Table 1 Descriptive statistics of oil and gas company stock returns
From: Brent prices and oil stock behaviors: evidence from Nigerian listed oil stocks
| Â | Beco Plc | Conoil Plc | Eterna Plc | Forte Plc | Mobil Plc | MRS Plc | Oando Plc | Total Plc |
|---|---|---|---|---|---|---|---|---|
Mean | −0.00161 | −0.00028 | −5.32E-08 | 0.000814 | −0.00006 | − 0.00057 | 0.000479 | − 0.00013 |
Median | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
Maximum | 0.2877 | 0.5839 | 1.1787 | 0.9051 | 0.5274 | 0.6493 | 3.1822 | 0.3738 |
Minimum | −0.6931 | −0.5839 | −1.0986 | −0.9051 | − 0.4827 | −0.6493 | −2.9957 | − 0.3738 |
Std. Dev. | 0.034433 | 0.039534 | 0.152728 | 0.073422 | 0.03464 | 0.042814 | 0.896986 | 0.028415 |
Skewness | −14.2237 | 0.114235 | 0.233937 | 0.292479 | −0.49603 | 0.145317 | 0.043657 | 0.557994 |
Kurtosis | 280.9551 | 60.66494 | 31.81856 | 78.39369 | 77.61097 | 74.80754 | 4.946315 | 58.66135 |
Jarque-Bera | 2,221,693 | 266,439.5 | 65,073.7 | 453,579.8 | 444,030.6 | 390,168.1 | 306.3501 | 248,212.8 |
Probability | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 | 0.000 |