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Nov 20, 2018
Energy Stocks Tank as U.S. Crude Oil Hits New One-Year Low

Energy Stocks Tank as U.S. Crude Oil Hits New One-Year Low

Snapping four days of gains, oil prices plummeted again on Tuesday and crude futures also fell to fresh session lows, as the U.S. President in an official statement announced that the United States stands by Saudi Arabia.

Brent crude fell by $4.72 or 7.1% to stand at $62.07 a barrel while the international benchmark for oil prices hit a fresh eight-month low on Tuesday. U.S. West Texas Intermediate (WTI) plunged by $4.18 or 7.3% to stand at $53.02, thus hitting its lowest level going back to October 2017.

Crude futures and equities fell in tandem during this broad market sell-off, just like last month. The downward slide for energy stocks ranged in-between 2% to 7% and some of the major losers included names like Chesapeake Energy (CHK, -7.1%), Devon Energy (DVN, -6.1%), Range Resources Corporation (RRC, -5.3%) and Southwestern Energy (SWN, -4.4%) among others.

Related Ticker: EXE

EXE's Stochastic Oscillator is staying in oversold zone for 5 days

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

Following a +1.65% 3-day Advance, the price is estimated to grow further. Considering data from situations where EXE advanced for three days, in 199 of 302 cases, the price rose further within the following month. The odds of a continued upward trend are 66%.

EXE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In 189 of 252 cases where EXE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 75%.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 11, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on EXE as a result. In 56 of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 59%.

The Moving Average Convergence Divergence Histogram (MACD) for EXE turned negative on September 08, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 54 similar instances when the indicator turned negative. In 35 of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at 65%.

EXE moved below its 50-day moving average on September 16, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where EXE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 58%.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of 25 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.044) is normal, around the industry mean (5.004). P/E Ratio (7.542) is within average values for comparable stocks, (26.349). Projected Growth (PEG Ratio) (0.824) is also within normal values, averaging (1.946). Dividend Yield (0.026) settles around the average of (0.035) among similar stocks. P/S Ratio (1.557) is also within normal values, averaging (5.980).

The Tickeron Profit vs. Risk Rating rating for this company is 44 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 68, placing this stock slightly better than average.

The Tickeron SMR rating for this company is 57 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is 61 (best 1 - 100 worst), indicating fairly steady price growth. EXE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is 99 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

Notable companies

The most notable companies in this group are ConocoPhillips (NYSE:COP), Canadian Natural Resources Limited (NYSE:CNQ), EOG Resources (NYSE:EOG), Occidental Petroleum Corp (NYSE:OXY), Diamondback Energy (NASDAQ:FANG), Devon Energy Corp (NYSE:DVN), EQT Corp (NYSE:EQT), Expand Energy Corporation (NASDAQ:EXE), APA Corp (NASDAQ:APA), ANTERO RESOURCES Corp (NYSE:AR).

Industry description

The oil and gas production segment includes companies that specialize in exploration, development, and production of oil and natural gas. These companies are focused on upstream operations. Companies typically identify deposits, drill wells, and extract raw materials from underground. The industry also includes related services like rig operations, feasibility studies, machinery rentals etc. Several operators in this industry work with various types of contractors such as engineering procurement and construction contractors, as well as with joint-venture partners and oil field service companies. Oil and gas often involves large fixed costs of production; so, declining crude oil prices, for example, is a potential negative for this industry. Conoco Phillips, EOG Resources, Inc. and Pioneer Natural Resources Company are some examples of companies operating in this space.

Market Cap

The average market capitalization across the Oil & Gas Production Industry is 10.23B. The market cap for tickers in the group ranges from 100 to 158.37B. COP holds the highest valuation in this group at 158.37B. The lowest valued company is HKEB at 100.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Production Industry was -4%. For the same Industry, the average monthly price growth was -3%, and the average quarterly price growth was -9%. CRT experienced the highest price growth at 9%, while INR experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Production Industry was 123%. For the same stocks of the Industry, the average monthly volume growth was 96% and the average quarterly volume growth was -48%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 48
Price Growth Rating: 51
SMR Rating: 70
Profit Risk Rating: 67
Seasonality Score: 46 (-100 ... +100)
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General Information

a developer of oil and natural gas properties

Industry OilGasProduction

Profile
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Industry
Oil And Gas Production
Address
6100 North Western Avenue
Phone
+1 405 848-8000
Employees
1600
Web
https://www.expandenergy.com
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