Short Selling Very Mixed In Oil Companies (BHI, CVX, XOM, HES, MRO, SLB, HAL, NOV, RIG, VLO)

Energy

Published: September 25, 2008 7:44 am

As you will see below, there were many key changes to short sales in oil stocks. Some of these would have been expected to have gone up because oil was so weak. But there were many surprising gains as well. Here are the mid-September short sale numbers:

COMPANY (TICKER)                   Sep 15    Aug 29    Change
Baker Hughes Inc. (BHI)             6,133,690 6,061,556    1.19%
Chevron Corporation (CVX)          22,795,662 20,202,281 12.84%
Exxon Mobil Corporation (XOM) 31,416,108 29,473,462 6.59%
Hess Corporation (HES)             4,447,432 4,382,553    1.48%
Marathon Oil Corporation (MRO) 7,261,748 5,969,911    21.64%
Schlumberger N.V. (SLB)          14,953,601 13,375,004 11.80%

COMPANY (TICKER)                   Sep 15    Aug 29    Change
Halliburton Company (HAL)       30,099,107 38,571,133 -21.96%
National Oilwell Varco (NOV)       7,514,971 7,778,930    -3.39%
Transocean Inc (RIG)                13,948,428 14,367,494 -2.92%
Valero Energy Corp. (VLO)       14,846,937 15,028,560 -1.21%

Jon C. Ogg
September 25, 2008

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