of 2.8 MMbbls in crude oil inventories for the week ending May 22.

    By Keisha Bandz
  • uploads///MUR Q Pre EBITDA
    Earnings Report

    Murphy Oil: Analysts’ 4Q16 EBITDA Estimates

    For 4Q16, Wall Street analysts expect Murphy Oil to report EBITDA of ~$261 million—compared to adjusted EBITDA of approximately -$122 million in 4Q15.

    By Nicholas Chapman
  • uploads///US Crude inv
    Macroeconomic Analysis

    Crude Oil Inventory Drops Last Week, Lower than Expectations

    According to the EIA’s June 24 report, crude oil inventory decreased 4.9 MMbbls for the June 19 week. Analysts were expecting a much smaller decrease of 2 MMbbls.

    By Keisha Bandz
  • uploads///crude oil chart
    Macroeconomic Analysis

    Crude Oil Market: Will Bullish Oil Traders Control 2017?

    January WTI crude oil futures fell for the third straight day yesterday. Prices fell below the key psychological levels of $42 per barrel on November 30.

    By Gordon Kristopher
  • uploads///MRO Q Pre EPS Beat or Miss
    Earnings Report

    Marathon Oil Could Beat Its 3Q17 Earnings

    In the last four quarters, Marathon Oil beat the consensus EPS estimate 75% of the time and met the consensus EPS estimate 25% of the time.

    By Nicholas Chapman
  • uploads///CNX Q Pre Annotations
    Earnings Report

    Analyzing Consol Energy’s Stock Movement ahead of Its 1Q16 Earnings

    So far in 2016, Consol Energy (CNX) has been outperforming bigger upstream companies in the S&P 500 (SPY). CNX has risen by ~64%.

    By Nicholas Chapman
  • uploads///MUR Q Pre Annotations
    Earnings Report

    How Investors Have Reacted to Murphy Oil’s Past Earnings

    After losing ~78% of its market capitalization from July 2014 to January 2016, Murphy Oil’s (MUR) stock price is finally showing signs of new uptrend.

    By Nicholas Chapman
  • uploads///oNE YEAR gom
    Macroeconomic Analysis

    The US Gulf of Mexico Rig Count Falls through the Cracks

    The Gulf of Mexico rig count was down by 11 rigs compared to the previous week, with 35 rigs for the week ending March 20, 2015.

    By Alex Chamberlin
  • uploads///Image
    Earnings Report

    Can Marathon Oil Report Higher Profits in Q2 2018?

    Marathon Oil (MRO) is set to report its Q2 earnings on August 1. Excluding one-time items, the net income estimate is ~$161 million.

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

    Cobalt International’s Stock Price Forecast Using Implied Volatility

    As of May 10, 2017, Cobalt (CIE) had an implied volatility of ~235.6%, which is ~119.9% above its 260-trading day historical price volatility of ~107.2%.

    By Nicholas Chapman
  • Consumer

    Murphy USA: Why Murphy Oil spun off its retail marketing business

    Murphy USA, Inc. (MUSA): Historical financials, FY2012 versus FY2011 Marketing segment total revenues increased by $239.0 million in FY2012 to $19.0 billion compared to the FY2011 amount of $18.8 billion. Total fuel sales volumes per station averaged 277,001 gallons per month in 2012, down 0.3% from the prior year amounts. Within operating revenues, merchandise sales increased […]

    By Samuel Madden, CFA
  • uploads///Median of Federal Funds Rate Projections
    Company & Industry Overviews

    A Dovish Federal Reserve and US Equity Mutual Funds

    The Federal Reserve has toned down its expectations of US economic growth in 2016, given the state of the global economy. It remains quite confident on the domestic front, though, as projections for the unemployment rate have been reduced.

    By David Ashworth
  • uploads///SWN Q Pre Analyst
    Energy & Utilities

    Southwestern Energy: Wall Street’s Pre-Earnings Ratings

    As of February 21, 2018, Reuters counts 32 analysts with recommendations on Southwestern Energy (SWN).

    By Nicholas Chapman
  • uploads///USO  month chart May
    Macroeconomic Analysis

    Crude Oil Prices Change Marginally: Led by China’s Imports

    NYMEX-traded June WTI crude oil futures gained slightly by 0.76% and settled at $59.39 per barrel on May 8, 2015. Crude oil prices changed marginally.

