10 Global Oil Stocks Seeing Changes in Short Interest

The price of oil has been trending higher over the past few months, with winners and losers amongst the oil stocks. The average oil stock short base has risen slightly over this period, and stands at about 1%. Borrowing fees have also been increasing although this has been concentrated in a few key stocks.

In this note we show the short base for 18 oil companies around the globe, focusing on those which have seen significant short activity. Stocks with an increasing trend in short base include BP (BP), Marathon (MRO), Delta (DPTR) and China North East (NEP). There have been sharp drops in Exxon (XOM), Imperial (IMO), Conoco (COP), Suncor (SU), Apco (APAGF) and Enterra (ENT).

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Comments

[Mark Bern:]

Cetin - I think you have finally found the right handle: zuckface suits you!

Aug 20 06:51 PM

[drone:]

Not funny or even amusing, disgusting really.


On Aug 20 06:51 PM Mark Bern wrote:

> Cetin - I think you have finally found the right handle: zuckface
> suits you!

Aug 21 03:52 AM

[Old Trader:]

I wouldn't be surprised to see an uptick in acquisitions of junior E/Ps in Canada by the Chinese. China certainly has the wherewithal to swing some deals, and the Canadians don't seem as "touchy" about foreign acquisitors as the US, for example.

Aug 21 05:04 PM

[Jonathan Ch...:]

The Chinese have the better part of a Trillion in a depreciating asset (dollars). They are in a panic to trade those dollars for appreciating assets ( natural resources and pipelines) everywhere. Don't be surprised at any reasonably sized purchases anywhere in the world, but ENT is probably a bit too small.

Sep 16 08:38 PM