Latest Posts
About This Stock
More About This Stock
Read
Energy Favorites: Devon And Diamondback

Article By:
MoneyShow.com
Saturday, November 13, 2021 2:45 PM EDT
For those with diversified portfolios, there’s no reason you can’t own a couple of names in the energy group, and some recent earnings reports have revealed ridiculous cash flow outlooks going forward.
WTI Extends Gains After Sizable Crude Inventory Draw, Shrugs Off Unexpected Product Builds
$FANG $XOP $USO OK so we had EXACTLY the right #'s IF you just add the higher gasoline build to ESTIMATES versus the HIGHER crude DRAW to estimates. Basically the ESTIMATES really got it EXACTLY RIGHT! Crude -5.36mm (-3.3mm exp) Cushing +741k Gasoline +2.51mm (-1.1mm exp) Distillates +1.585mm (-1.6mm exp)