Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period

<p>This study points to analyze the determinants of stock return revelation in oil and gas mining division companies recorded on the Indonesia Stock Trade-in 2019-2021 amid the Covid 19 emergency. The think about utilized the Eviews Program as information preparing and the irregular impact rel...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Supriyanto Supriyanto, Mohammad Benny Alexandri, Nenden Kostini, Ratna Meisa Dai
Formato: article
Lenguaje:EN
Publicado: EconJournals 2021
Materias:
Acceso en línea:https://doaj.org/article/120de8118a57468b9a499e9c1668315d
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai:doaj.org-article:120de8118a57468b9a499e9c1668315d
record_format dspace
spelling oai:doaj.org-article:120de8118a57468b9a499e9c1668315d2021-11-12T07:27:32ZImpact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period2146-4553https://doaj.org/article/120de8118a57468b9a499e9c1668315d2021-11-01T00:00:00Zhttps://econjournals.com/index.php/ijeep/article/view/11832https://doaj.org/toc/2146-4553<p>This study points to analyze the determinants of stock return revelation in oil and gas mining division companies recorded on the Indonesia Stock Trade-in 2019-2021 amid the Covid 19 emergency. The think about utilized the Eviews Program as information preparing and the irregular impact relapse show was chosen to look at the relationship between outside and inside markers as autonomous factors counting Current Ratio (CR), debt to equity ratio (DER), total asset turnover (TATO), return on assets (ROA), oil price (WTI), an exchange rate (FOREX), institutional ownership (IO). The comes about appeared that the current proportion, obligation to value ratio and add up to resource turnover did not influence stock returns. Return on resources, exchange rates, and institutional ownership have a negative and significant impact on stock returns, while oil prices have a positive and widespread effect on stock returns.</p><p><strong>Keywords: </strong>Oil Price, Stock Return, Probability, Institutional Ownership, Covid-19</p><p><strong>JEL Classifications: </strong>E22, E44, G11, O42, Q47</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11832">https://doi.org/10.32479/ijeep.11832</a></p>Supriyanto SupriyantoMohammad Benny AlexandriNenden KostiniRatna Meisa DaiEconJournalsarticleEnvironmental sciencesGE1-350Energy industries. Energy policy. Fuel tradeHD9502-9502.5ENInternational Journal of Energy Economics and Policy, Vol 11, Iss 6, Pp 471-478 (2021)
institution DOAJ
collection DOAJ
language EN
topic Environmental sciences
GE1-350
Energy industries. Energy policy. Fuel trade
HD9502-9502.5
spellingShingle Environmental sciences
GE1-350
Energy industries. Energy policy. Fuel trade
HD9502-9502.5
Supriyanto Supriyanto
Mohammad Benny Alexandri
Nenden Kostini
Ratna Meisa Dai
Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period
description <p>This study points to analyze the determinants of stock return revelation in oil and gas mining division companies recorded on the Indonesia Stock Trade-in 2019-2021 amid the Covid 19 emergency. The think about utilized the Eviews Program as information preparing and the irregular impact relapse show was chosen to look at the relationship between outside and inside markers as autonomous factors counting Current Ratio (CR), debt to equity ratio (DER), total asset turnover (TATO), return on assets (ROA), oil price (WTI), an exchange rate (FOREX), institutional ownership (IO). The comes about appeared that the current proportion, obligation to value ratio and add up to resource turnover did not influence stock returns. Return on resources, exchange rates, and institutional ownership have a negative and significant impact on stock returns, while oil prices have a positive and widespread effect on stock returns.</p><p><strong>Keywords: </strong>Oil Price, Stock Return, Probability, Institutional Ownership, Covid-19</p><p><strong>JEL Classifications: </strong>E22, E44, G11, O42, Q47</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.11832">https://doi.org/10.32479/ijeep.11832</a></p>
format article
author Supriyanto Supriyanto
Mohammad Benny Alexandri
Nenden Kostini
Ratna Meisa Dai
author_facet Supriyanto Supriyanto
Mohammad Benny Alexandri
Nenden Kostini
Ratna Meisa Dai
author_sort Supriyanto Supriyanto
title Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period
title_short Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period
title_full Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period
title_fullStr Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period
title_full_unstemmed Impact of Oil Prices and Stock Returns: Evidence of Oil and Gas Mining Companies in Indonesia During the Covid-19 Period
title_sort impact of oil prices and stock returns: evidence of oil and gas mining companies in indonesia during the covid-19 period
publisher EconJournals
publishDate 2021
url https://doaj.org/article/120de8118a57468b9a499e9c1668315d
work_keys_str_mv AT supriyantosupriyanto impactofoilpricesandstockreturnsevidenceofoilandgasminingcompaniesinindonesiaduringthecovid19period
AT mohammadbennyalexandri impactofoilpricesandstockreturnsevidenceofoilandgasminingcompaniesinindonesiaduringthecovid19period
AT nendenkostini impactofoilpricesandstockreturnsevidenceofoilandgasminingcompaniesinindonesiaduringthecovid19period
AT ratnameisadai impactofoilpricesandstockreturnsevidenceofoilandgasminingcompaniesinindonesiaduringthecovid19period
_version_ 1718431093514829824