COVID-19: The Reaction of US Oil and Gas Producers to the Pandemic

By B. N. Iyke. 2020

198 citations recorded by the source corpus.

In this paper, we examine the reaction of US oil and gas producers to the COVID-19 pandemic. We find that firms react to COVID-19 heterogeneously. The pandemic significantly explains 28% of returns and 27% of return volatility. These findings are qualitatively consistent when using competing COVID-19 indicators.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/7333bbe5d6f04e6a3fad03b803e9718c4c78f841

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Citations in the corpus

COVID-19 lockdowns, stimulus packages, travel bans, and stock returns (2020, unknown): “…Narayan, Dinh Hoang Bach Phan and Guangqiang Liu, Finance Research Letters, https://doi.org/10.1016/j.frl.2020.101732 Devpura and Narayan, 2020; Iyke, 2020a; Qin et al., 2020; Huang and Zheng, 2020; Prabheesh et al. 2020 and Liu et al., 2020); stock market (see Lyócsa et al., 2020; Lyócsa and…”
COVID–19’s Impact on Stock Prices Across Different Sectors—An Event Study Based on the Chinese Stock Market (2020, background): “However, there is limited industry-level research on the effect of COVID-19 on stock prices in the existing literature, and there are industry limitations on the economic level of COVID-19 (Iyke 2020b; Reilly 2020; Saadat, Rawtani, and Hussain 2020).”
A Note on the Asian Market Volatility During the COVID-19 Pandemic (2020, unknown): “…global economies; see, for instance, Mishra et al. (2020), Salisu & Akanni (2020), Chen et al. (2020), Wang et al. (2020), Yue et al. (2020), Yu et al. (2020), Xiong et al. (2020), Shen et al. (2020), Gu et al. (2020), Haroon & Rizvi (2020), Iyke (2020), He et al. (2020), and Liu et al. (2020).”
COVID-19 and the Oil Price – Stock Market Nexus: Evidence From Net Oil-Importing Countries (2020, background): “…contribution to this literature is that we add to Other recent studies related to COVID-19 and its impact on various economic factors include Chen et al. (2020), He et al. (2020), Iyke (2020b), D. Liu et al. (2020), Phan & Narayan (2020), Salisu & Akanni (2020), and Yue et al. (2020), among others.”
Accounting Index of COVID-19 Impact on Chinese Industries: A Case Study Using Big Data Portrait Analysis (2020, background): “Iyke (2020a, 2020b)) demonstrated that COVID-19 can explain exchange rate and stock return and volatility.”
The Impact of the COVID-19 Pandemic on Firm Performance (2020, background): “At the firm-level, the COVID-19 outbreak may affect the stock market (Iyke 2020a; Liu, Wang, and Lee 2020; Narayan and Phan 2020), firm performance in the energy industry (Fu and Shen 2020) and other aspects (Hagerty and Williams 2020).”
COVID‐19 impact, sustainability performance and firm value: international evidence (2021, unknown): “Although some studies examined market reactions to the influence of COVID-19 on the crude oil and exchange rate return (e.g., Iyke, 2020; Liu et al., 2020a, 2020b; Phan and Narayan, 2020), no © 2021 Accounting and Finance Association of Australia and New Zealand study has yet examined the acute…”
Did Bubble Activity Intensify During COVID-19? (2020, background): “…& Narayan, 2020; Ertuğrul et al., 2020; Fu & Shen, 2020; Gil-Alana & Monge, 2020; Gu et al., 2020; Haroon & Rizvi, 2020a, 2020b; Huang & Zheng, 2020; Iyke, 2020a, 2020b; Liu et al., 2020; Narayan, 2020; Qin et al., 2020; A. Salisu & Adediran, 2020; A.A. Salisu et al., 2020; Afees A. Salisu & Vo,…”