Snapshot of energy companies followed by JRCO energy analysts that hit 52-week lows in May
Louisiana-based Johnson Rice & Company’s energy research team put out a table and a stat that makes it pretty clear how investors have been thinking about taking new positions in energy companies in May.

Eighteen of the 46 E&Ps that JRCO follows are at a 52-week low in May 2019. That’s about 40% of the list.

Blue highlighted dates indicate companies that hit 52-week lows in May 2019. Source: Johnson Rice & Company

Oil & Gas 360® spoke with JRCO analyst Scott Brown about today’s wakeup note. “Basically what I was trying to show is, in the month of May, what stocks hit their 52-week low.  What is interesting is that oil is up y...

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