Oil and Gas Short Interest Turns to Pipelines, Refiners (BHI, BP, CHK, CVX, COP, EPD, XOM, KMI, NOV, PSX, SLB, RIG, VLO)

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We have tracked the key short interest changes as of February 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK), Chevron Corp. (NYSE: CVX), ConocoPhillips (NYSE: COP), Enterprise Products Partners L.P. (NYSE: EPD), Exxon Mobil Corp. (NYSE: XOM), Kinder Morgan Inc. (NYSE: KMI), National Oilwell Varco Inc. (NYSE: NOV), Phillips 66 (NYSE: PSX), Schlumberger Ltd. (NYSE: SLB), Transocean Ltd. (NYSE: RIG) and Valero Energy Corp. (NYSE: VLO).

Baker Hughes Inc. (NYSE: BHI) saw short interest fall by 0.4% to 11.95 million shares, which is 2.7% of the company's total float.

BP PLC (NYSE: BP) short interest rise by 11.1% to 8 million shares, or 0.3% of the company's float.

Chesapeake Energy Corp. (NYSE: CHK) saw an 11% rise in short interest to 85.63 million shares, which represents about 13.1% of the firm's float.

Chevron Corp. (NYSE: CVX) short interest fell by 6.1% to 16.66 million shares, or 0.9% of the company's float.

ConocoPhillips (NYSE: COP) saw a 26% rise in short interest to 22.75 million shares, which represents 2% of the firm's float.

Enterprise Products Partners L.P. (NYSE: EPD) saw short interest fall by 60.8% to 1.09 million shares, 0.2% of the company's total float.

Exxon Mobil Corp. (NYSE: XOM) short interest rose 10.9% to 35.97 million shares, 0.8% of the company's total float.

Kinder Morgan Inc. (NYSE: KMI) short interest increased 34.8% to 10.99 million shares, which represents 3.2% of the company's float.

National Oilwell Varco Inc. (NYSE: NOV) saw short interest fall by 1.1% to 4.27 million shares, about 1% of the company's total float.

Phillips 66 (NYSE: PSX) saw a 6.5% rise in short interest to 8.63 million shares, which represents 1.4% of the firm's float.

Schlumberger Ltd. (NYSE: SLB) short interest fell by 5.1% to 12.25 million shares. That is 0.9% of the company's float.

Transocean Ltd. (NYSE: RIG) saw a 10.6% decrease in short interest to 3.71 million shares, which represents 1.1% of the firm's float.

Valero Energy Corp. (NYSE: VLO) saw a 19.2% drop in short interest to 15.08 million shares, which represents 2.7% of the firm's float.

Short interest in BP changed direction during these two weeks, and climbed again as the company went to trial on civil charges related to the Gulf of Mexico spill in 2010. The pipeline MLPs got mixed attention from shorts, and services companies generally saw short interest fall. Refiners were also mixed, but Valero's strong earnings report cooled short interest in the stock.


Filed under: 24/7 Wall St. Wire, Oil & Gas, Short Interest Tagged: BHI, BP, CHK, COP, CVX, EPD, KMI, NOV, PSX, RIG, SLB, VLO, XOM

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