|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||28.81 - 30.22|
|52-week range||28.81 - 30.22|
|Beta (5Y monthly)||2.48|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Baker Hughes (BKR), ExxonMobil (XOM) and Kinder Morgan (KMI) announced new deals while EOG Resources (EOG) and Occidental Petroleum (OXY) reported December-quarter earnings.
The oil industry is recovering from a collapse in demand triggered by the coronavirus pandemic, but U.S. shale production will not recover to levels seen before the pandemic, Occidental Petroleum Chief Executive Vicki Hollub said on Tuesday. "The severe drop in activity in the U.S. along with the high decline rates of shale and the pressure from investment community to maintain discipline instead of growth means in my view that shale will not get back to where it was in the U.S.”
Some of the best-performing S&P 500 constituents in February were energy firms like Marathon Oil (MRO), Apache (APA), Valero (VLO), Occidental Petroleum (OXY) and Schlumberger (SLB).