    By Gordon Kristopher
  • uploads///USO ETF  July
    Macroeconomic Analysis

    Crude Oil Prices Decline Again, Led by Cushing Stockpiles

    On July 16, crude oil rices declined for the second day in a row, led by a strong dollar and oversupply concerns.

    By Gordon Kristopher
  • uploads///OXY Q Post Analyst
    Earnings Report

    Occidental Petroleum: Analysts’ Ratings after 4Q17

    The median target price on Occidental Petroleum stock is $78.50, which is ~12% higher than its closing price of $69.85 on February 14.

    By Nicholas Chapman
  • uploads///crude inventories and refinery input
    Energy & Utilities

    Why less-than-expected crude inventory increased

    On October 29, the U.S. Energy Information Administration (or EIA) released inventory data for the week ending October 24. Inventories increased less than analysts expected.

    By Keisha Bandz
  • uploads///PXD Q Production Mix
    Company & Industry Overviews

    Production Mix and Realized Prices: How Do Pioneer’s Compare?

    In 4Q15, Pioneer Natural Resources’ production mix was ~53% crude oil, ~19% natural gas liquids, and ~28% natural gas.

    By Nicholas Chapman
  • uploads///USO ETF May
    Macroeconomic Analysis

    US Dollar and Oversupply Weigh Heavily on WTI Crude Oil Prices

    July WTI crude oil futures contracts trading in NYMEX slumped by 2.83% and settled at $58.03 per barrel on Tuesday, May 26, 2015. Crude oil prices plunged.

    By Gordon Kristopher
  • uploads///DVN Q Pre EPS beat or miss
    Earnings Report

    The Odds of Devon Energy Beating Its 1Q18 Earnings Estimates

    In the last four quarters, DVN beat the consensus EPS estimate 75.0% of the time and missed the consensus EPS estimate 25.0% of the time.

    By Nicholas Chapman
  • uploads///WTI crude chart
    Macroeconomic Analysis

    Crude Oil Prices Fall from Key Resistance Level

    WTI crude oil futures contracts for January delivery fell from the key resistance level of $44 per barrel on Friday, November 27.

    By Gordon Kristopher
  • uploads///p_Last
    Energy & Utilities

    Key Energy Events for the Week Ending November 9

    On November 8, the Fed might announce important changes to key interest rates, which would be important for the US dollar.

    By Rabindra Samanta
  • uploads///WTIcrude PRICES
    Energy & Utilities

    Why WTI oil prices failed to recover despite some support

    Despite development of factors that could have lended support to WTI oil prices, oil prices failed to recover and in fact were trading close to $86 on Thursday.

    By Keisha Bandz
  • uploads///USO ETF JUne
    Macroeconomic Analysis

    Crude Oil Prices Rise Marginally on Short Covering due to Expiry

    NYMEX-traded WTI crude oil futures contracts for July delivery rose marginally by 0.12% and settled at $59.68 per barrel on June 22, 2015.

    By Gordon Kristopher
  • uploads///P
    Energy & Utilities

    Events that Could Impact Oil Prices This Week

    Between July 20 and July 27, Murphy Oil (MUR), EQT (EQT), and Apache (APA) returned 2.0%, -10.5%, and 1.4%, respectively.

    By Rabindra Samanta
  • uploads///correlation of oil weighted stocks
    Miscellaneous

    Fed Fear and Crude Oil: Identifying Stocks with a High Correlation

    Last week, crude oil prices fell due to supply glut fears. On August 29, 2016, crude oil prices fell due to market expectations of a rate hike next month.

    By Rabindra Samanta
  • uploads///China crude oil production
    Macroeconomic Analysis

    China’s Crude Oil Production: A Game Changer in 2016?

    China’s crude oil production could fall by 3%–5% in 2016. The fall in China’s crude oil production would be substituted by the rise in China’s crude oil imports.

    By Gordon Kristopher
  • uploads///image
    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///eaeadceebfeaedd
    Macroeconomic Analysis

    Crude Oil Prices Rally despite Chinese Slowdown Drama

    NYMEX-traded WTI crude oil futures contracts for September delivery rose by 2.80% on August 25. Crude oil prices recovered despite oversupply concerns.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    How These Oil-Weighted Stocks Correlate with Oil

    On August 14, 2017, US crude oil (USO) (DBO) September futures fell 2.5% and closed at $47.59 per barrel.

