Keisha Bandz

Approximately 67% of the analysts covering Cabot Oil & Gas (COG) rate the stock a “buy.” The remaining 33.0% rate COG as a “hold.”

Cabot Oil & Gas has provided third-quarter production guidance of 2.1 billion–2.2 billion cubic feet per day.

Cabot Oil & Gas (COG) stock fell 7.7% after its Q2 earnings. Although COG missed its earnings estimates, it beat its revenue estimates.

Chesapeake Energy (CHK) reported its second-quarter earnings today. The company reported revenue of ~$2.25 billion, narrowly missing analysts’ estimates.

For EQT (EQT), ~61% of the analysts rated the stock as a “buy,” while 39% rated it as a “hold.”

Following EQT’s (EQT) second-quarter earnings release on July 26, its stock fell ~2%. EQT missed the revenue and earnings estimates.

Approximately 52% of analysts covering Hess (HES) recommend “hold,” ~43% recommend “buy,” and 5% rate it as “underperform.”

The current implied volatility for Continental Resources (CLR) stock is ~39.46%, which is 0.81% higher than its 15-day average of ~39.14%.

Continental Resources (CLR) stock has been on a consistent uptrend since the beginning of 2018. The stock has risen 12.6% year-to-date.

Year-over-year, NBL stock has risen ~22.7%, while crude oil prices have surged 46.5% in the same period.

Noble Energy (NBL) plans to report its Q2 2018 earnings on August 3. The company’s Q2 revenue estimate stands at $1.13 billion.

On July 20, short interest as a percentage of float in Oasis Petroleum (OAS) stock (its short interest ratio) was ~13.01%.

Oasis Petroleum (OAS) stock’s current implied volatility is ~ 50.22%, which is ~2.08% higher than its 15-day average of 49.19%.

Approximately 69% of the analysts surveying Oasis Petroleum (OAS) have rated it as a “buy,” and the remaining 31% have rated it as a “hold.”

Whiting Petroleum’s (WLL) short interest ratio (short interest as a percentage of float) is currently higher than it was a year ago, standing at ~13.34% in comparison to ~4.95%.

Of the analysts covering Whiting Petroleum (WLL) stock, 36.4% recommend “buy,” 45.5% recommend “hold,” and 12% have rated it as “underperform.”

On June 11, Argus upgraded Apache stock from “hold” to “buy.” On March 7, UBS initiated coverage on Apache stock with a “sell” rating.

The current implied volatility in Apache’s stock (APA) is ~37.79%. In comparison, the Energy Select Sector SPDR ETF (XLE) has an implied volatility of 17.8%.

Apache (APA) stock hasn’t risen as much as its peers this year. On a YoY (year-over-year) basis, Apache stock has declined 6.85%.

Approximately 69% of the analysts covering Oasis Petroleum (OAS) have rated it as a “buy,” and the remaining 31% have rated it as a “hold.”

Oasis Petroleum (OAS) stock has a current implied volatility of ~50.2%, which is ~1.95% higher than its 15-day average of 49.26%.

Oasis Petroleum (OAS) is expected to release its second-quarter earnings on August 1.

As of July 11, short interest as a percentage of float (the short interest ratio) in Cabot Oil and Gas’s (COG) stock was ~4.92%.

Approximately 66.7% of analysts rate Cabot Oil & Gas (COG) a “buy.” The rest of the 33.3% rated COG a “hold.” The average broker target price of $28.05 for the company implies a return of ~20.67% in the next 12 months.

The increasing growth in natural gas production from the Marcellus is constrained right now by the lack of available takeaway pipeline capacity to move it to new markets.

Cabot Oil & Gas (COG) plans to release its second-quarter earnings on July 27. Revenue estimates stand at ~$384.96 million.

Hess Corporation (HES) stock has mostly been on an uptrend since the beginning of this year.

The current implied volatility in Whiting Petroleum (WLL) is ~55.9%, which is 0.53% lower than its 15-day average of 56.19%.

Cabot Oil & Gas’s (COG) current implied volatility is ~36%, 8.16% higher than its 15-day average of 33.31%.

Approximately 66.66% of analysts covering Cabot Oil & Gas (COG) recommend “buy,” and 33.33% recommend “hold.”

Cabot Oil & Gas’s (COG) EV[1.enterprise value]-to-adjusted EBITDA ratio was ~11.57x in the first quarter.

