Your email has been successfully added to our mailing list.

×
0.0175619834710744 0.0258006198347108 0.0227272727272728 0.0129132231404959 0.00309917355371913 0.0206611570247935 0.0201446280991736 0.0232438016528927
Stock impact report

U.S. oil crash adds to revenue woes for energy-producing states [Reuters]

AllianceBernstein Holding L.P. Units (AB) 
Last alliancebernstein holding l.p. units earnings: 4/28 06:20 am Check Earnings Report
Company Research Source: Reuters
U.S. oil crash adds to revenue woes for energy-producing states CHICAGO, April 21 (Reuters) - The massive downturn in the beleaguered oil market is compounding financial problems for U.S. states and local governments that rely on energy production for revenue and raising concerns for their bond investors, analysts said on Tuesday. Crude oil has plunged in value, and storage tanks around the globe have rapidly filled after efforts to slow the spread of the novel coronavirus slashed oil demand. This week, U.S. crude oil futures prices plunged into negative territory for the first time ever as storage at the country’s key storage hub in Cushing, Oklahoma, filled faster than expected, forcing investors to quickly sell their contracts before taking delivery of physical barrels with no place to put them. “It’s always a concern when prices drop like this,” said Steve Murray, a Fitch Ratings analyst who covers local governments in oil-producing Texas. “Obviously it’s a double whammy because y Show less Read more
Impact Snapshot
Event Time:
AB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AB alerts
Opt-in for
AB alerts

from News Quantified
Opt-in for
AB alerts

from News Quantified