    By Rabindra Samanta
  • uploads///oil monahans texas sunset
    Energy & Utilities

    Energy Sector: Analyzing Key Events This Week

    The EIA is scheduled to release its oil and natural gas inventory data on March 27–28, which could be a short-term driver for oil and natural gas prices.

    By Rabindra Samanta
  • uploads///PXD Pre ERN Annotations
    Earnings Report

    Analyzing Pioneer Natural Resources’ Stock Price ahead of 4Q15 Results

    Over the past two months, Pioneer Natural Resources stock price has dropped by about 19%. But XOP has been down ~27% during same period.

    By Nicholas Chapman
  • uploads///USO ETF  July
    Macroeconomic Analysis

    US Crude Oil Prices Are Almost Flat on Slowing Demand from China

    August WTI crude oil futures trading in NYMEX fell for the third day in a row. Prices fell slightly by 0.04% and closed at $50.89 per barrel on Friday, July 17.

    By Gordon Kristopher
  • uploads///EOG Q Post F
    Earnings Report

    Did Institutional Investors Sell EOG Resources in 4Q17?

    In 4Q17, 470 funds were “buyers” of EOG Resources (EOG) stock, and 450 funds were “sellers” of EOG stock.

    By Nicholas Chapman
  • Consumer

    Murphy USA: Murphy’s business model stands out from competitors

    Murphy USA, Inc. (MUSA): Differentiation Murphy differentiates itself from its competitors primarily through: Small-format offerings leading to higher sales per square foot (average footprint for comps is 3,000 square feet): MUSA sells roughly nine times the merchandise per years per square foot compared to comps ($4,744 versus $547). Volume-focused sales model: MUSA’s monthly fuel gallons sold […]

    By Samuel Madden, CFA
  • uploads///DVN Q Post F
    Earnings Report

    Did Institutional Investors Sell Devon Energy in 4Q17?

    On December 31, 2017, 740 13F filers held DVN in their portfolios, out of which 13 filers had DVN in their top ten holdings.

    By Nicholas Chapman
  • Consumer

    Murphy USA: Why you should consider investing in Murphy USA

    Murphy USA is a price leader compared to most gas stations and compensates by driving significantly more volume than comparable stores.

    By Samuel Madden, CFA
  • uploads///image
    Energy & Utilities

    US Crude Oil Is above $50: Analyzing Oil Stocks

    On July 31, 2017, US crude oil (USO) (DBO) (USL) September futures closed at $50.17 per barrel—0.9% above the last closing price.

    By Rabindra Samanta
  • uploads///MUR Q Pre Analysts
    Earnings Report

    What are Wall Street Analysts’ Ratings for Murphy Oil?

    Currently, ~79% of Wall Street analysts rate Murphy Oil (MUR) as a “hold” and ~21% of analysts rate it as a “sell.” There is no “buy” rating on the stock.

    By Nicholas Chapman
  • uploads///ECA Q Post Analyst
    Energy & Utilities

    What Wall Street Analysts Recommend for Encana

    As of February 16, 2018, 29 analysts were covering Encana (ECA). Of these, ~31% have “strong buy” ratings, ~62% have “buy” recommendations, while the remaining ~7% of analysts have “hold” recommendations.

    By Nicholas Chapman
  • uploads///prod and cons
    Macroeconomic Analysis

    EIA Expects Liquid Fuels Production to Rise in 2015 and 2016

    The EIA (Energy Information Administration) expects global petroleum and liquids production or total world supply to average 94.16 MMbbl/d in 2015.

    By Keisha Bandz
  • uploads///correlation of stocks with oil
    Miscellaneous

    What Are the Right Stocks for Crude Oil Bulls?

    On October 3, 2016, WTI crude oil November contracts closed at $48.81 per barrel. The contracts were ~1.2% above the previous closing price.

    By Rabindra Samanta
  • uploads///valuation
    Earnings Report

    Upstream Companies with the Lowest EBITDA Multiples

    As of the first quarter, Sandridge Energy’s (SD) EV-to-adjusted EBITDA ratio was ~2.77x. The company has a market capitalization of $529.83 million.

    By Keisha Bandz
  • uploads///image
    Energy & Utilities

    These Oil-Weighted Stocks Could Fall if Oil Stalls

    On January 31, 2018, US crude oil (USO) (DBO) March futures rose 0.4% and closed at $64.73 per barrel.

