Several gas and oil companies are trading lower possibly due to a drop in the price of crude.
Portfolio Pulse from Benzinga Newsdesk
Several gas and oil companies are trading lower possibly due to a drop in the price of crude.
June 14, 2024 | 6:43 pm
News sentiment analysis
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NEGATIVE IMPACT
Antero Resources (AR) is trading lower, likely due to a drop in crude oil prices.
As a gas and oil company, Antero Resources is directly affected by changes in crude oil prices. A drop in crude prices typically leads to lower trading levels for such companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
DTI is trading lower, likely due to a drop in crude oil prices.
As a gas and oil company, DTI is directly affected by changes in crude oil prices. A drop in crude prices typically leads to lower trading levels for such companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Frontline Ltd. (FRO) is trading lower, likely due to a drop in crude oil prices.
As a gas and oil company, Frontline Ltd. is directly affected by changes in crude oil prices. A drop in crude prices typically leads to lower trading levels for such companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Halliburton (HAL) is trading lower, likely due to a drop in crude oil prices.
As a gas and oil company, Halliburton is directly affected by changes in crude oil prices. A drop in crude prices typically leads to lower trading levels for such companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Kosmos Energy (KOS) is trading lower, likely due to a drop in crude oil prices.
As a gas and oil company, Kosmos Energy is directly affected by changes in crude oil prices. A drop in crude prices typically leads to lower trading levels for such companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Liberty Oilfield Services (LBRT) is trading lower, likely due to a drop in crude oil prices.
As a gas and oil company, Liberty Oilfield Services is directly affected by changes in crude oil prices. A drop in crude prices typically leads to lower trading levels for such companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
TotalEnergies (TTE) is trading lower, likely due to a drop in crude oil prices.
As a gas and oil company, TotalEnergies is directly affected by changes in crude oil prices. A drop in crude prices typically leads to lower trading levels for such companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Cactus, Inc. (WHD) is trading lower, likely due to a drop in crude oil prices.
As a gas and oil company, Cactus, Inc. is directly affected by changes in crude oil prices. A drop in crude prices typically leads to lower trading levels for such companies.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80