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NEW YORK (TheStreet) -- American Airlines Group (AAL) stock is falling by 0.51% to $41.17 on Thursday, as oil prices gained on the bullish Energy Information Administration (EIA) report, released yesterday.

Last week, U.S. crude stockpiles increased by 2.3 million barrels to a total of 534.8 million barrels. This was below Wall Street's expectations of a 3.3 million-barrel build.

Also pushing up oil today was the weaker dollar, but crude futures were being capped by the persisting oversupply concerns, Reuters reports.

Crude oil (WTI) is rising by 0.05% to $38.34 per barrel and Brent crude is advancing by 0.79% to $39.57 per barrel. 

Higher oil usually puts pressure on airlines as it impacts their savings on jet fuel. 

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Based in Fort Worth, American Airlines operates in the airline industry.

Separately, TheStreet Ratings currently has a "Buy" rating on the stock with a letter grade of B-.

The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, expanding profit margins, compelling growth in net income and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles' author.

You can view the full analysis from the report here: AAL

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