    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
  • uploads///RRC Q Post F
    Earnings Report

    Institutional Investors’ Positions on Range Resources in 4Q17

    Buyers and sellers In 4Q17, 223 funds bought Range Resources (RRC) stock, and 202 funds sold RRC stock, with buying funds outnumbering selling funds by 21. As of December 31, 2017, 420 13F filers held RRC in their portfolio, of which five had RRC in their top ten holdings. In 4Q17, RRC stock fell ~13%. However, in 4Q17, […]

    By Nicholas Chapman
  • uploads///cfabdeaccfbcded
    Macroeconomic Analysis

    Crude Oil Prices Rise 4% as the US Dollar Depreciates

    The fight for market share, despite lower crude oil prices, has led to victory for Saudi Arabia. It exported 4.4 MMbpd of crude oil to Asia in 1H15.

    By Gordon Kristopher
  • uploads///USO ETF MAy
    Macroeconomic Analysis

    Japan and China Boost Crude Oil Prices

    Crude oil prices surged on Monday—supported by rising demand from Asia and the US. The US Dollar Index appreciated against the major global currencies.

    By Gordon Kristopher
  • uploads///SWN Q Pre EPS beat or miss
    Earnings Report

    What Are the Odds of SWN Beating Its 4Q17 Earnings Estimates?

    In the last four quarters, Southwestern Energy (SWN) has beaten the consensus EPS (earnings per share) estimate only once—in 1Q17.

    By Nicholas Chapman
  • uploads///uso  month may
    Macroeconomic Analysis

    Crude Oil Prices Advanced ahead of the EIA Report

    NYMEX-traded June WTI crude oil futures increased by 0.88% and settled at $60.93 per barrel on May 6, 2015. Crude oil prices increased.

    By Gordon Kristopher
  • uploads///USO ETF June   Charts
    Macroeconomic Analysis

    Crude Oil Prices Decline: Led by Strong Dollar and Profit-Booking

    July WTI crude oil futures trading in NYMEX fell by 1.07% and closed at $60.77 per barrel on Thursday, June 10—due to profit-booking and the strong dollar.

    By Gordon Kristopher
  • uploads///USO ETF month  July
    Macroeconomic Analysis

    US WTI Crude Oil Prices Rally despite Oversupply Concerns

    August WTI crude oil futures trading in NYMEX rose by 1.95% and closed at $59.47 per barrel on Tuesday, June 30, 2015. Prices surged on the summer demand.

    By Gordon Kristopher
  • uploads///part
    Real Insights

    A Glance at Future Prospects for the Crude Oil Market

    ETF Securities Outlook: Crude Oil OPEC’s decision to extend its production cuts through March 2018 was met with disappointment in markets. While this is a positive sign for the global crude market which continues to rebalance from a multi-year supply glut, expectations of continued US productions will remain in focus. There have been encouraging signs […]

    By Maxwell Gold
  • uploads///oil _
    Energy & Utilities

    Why These Events Matter for Your Energy Portfolio

    Last week, US crude oil April futures rose 4.1%, while natural gas April futures rose 2.8%.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Crude Oil’s Glut: Oil-Weighted Stocks Could Bear the Brunt

    On April 3, 2017, WTI crude oil (USO) (OIIL) (USL) (DBO) May futures closed at $50.24 per barrel, which was ~0.7% lower than the previous closing price.

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

    US Crude Oil Is near a 3-Year High

    On March 21, 2018, US crude oil May futures rose 2.6% and closed at $65.17 per barrel.

    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///image
    Energy & Utilities

    US Oil Retreating from $50 Mark: Energy Stocks Could Take the Heat

    On August 7, 2017, US crude oil (USO) (DBO) (USL) September futures closed at $49.39 per barrel, which was 0.40% below the previous closing price.

    By Rabindra Samanta
  • uploads///Correlation of oil weighted
    Miscellaneous

    How Are Oil-Weighted Stocks Reacting to Crude Oil?

    On November 14, 2016, the WTI crude oil December contracts closed at $43.32 per barrel. The contracts were ~0.2% lower than the previous closing price.

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

    Is Stone Energy’s Free Cash Flow Trending in the Right Direction?

    In 1Q17, Stone Energy’s (SGY) total operating revenue was ~$95 million, ~17% higher than it was in 1Q16.

    By Nicholas Chapman
  • uploads///OXY Q Pre EPS Beat or Miss
    Earnings Report

    Could Occidental Petroleum Beat Analysts’ 2Q17 Earnings Estimate?

