$XOM, $CVX, $SHEL, $TTE, $BP, $EQNR, $PBR: Oil company stocks have grown by more than 8% in the last month.
Over the past month, the index has been trading with weak directionality. However, there are sectors and stocks that have performed quite well, with some of the stocks in the Integrated Oil industry showing growth in the range of 8-10% over the last month. You can find signals from our robots by subscribing through the following link:Choppy-Market-Trader-Popular-Stocks-4K-per-position-Market-Neutral-Strategy-TA-FA.
Notable Companies
Among the notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), BP plc (NYSE:BP), Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) (NYSE:PBR), Suncor Energy (NYSE:SU), and YPF Sociedad Anonima (NYSE:YPF).
Industry Description
Integrated oil companies are involved in nearly the entire oil value chain, from upstream operations like exploration and production to downstream functions like refining and marketing. Major integrated oil companies include Exxon Mobil Corporation, Chevron Corporation, and BP. The impact of crude oil price fluctuations on their bottom lines can vary depending on the proportion of upstream versus downstream businesses. For example, a company with a significant downstream business may offset adverse effects on its upstream business due to falling crude prices with benefits to its downstream business.
Market Cap
The average market capitalization across the Integrated Oil Industry is $59.7 billion. Market caps for companies in this group range from $39.8 thousand to $465.2 billion. XOM has the highest valuation in this group at $465.2 billion, while PGAS is the lowest valued company at $39.8 thousand.
High and Low Price Notable News
The average weekly price growth across all stocks in the Integrated Oil Industry was 2.21%. For the same industry, the average monthly price growth was 4.42%, and the average quarterly price growth was 14.16%. BNMV experienced the highest price growth at 55.1%, while POGS saw the biggest fall at -5.71%.
- On 9/2/23 at 1:26 PM, BP (BP, $38.13) was a top weekly gainer, with a +5.48% jump.
- On 8/17/23 at 2:18 PM, Equinor ASA (EQNR, $29.91) was a top loser for the week, declining -5.43%.
- On 7/25/23 at 7:12 AM, Chevron (CVX, $161.82) was a top weekly gainer, with a +5.46% jump.
Volume
The average weekly volume growth across all stocks in the Integrated Oil Industry was 43.23%. For the same stocks in the industry, the average monthly volume growth was 16.86%, while the average quarterly volume growth was -33.6%.
- On 3/15/23 at 7:07 AM, the volume for Equinor ASA stock increased for four consecutive days, resulting in a record-breaking daily growth of 67% of the 65-Day Volume Moving Average.
Fundamental Analysis Ratings
The average fundamental analysis ratings, on a scale where 1 is best and 100 is worst, are as follows:
- Valuation Rating: 55
- P/E Growth Rating: 54
- Price Growth Rating: 48
- SMR Rating: 44
- Profit Risk Rating: 76
- Seasonality Score: 15 (-100 ... +100)
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XOM's Stochastic Oscillator: XOM's Stochastic Oscillator has remained in the overbought zone for 11 consecutive days. The longer it stays in this zone, the more likely a price pullback is expected. Current price: $116.72, trading between $119.80 resistance and $96.37 support lines. During the month of 08/15/23 - 09/15/23, the price experienced an 8% uptrend. In the week of 09/08/23 - 09/15/23, the stock enjoyed a 0.94% uptrend growth.
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CVX's Momentum Indicator: CVX's Momentum Indicator turned positive on August 29, 2023, suggesting a potential new upward trend. Tickeron's A.I. advisor found that in 51 out of 77 similar instances, the stock moved higher following this signal, indicating a 66% chance of an upward move. Current price: $166.49, trading between $200.73 support and $158.39 support lines. During the month of 08/15/23 - 09/15/23, the price experienced a 6% uptrend. However, the week of 09/08/23 - 09/15/23 showed a -0.43% downtrend.
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SHEL's Momentum Indicator: SHEL's Momentum Indicator also turned positive on August 29, 2023, suggesting a potential new upward trend. In 23 out of 31 similar instances, the stock moved higher following this signal, indicating a 74% chance of an upward move. Current price: $64.64, trading between $69.28 support and $58.91 resistance lines. During the month of 08/15/23 - 09/15/23, the price experienced a 6% uptrend. In the week of 09/08/23 - 09/15/23, the stock enjoyed a 2% uptrend growth.
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TTE's RSI Indicator: TTE's RSI Indicator has been in the overbought zone for 4 days, signaling a potential price pullback. Current price: $65.30, trading between $65.64 resistance and $63.00 resistance lines. During the month of 08/15/23 - 09/15/23, the price experienced an 8% uptrend. In the week of 09/08/23 - 09/15/23, the stock enjoyed a 3% uptrend growth.
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BP's Moving Averages: BP's 50-day Moving Average crossed bullishly above its 200-day moving average on August 24, 2023, indicating a potential long-term bullish signal and a shift to an upward trend. Current price: $38.76, trading between $41.39 support and $33.89 resistance lines. During the month of 08/15/23 - 09/15/23, the price experienced a 7% uptrend. In the week of 09/08/23 - 09/15/23, the stock enjoyed a 0.21% uptrend growth.
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EQNR's RSI Indicator: EQNR's 10-day RSI Oscillator moved out of overbought territory on September 15, 2023, potentially signaling a shift from an upward trend to a downward trend. Tickeron's A.I. advisor found that in 28 out of 39 similar instances, the stock moved lower following this signal, indicating a 72% chance of a downward move. Current price: $32.72, trading between $34.49 resistance and $31.04 support lines. During the month of 08/15/23 - 09/15/23, the price experienced a 7% uptrend. In the week of 09/08/23 - 09/15/23, the stock enjoyed a 1% uptrend growth.
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PBR's Uptrend: PBR has been in a 0.95% uptrend, growing for three consecutive days as of September 12, 2023. This is considered a bullish sign, with historical data showing that in 275 out of 339 cases, the price rose further within the following month. Current price: $15.20, above the highest resistance line found by A.I. During the month of 08/15/23 - 09/15/23, the price experienced a 17% uptrend. In the week of 09/08/23 - 09/15/23, the stock enjoyed a 4% uptrend growth.
XOM's Indicator enters downward trend
The Aroon Indicator for XOM entered a downward trend on December 24, 2024. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 176 similar instances where the Aroon Indicator formed such a pattern. In of the 176 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 26, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on XOM as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for XOM turned negative on November 26, 2024. 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 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
XOM moved below its 50-day moving average on November 26, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for XOM crossed bearishly below the 50-day moving average on December 04, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XOM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 12 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.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 18 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 upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .
XOM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent 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.
The Tickeron SMR rating for this company is (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 (best 1 - 100 worst), indicating steady price growth. XOM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued 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: XOM's P/B Ratio (2.267) is slightly higher than the industry average of (1.194). P/E Ratio (13.160) is within average values for comparable stocks, (24.146). Projected Growth (PEG Ratio) (6.848) is also within normal values, averaging (4.841). Dividend Yield (0.032) settles around the average of (0.111) among similar stocks. P/S Ratio (1.416) is also within normal values, averaging (0.975).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil