97.45 0.00 (0.00%)
After hours: 4:58PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||96.56 - 97.77|
|52-week range||81.99 - 109.37|
|PE ratio (TTM)||-196.87|
|Earnings date||2 Nov 2017|
|Dividend & yield||0.67 (0.69%)|
|1y target est||104.21|
The current model award shale drillers as per growth in production, which has led to higher yield. However, neither financials nor shareholder gain.
As of October 6, 2017, Devon Energy (DVN) had an implied volatility of ~30.8%, which is lower than its implied volatility of ~39.8% at the end of 2Q17.
Compared to its peers, ConocoPhillips (COP) had the highest short interest as a percentage of float, or short interest. As of October 4, 2017, short interest in COP stock was 2.8%.
Devon Energy (DVN) has the highest implied volatility among its peers, while Occidental Petroleum (OXY) has the lowest.
ConocoPhillips has the highest "buy" recommendations at 45.5% of analysts, followed closely by Anadarko and Devon with 44.1% and 43.7% "buy" recommendations, respectively.
EOG Resources (EOG) reported 2Q17 revenue of ~$2.6 billion compared to 2Q16 revenue of ~$1.8 billion, a 44.4% YoY (year-over-year) increase.
On September 29, W&T Offshore (WTI) had an implied volatility of ~74.0%, which is higher than its implied volatility of ~57.2% at the end of 2Q17.
As of September 26, 2017, Marathon Oil (MRO) had an implied volatility of ~32.4%, which is lower than its implied volatility of ~39.8% at the end of 2Q17.
U.S. oil prices remain above the key threshold of $50 a barrel despite signs of more production from OPEC, and several shale stocks are setting up new bases.
As of September 29, 2017, ConocoPhillips (COP) had an implied volatility of ~21.5%—lower than its implied volatility of ~25.47% at the end of 2Q17.
United States unconventional E&Ps have begun to proceed with caution as the downturn has made commodity prices increasingly volatile