    Odds of beating earnings Occidental Petroleum (OXY) beat the consensus EPS (earnings per share) estimate in 1Q17, missed it in 3Q16 and 4Q16, and met it in 2Q16. How did OXY react to 1Q17 earnings results? Occidental Petroleum announced its 1Q17 earnings on May 4, 2017, before the market opened. Occidental Petroleum reported adjusted EPS of […]

    By Nicholas Chapman
  • uploads///MUR FCF Trend
    Company & Industry Overviews

    How Murphy Oil’s Free Cash Flow Is Trending

    In 3Q17, Murphy Oil (MUR) reported FCF (free cash flow) of -$47 million, which is lower when compared with MUR’s FCF of -$10 million in 3Q16.

    By Nicholas Chapman
  • uploads///MUR Q Pre Revenue
    Earnings Report

    Will Analysts’ 2Q16 Revenue Estimates for Murphy Oil Bear Out?

    Murphy Oil (MUR) is set to report its 2Q16 earnings on July 27, 2016. For 2Q16, Wall Street analysts expect Murphy Oil to report revenues of ~$489 million, which is lower by ~34% when compared with 2Q15 revenues of ~$738 million.

    By Nicholas Chapman
  • uploads///MUR Q Post Analysts
    Earnings Report

    How Is Wall Street Rating Murphy Oil after 3Q16 Earnings Release?

    Currently, ~15.0% of Wall Street analysts rate Murphy Oil (MUR) a “buy,” and ~70.0% rate it a “hold.” About 15.0% rate the stock a “sell.”

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

    A Look at Encana’s Production Mix and Realized Prices

    In 1Q16, Encana’s (ECA) production mix was ~66% natural gas, ~21% crude oil, and ~13% natural gas liquids. Its total liquids production was at ~34%.

    By Nicholas Chapman
  • uploads///WTI Q Pre Production
    Earnings Report

    W&T Offshore’s Production Fell to Two-Year Low in 4Q16

    4Q16 production update On February 3, 2017, W&T Offshore (WTI) issued an update on its 4Q16 and 2016 production. According to the company’s press release, its 4Q16 production was 3.7 MMboe (million barrels of oil equivalent), which matched the midpoint of its production guidance range of 3.5 MMboe–3.9 MMboe. W&T Offshore’s 4Q16 production is ~10% […]

    By Nicholas Chapman
  • uploads///crude oil prod
    Macroeconomic Analysis

    US Crude Oil Production Increases Again: WTI Is in Trouble

    The EIA estimates that crude oil production increased by 20,000 bpd to 9.58 MMbpd in the week to May 29—following a triple-digit increase the week before.

    By Keisha Bandz
  • uploads///OXY Q Pre EPS Beat or Miss
    Earnings Report

    How Occidental Petroleum Stock Has Reacted to Past Earnings

    In the past four quarters, OXY has met the consensus EPS estimate 25% of the time and missed the consensus EPS estimate 75% of the time.

    By Nicholas Chapman
  • uploads///MUR Q Pre EPS
    Earnings Report

    What to Expect from Murphy Oil’s 1Q16 Earnings

    Murphy Oil (MUR) is set to report its 1Q16 earnings on May 4, 2016, after the market closes. For 1Q16, Wall Street analysts expect Murphy Oil to report an adjusted loss of $0.68 per share, compared with its 1Q15 loss of $1.11 per share.

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

    Could EOG Resources Report a Loss in 1Q16, as Expected?

    EOG Resources (EOG) is set to report its 1Q16 earnings on May 5, 2016, after the Market closes. For 1Q16, analysts expect EOG Resources to report an adjusted loss of $0.84 per share.

    By Nicholas Chapman
  • uploads///global inventory
    Macroeconomic Analysis

    Crude Oil Inventories Suggest Bear Market May Extend beyond 2016

    The EIA projects that global crude oil inventories could slow down to 1.4 MMbpd in 4Q15, and then fall to an average of around 0.6 MMbpd.

    By Gordon Kristopher
  • uploads///p_last
    Energy & Utilities

    OPEC’s Meeting: Key Catalyst for Oil This Week

    The EIA’s latest oil and natural gas inventory data are scheduled to be released on December 5–6, respectively.

