Crude, Oil Stocks on Watch as Data May Show Storage Continues to Balloon (USO) (XOM) (CVX)

September 1, 2015 5:12 PM EDT

WTI and related stocks were on watch ahead of the release of EIA data storage data tomorrow at 10:30 a.m. Crude sold-off after-hours following the release of API data that showed a fairly large build and 7.6 million barrels.

At 450.8 million barrels, U.S. crude oil inventories remain near levels not seen for this time of year in at least the last 80 years, said last week's EIA report. An EIA report in-line with API data is seen as negative for WTI and related equities.

Related tickers including:

Apache Corp. (NYSE: APA)
Anadarko Petroleum (NYSE: APC)
Chesapeake Energy (NYSE: CHK)
Continental Resources (NYSE: CLR)
Cabot Oil & Gas (NYSE: COG)
Conocophillips (NYSE: COP)
California Resources (NYSE: CRC)
Chevron (NYSE: CVX)
Concho Resources (NYSE: CXO)
Devon Energy (NYSE: DVN)
EOG Resources (NYSE: EOG)
EP Energy Corp. (NYSE: EPE)
Hess Corp. (NYSE: HES)
Laredo Petroleum (NYSE: LPI)
Marathon Oil (NYSE: MRO)
Noble Energy (NYSE: NBL)
Oasis Petroleum (NYSE: OAS)
Occidental Petroleum (NYSE: OXY)
Pioneer Natural Resources (NYSE: PXD)
Rosetta Resources (NASDAQ: ROSE)
Range Resources (NYSE: RRC)
Southwestern Energy (NYSE: SWN)
Whiting Petroleum (NYSE: WLL)
Cimarex Energy Co (NYSE: XEC)
ExxonMobil (NYSE: XOM)

Services Stocks Include:

Baker Hughes (NYSE: BHI)
Halliburton (NYSE: HAL)
Schlumberger Ltd. (NYSE: SLB)
Weatherford Intl., Ltd. (NYSE: WFT)
Cameron International Corp. (NYSE: CAM)
FMC Technologies (NYSE: FTI)
National Oilwell Varco Inc. (NYSE: NOV).

Related offshore drilling stocks include:

Atwood Oceanics (NYSE: ATW)
Diamond Offshore Drilling (NYSE: DO)
Ensco plc (NYSE: ESV)
Hercules Offshore (NASDAQ: HERO)
Noble Corp (NYSE: NE)
Pacific Drilling S.A. (NYSE: PACD)
Paragon Offshore (NYSE: PGN)
Rowan Cos. (NYSE: RDC)
Seadrill Ltd. (NYSE: SDRL)
Transocean (NYSE: RIG).

Land drilling stocks include:

Basic Energy Services (NYSE: BAS)
C&J Energy Services (NYSE: CJES)
Patterson-UTI Energy (NASDAQ: PTEN)
Pioneer Energy Services Corp. (NYSE: PES).

ETF include:

United States Oil Fund (NYSE: USO) and iPath Dow Jones-Goldman Sachs Crude Oil Fund (NYSE: OIL).

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