Anadarko Petroleum’s capex has mainly been showing an increasing trend since the first quarter of 2016. The free cash flow has been negative.

Approximately 36.4% of Wall Street analysts rated Whiting Petroleum (WLL) a “buy” while 45.5% analysts rated it a “hold.”

The current implied volatility for Chesapeake Energy stock (CHK) is ~60%, ~3.3% higher than its 15-day average of 58%.

Cabot Oil & Gas’s EUR per 1,000 feet of lateral is 4.4 Bcfe—compared to the peer average of 2.17 Bcfe per 1,000 feet of lateral.

From 2018 to 2020, Cabot Oil & Gas (COG) expects to see a compound annual growth rate of 17%–21% in its production volumes.

Unlike its oil-weighted peers, Cabot Oil & Gas (COG) hasn’t risen much this year. The natural gas–weighted company’s stock has declined 4.5% YoY.

Chesapeake Energy’s (CHK) net debt-to-adjusted EBITDA multiple in the first quarter was ~4.1x.

For 2018, Anadarko Petroleum (APC) provided a production forecast of 658 Mboed–685 Mboed or 671.5 at the mid-point. APC’s production volumes in 2017 were 672 Mboed.

According to Anadarko Petroleum (APC), the company’s Delaware Basin position is three times the size of its contiguous core DJ Basin footprint and holds 8,500 feet of stacked oil potential.

Anadarko Petroleum’s (APC) DJ Basin upstream operations are to receive $1 billion–$1.5 billion in capex this year. Per Anadarko Petroleum management, free cash flow from the region is expected to surpass $1 billion.

Anadarko Petroleum (APC) stock has been surging since the beginning of this year, mirroring crude oil prices (UCO).

The current implied volatility in Apache’s stock (APA) is ~33.4%.

Apache stock (APA) has fallen 6.6% year-over-year driven by lackluster first-quarter earnings and increasing price differentials in the Permian.

Earlier this month, the White House made good on its threats and announced tariffs on Chinese goods worth $50 billion, including steel and aluminum.

Chesapeake Energy will continue to focus on its natural gas assets. However, the company won’t lose sight of the value it expects to see from its oil assets.

Chesapeake Energy’s adjusted EPS in the first quarter was $0.34—higher than Wall Street analysts’ consensus EPS estimate of $0.27.

Whiting Petroleum’s well completion costs are expected to fall 25% from $9.1 billion in 2014 to $6.8 billion at the midpoint in 2018.

In the first quarter, Whiting Petroleum’s (WLL) total production volume was ~127.1 Mboepd.

Whiting Petroleum’s (WLL) 2018 capital expenditure forecast is $750 million, compared to its capex of $912 million in 2017.

Whiting Petroleum (WLL) stock has been rallying since the start of this year, rising ~79.0% year-to-date.

About 76% of the analysts covering Anadarko Petroleum (APC) have rated the stock a “buy,” and 21% have rated it a “hold.”

Oasis Petroleum (OAS) stock’s implied volatility is ~45%, ~3% lower than its 15-day average of ~46.3%.

Oasis Petroleum (OAS) stock rose significantly in the run-up to the company’s Q1 2018 earnings release in early May, which didn’t disappoint.

Amid concerns over Permian pipeline takeaway capacity, several pipeline projects have been announced or have come online recently to accommodate rising Permian production.

The Midland-WTI crude oil price differential and the Waha–Henry Hub natural gas price basis differential have widened since the beginning of 2018.

The Permian Basin has developed into one of the most active drilling regions in the United States.

According to the EIA (U.S. Energy Information Administration), US tight oil production has increased in part due to the increasing productivity of new wells.

According to the EIA (U.S. Energy Information Administration), recent growth in US crude oil production has been driven primarily by light, sweet crude oil.

On June 11, Whiting Petroleum’s (WLL) short interest ratio (short interest as a percentage of float) was ~16%.

Approximately 36.4% of Wall Street analysts have rated Whiting Petroleum (WLL) as a “buy,” while 45.5% of analysts have rated it as a “hold.”

Current implied volatility in Whiting Petroleum (WLL) is ~49.9%, 0.20% higher than its 15-day average of 49.8%.

Whiting Petroleum stock has been surging, rising ~2.8% in the five trading sessions leading up to June 11.

The current implied volatility for Chesapeake Energy stock (CHK) is ~64%, 6.2% lower than its 15-day average of 68%.