    By Rabindra Samanta
  • uploads///MUR Q Post Implied Volatility
    Earnings Report

    What Murphy Oil’s Implied Volatility Means for Its Stock Price

    As of July 29, 2016, Murphy Oil (MUR) had an implied volatility of ~47.9%, which is ~25.8% below its 260-day historical price volatility of ~64.5%.

    By Nicholas Chapman
  • uploads///crude prod
    Macroeconomic Analysis

    Crude Oil Production Up, Imports Down in June 19 Week: What Next?

    The EIA estimates crude oil production increased 15,000 bpd to 9.60 MMbpd in the June 19 week. That’s 14% higher than year-ago levels of 8.45 MMbpd.

    By Keisha Bandz
  • Financials

    What’s the Moving Average Convergence Divergence?

    The Moving Average Convergence Divergence (or MACD) was developed by Gerald Appel in the 1970s. The MACD is the difference between two moving averages. The MACD consists of two lines.

    By Gordon Kristopher
  • Financials

    Why the inverted head and shoulder pattern is formed

    The inverted head and shoulder pattern is the reverse of the head and shoulder pattern. It’s formed at the bottom of the downtrend.

    By Gordon Kristopher
  • Financials

    Support and resistance are key concepts in technical analysis

    Support is the point where buying pressure is more than the selling pressure. Resistance is the point where selling pressure is more than the buying pressure.

    By Gordon Kristopher
  • uploads///WTI prices
    Energy & Utilities

    Why inventories helped moderate another bearish week for US crude

    Saudi Arabia’s U.S. market share has suffered recently, due to high domestic production levels. According to a preliminary report by the U.S. Energy Information Administration, U.S. crude oil imports from Saudi Arabia slipped to 609,000 barrels per day in the week ended October 3.

    By Keisha Bandz
  • Energy & Utilities

    What peer analysis says about Southwestern Energy’s valuation

    In terms of revenue and earnings growth over various time periods, SWN stands head and shoulders above its closest peers and the broad markets. It’s very likely that the company’s undervalued by the market—the victim of undeserved pessimism.

    By Manas Chowgule, CFA
  • uploads///WTI prices
    Energy & Utilities

    Why West Texas Intermediate crude oil prices continue to fall

    After two consecutive weeks of bearish inventory reports, crude prices stabilized at levels close to $81 per barrel. Last week, crude prices fell to the lowest levels since 2012.

    By Keisha Bandz
  • uploads///CNX Q Pre F
    Earnings Report

    Are Institutional Investors Buying CNX Resources Stock?

    In Q1 2018, 140 funds bought CNX Resources (CNX).

    By Nicholas Chapman
  • uploads///MRO Q Pre F
    Earnings Report

    Are Institutional Investors Selling Marathon Oil Stock?

    In Q1 2018, 265 funds were “buyers” of Marathon Oil (MRO) stock, either creating new positions or adding to existing positions.

    By Nicholas Chapman
  • uploads///DVN Q Pre EPS Beat or Miss
    Earnings Report

    Will Devon Energy Beat Q2 2018 Earnings Estimates?

    Devon Energy (DVN) beat consensus EPS estimates in Q2 2017 and Q3 2017 but missed consensus EPS estimate in Q4 2017 before meeting EPS estimates in Q1 2018.

    By Nicholas Chapman
  • uploads///COP Q Pre EPS Beat or Miss
    Energy & Utilities

    A Look at ConocoPhillips’s Q2 2018 Earnings Estimates

    In the last four quarters, COP beat the consensus EPS estimate 75.0% of the time and met its consensus EPS estimate 25.0% of the time.

    By Nicholas Chapman
  • uploads///Energy MWU_ UPSTREAM Losers
    Energy & Utilities

    Weakest Upstream Stocks This Week: KOS, OAS, MRO, WLL, and MUR

    This week, Kosmos Energy (KOS) has fallen ~6.9% from $8.45 to $7.87. On June 26, KOS closed the day with a loss of ~2.6%.

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

    Are Hedge Funds Buying Occidental Petroleum?

    In this article, we’ll take a look at how hedge funds are positioning themselves in Occidental Petroleum (OXY) stock.

    By Nicholas Chapman
  • uploads///SWN WU_ Correlation
    Energy & Utilities

    Understanding Occidental’s Correlation with Crude Oil Prices

    In this article, we’ll try to quantify any correlation between OXY and crude oil prices.

    By Nicholas Chapman
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