Some U.S. fund managers risk long-term bets on tanking oil sector [Reuters]
Oasis Petroleum Inc. (OAS)
Last oasis petroleum inc. earnings: 2/25 05:28 pm
Check Earnings Report
US:NYSE Investor Relations:
oasispetroleum.com/investors
Company Research
Source: Reuters
Some U.S. fund managers risk long-term bets on tanking oil sector NEW YORK, April 21 (Reuters) - Some U.S. fund managers are attempting what seems like an impossible task: making bets on the stocks and bonds of energy companies at a time when oil futures have sunk to historic lows and a swelling global glut shows no sign of letting up. On Monday, traders holding the expiring front-month May contract for U.S. crude had to pay nearly $40 per barrel to unload oil as they scrambled to avoid having to take delivery. With supply looking like it will far exceed demand for weeks, oil contracts for June on Tuesday were at two-decade lows, with global benchmark Brent down 24%, to settle at $19.33 a barrel and U.S. crude for June down 43% to $11.57. The United States Oil Fund ETF was down more than 20% on Monday. Energy stocks in the S&P 500 are down nearly 45% for the year to date, more than triple the 15% decline in the broad index over the same time. Yet some fund managers with longer time ho
Show less
Read more
Impact Snapshot
Event Time:
OAS
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OAS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OAS alerts
High impacting Oasis Petroleum Inc. news events
Weekly update
A roundup of the hottest topics