The Nasdaq is down 0.5%, the S&P 500 is trading down 0.3% and the Dow has been relatively flat so far today.
While the market overall has shown little change, the Oil and Gas Operations sector (DIG) is up 0.2% and its current biggest movers are:
|Company||Market Cap||Percentage Change|
|InterOil Corporation (NYSE:IOC)||$2.64 billion||-4.5%|
|Laredo Petroleum Holdings (NYSE:LPI)||$2.43 billion||-3.7%|
|Southwestern Energy (NYSE:SWN)||$12.26 billion||-2.4%|
|Targa Resources (NYSE:NGLS)||$3.7 billion||-2.1%|
|China Petroleum & Chemical Corp (NYSE:SNP)||$90.98 billion||+1.8%|
|EQT (NYSE:EQT)||$8.88 billion||-1.8%|
|Hess (NYSE:HES)||$16.93 billion||-1.7%|
Broker Summary: TD Ameritrade Thinkorswim
Slipping 4.5%, InterOil Corporation (NYSE:IOC) is currently trading at $52.19 per share. The company's volume is currently 496,733 shares for the day,.
Laredo Petroleum Holdings (NYSE:LPI) is down 3.7% to reach $18.25 per share. So far today, 61,600 shares have changed hands. This is 0.2 times its current three-month average.
Southwestern Energy (NYSE:SWN) has fallen 2.4% and is currently trading at $34.14 per share. So far today, the company's volume is 1.2 million shares, 0.3 times the average daily volume.
After a decline of 2.1%, Targa Resources (NYSE:NGLS) has hit a share price of $36.17. The company is currently trading a volume of 235,599 shares.
China Petroleum & Chemical Corp (NYSE:SNP) has moved up 1.8% and is currently trading at $106.72 per share. So far today, the company's volume is 13,231 shares, on pace to finish the day below yesterday's volume of 51,867 shares.
EQT (NYSE:EQT) is trading at $58.31 per share, down 1.8%. The company is currently trading a volume of 757,341 shares. This is 0.6 times the average volume over the last three months.
Currently trading at $48.73 per share, Hess (NYSE:HES) has fallen 1.7%. At 995,932 shares, the company's volume so far today is 0.4 times the average daily volume.
The Bottom Line The nature of the market is such that stocks will have good days and bad days. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.
EconomicsFind out which countries produce the most oil in Latin America, and learn about some of the biggest oil companies operating in each country.
Stock AnalysisWynn Resorts has experienced a rally recently. Will it remain a good bet?
Stock AnalysisThe bulls won for a bit in early October, but will bears have the last laugh?
Stock AnalysisTwitter is an enigma to many investors, but its story is pretty straightforward.
Stock AnalysisIf you're seeking modest appreciation, generous dividend payments and resiliency, consider these eight utility stocks.
Stock AnalysisHere's why Phillips 66 will likely remain one of the world’s largest and most profitable companies for a long time to come.
Stock AnalysisStuck on oil? Take a look at these six stocks—three that present risk vs. three that offer some resiliency.
EconomicsEmerging markets have been hammered lately, but these three countries (and their large and young populations) are worth monitoring.
Stock AnalysisPepsiCo has long been known as one of the most resilient stocks throughout the broader market. Is this still the case today?
InvestingHow do bond exchange traded fund (ETF) distributions work? It’s a question I get a lot. First, let’s explain what we mean by distributions.
When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>