Let’s take a look at EQT Corporation’s (EQT) capex and free cash flow trends.

Pipeline projects under construction that cater to Northeastern US natural gas producers include Energy Transfer Partners’ (ETP) Rover Pipeline Project.

With the expansion of regional pipeline capacity, Pennsylvania has seen an increase in permitting and drilling activity.

According to the EIA, near-term production growth will be supported by a growing demand in a low, stable natural gas price environment.

Short interest in WLL jumped in November 2017 after the company announced its one-for-four reverse stock split decision.

Approximately 36.4% of Wall Street analysts rated Whiting Petroleum (WLL) as a “buy,” and 45.5% of analysts rated it as a “hold.”

Of the analysts covering Chesapeake Energy (CHK), ~65.5% recommend “hold,” ~10.3% recommend “buy,” and 17.2% rate it as “underperform.”

Chesapeake Energy (CHK) stock’s implied volatility is ~71%.

Key factors have been supporting CHK stock recently, including rising oil prices, strong earnings, higher production, and the company paying down its debt.

CHK fell ~18% year-over-year, while XLE rose 14.3% year-over-year.

COP stock has been mirroring movements in crude oil prices with a rise of ~48% year-over-year.

ConocoPhillips (COP) reported production of 1,269 thousand barrels of oil equivalent per day (or Mboed) in the first quarter.

As of the first quarter, Sandridge Energy’s (SD) EV-to-adjusted EBITDA ratio was ~2.77x. The company has a market capitalization of $529.83 million.

Tellurian stock has risen 25.4% YoY (year-over-year), Energen stock has risen 25.3% YoY, and Centennial stock has risen 24% YoY.

Ring Energy’s leverage ratio as of the first quarter was ~1.09x. The company’s assets are mainly financed by equity.

SRC Energy (SRCI) was clearly the outperformer among its peers. SRC Energy has risen 78% YoY (year-over-year).

In the first quarter, Concho Resources (CXO) reported operating margins of ~108%—compared to 173% in the first quarter of 2017.

Penn Virginia has risen ~48.2% YoY. EOG Resources and Diamondback Energy have increased ~37% and 33.8%, respectively, during the same period.

ConocoPhillips (COP) was the outlier among its peers. ConocoPhillips has risen ~50.6% YoY, while Occidental Petroleum has risen ~42% YoY.

The current implied volatility for Chesapeake Energy (CHK) stock is ~69.2%. The stock could close between $4.17 and $5.00 in the next seven days.

Approximately 36.4% of Wall Street analysts rated Whiting Petroleum (WLL) as a “buy,” and 45.5% analysts rated it as a “hold.”

Current implied volatility in Whiting Petroleum (WLL) is ~44.9%.

Chesapeake Energy (CHK) stock increased 18.5% in the week ending May 15. The stock was supported by higher crude oil prices (DBO) (UCO).

In February, EP Energy (EPE) announced that it had closed the acquisition of Carrizo Oil & Gas’s (CRZO) Eagle Ford assets.

On March 1, Penn Virginia Corporation completed the acquisition of Eagle Ford assets located primarily in Gonzales and Lavaca Counties.

In March, TPG Pace Energy Holdings agreed to acquire oil and gas assets from EnerVest within its South Texas division for ~$2.7 billion.

On April 4, SM Energy (SM) announced the sale of its noncore assets worth $292.3 million.

The U.S. Energy Information Administration has forecast that US crude oil production will average 10.7 million barrels per day this year.

Chesapeake Energy stock’s (CHK) implied volatility is ~51.8%.

Chesapeake Energy (CHK) stock rose 5% in the week ended May 8, buoyed by higher crude oil prices (DBO) (UCO).

The current implied volatility in Oasis Petroleum’s (OAS) stock is 47.23%. That’s ~12.4% lower than its 15-day average of ~54%.

Approximately 68.8% of analysts rated Oasis Petroleum (OAS) a “buy,” and around 31.3% rated it a “hold.”

The current implied volatility in Whiting Petroleum is ~49.3%. The stock will likely close between $43.17 and ~$49.51 in the next seven days.

At the end of 1Q18, Continental Resources had total debt of ~$6.2 billion, which is close to the company’s short-term goal of $6.0 billion.

Following its 1Q18 earnings release after the market closed on May 2, Apache (APA) stock fell ~6%.

Anadarko Petroleum’s average broker target price of $74.23 implies a potential return of ~12.4% for the stock over the next 12 months.