With US stock futures trading lower this morning on Tuesday ahead of earnings reports from several big companies, some of the stocks that may grab investor focus today are as follows:
BP's (NYSE:BP) short percent of float has risen 21.43% since its last report. The company recently reported that it has 10.75 million shares sold short, which is 0.34% of all regular shares that are available for trading.
Someone with a lot of money to spend has taken a bullish stance on BP (NYSE:BP).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Enterprise Products Partners LP (NYSE: EPD) has witnessed upward earnings estimate revisions for 2022 and 2023 in the past 60 days. So far this year, the stock, carrying a Zacks Rank #2 (Buy), has gained 12.2%, outpacing the 9.2% rise of the composite stocks belonging to the industry.
BP's (NYSE:BP) short percent of float has risen 3.7% since its last report. The company recently reported that it has 8.87 million shares sold short, which is 0.28% of all regular shares that are available for trading.
Equinor ASA EQNR entered an agreement to acquire battery storage developer East Point Energy LLC, marking its entry into the U.S. power market through flexible assets.
The agreement backs Equinor's strategy of a clean energy economy and would provide a forum to expand its contributions in the United States.
Someone with a lot of money to spend has taken a bearish stance on BP (NYSE:BP).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.