Keisha Bandz
Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
More From Keisha Bandz
About 67% of Analysts Rate Cabot Oil & Gas Stock as a ‘Buy’
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’s Q2 2018 Production Highlights: Forecasts for 2018
Cabot Oil & Gas has provided third-quarter production guidance of 2.1 billion–2.2 billion cubic feet per day.
Cabot Oil & Gas Stock Down ~8% after Q2 2018 Earnings
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’s Q2 2018 Results: Must-Knows
Chesapeake Energy (CHK) reported its second-quarter earnings today. The company reported revenue of ~$2.25 billion, narrowly missing analysts’ estimates.
EQT: Analysts’ Recommendations for the Stock
For EQT (EQT), ~61% of the analysts rated the stock as a “buy,” while 39% rated it as a “hold.”
EQT Stock Fell after Its Second-Quarter Earnings
Following EQT’s (EQT) second-quarter earnings release on July 26, its stock fell ~2%. EQT missed the revenue and earnings estimates.
What Analysts Recommend for Hess Stock
Approximately 52% of analysts covering Hess (HES) recommend “hold,” ~43% recommend “buy,” and 5% rate it as “underperform.”
Continental Resources’ Stock Range before Its Earnings
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%.
Analyzing Continental Resources’ Stock Performance
Continental Resources (CLR) stock has been on a consistent uptrend since the beginning of 2018. The stock has risen 12.6% year-to-date.
How Has Noble Energy Stock Been Performing Recently?
Year-over-year, NBL stock has risen ~22.7%, while crude oil prices have surged 46.5% in the same period.
How Will Noble Energy Fare in Q2 2018?
Noble Energy (NBL) plans to report its Q2 2018 earnings on August 3. The company’s Q2 revenue estimate stands at $1.13 billion.
A Look at the Short Interest Trends in Oasis Petroleum Stock
On July 20, short interest as a percentage of float in Oasis Petroleum (OAS) stock (its short interest ratio) was ~13.01%.
Using Implied Volatility to Forecast Oasis’s Stock Price Range
Oasis Petroleum (OAS) stock’s current implied volatility is ~ 50.22%, which is ~2.08% higher than its 15-day average of 49.19%.
Wall Street’s Recommendations for Oasis Petroleum Stock
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.”
What Are Analysts’ Views on Whiting Petroleum Stock?
Of the analysts covering Whiting Petroleum (WLL) stock, 36.4% recommend “buy,” 45.5% recommend “hold,” and 12% have rated it as “underperform.”
Apache Stock: What Are Analysts’ Recommendations?
On June 11, Argus upgraded Apache stock from “hold” to “buy.” On March 7, UBS initiated coverage on Apache stock with a “sell” rating.
Forecasting Apache’s Stock Price Range
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%.
What Has Been Driving Apache Stock Lately?
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%.
What Analysts Expect for Oasis Stock in the Next 12 Months
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.”
What’s the Forecast for Oasis Stock ahead of Q2 Earnings?
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%.
What to Expect from Oasis Petroleum’s Q2 2018 Earnings
Oasis Petroleum (OAS) is expected to release its second-quarter earnings on August 1.
Short Interest Trends in Chesapeake Energy Stock
As of July 13, short interest as a percentage of float (or short interest ratio) in Chesapeake Energy (CHK) stock was 17.69%.
Cabot Oil and Gas: Recent Short Interest Trends in the Stock
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%.
Cabot Oil & Gas Stock: Wall Street Ratings and Recommendations
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.
COG’s Second-Quarter Revenue to Fall: Impact on Earnings
Cabot Oil & Gas (COG) plans to release its second-quarter earnings on July 27. Revenue estimates stand at ~$384.96 million.
How Has Hess Corporation Stock Performed This Year?
Hess Corporation (HES) stock has mostly been on an uptrend since the beginning of this year.
What’s Whiting’s Stock Price Range Forecast?
The current implied volatility in Whiting Petroleum (WLL) is ~55.9%, which is 0.53% lower than its 15-day average of 56.19%.
Forecasting Cabot Oil & Gas’s Stock Price
Cabot Oil & Gas’s (COG) current implied volatility is ~36%, 8.16% higher than its 15-day average of 33.31%.
Analysts’ Price Targets for Cabot Oil & Gas’s Next 12 Months
Approximately 66.66% of analysts covering Cabot Oil & Gas (COG) recommend “buy,” and 33.33% recommend “hold.”
Cabot Oil & Gas’s Valuation Trends and Forecasts
Cabot Oil & Gas’s (COG) EV[1.enterprise value]-to-adjusted EBITDA ratio was ~11.57x in the first quarter.
Anadarko Petroleum’s Free Cash Flow Forecast
Anadarko Petroleum’s capex has mainly been showing an increasing trend since the first quarter of 2016. The free cash flow has been negative.
Wall Street Analyst Sentiment for Whiting Petroleum Stock
Approximately 36.4% of Wall Street analysts rated Whiting Petroleum (WLL) a “buy” while 45.5% analysts rated it a “hold.”
Forecasting CHK’s Stock Range Forecast Using Implied Volatility
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 Marcellus Position: Differentials and Economics
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.
Cabot Oil & Gas’s Key Strategies and Initiatives for 2018
From 2018 to 2020, Cabot Oil & Gas (COG) expects to see a compound annual growth rate of 17%–21% in its production volumes.
Cabot Oil & Gas’s Recent Stock Performance
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.
Short Interest Trends in Whiting Petroleum Stock
As of June 22, the short interest ratio for Whiting Petroleum (WLL) stock was ~14%. Same time last year, the short interest ratio was ~4.8%.
Why Chesapeake’s Net Debt Fell Last Quarter
Chesapeake Energy’s (CHK) net debt-to-adjusted EBITDA multiple in the first quarter was ~4.1x.
Anadarko Petroleum’s Production Forecast for 2018
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.
Update: Anadarko Petroleum’s Delaware Basin Operations
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.
Key Update: Anadarko Petroleum’s DJ Basin Operations
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.
What’s Apache’s Stock Price Forecast?
The current implied volatility in Apache’s stock (APA) is ~33.4%.
What Could Be Holding Back Apache Stock?
Apache stock (APA) has fallen 6.6% year-over-year driven by lackluster first-quarter earnings and increasing price differentials in the Permian.
How Could Trade Tariffs Affect the US Upstream Sector?
Earlier this month, the White House made good on its threats and announced tariffs on Chinese goods worth $50 billion, including steel and aluminum.
Appalachia and Haynesville Are Chesapeake Energy’s Mainstay
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.
Whiting Petroleum’s Improving Cost and Efficiencies in the Bakken
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.
WLL’s Plans in the Williston Basin for the Rest of 2018
In the first quarter, Whiting Petroleum’s (WLL) total production volume was ~127.1 Mboepd.
Whiting Petroleum’s Capex Plans for 2018
Whiting Petroleum’s (WLL) 2018 capital expenditure forecast is $750 million, compared to its capex of $912 million in 2017.
Factors Driving Whiting Petroleum Stock in 2018
Whiting Petroleum (WLL) stock has been rallying since the start of this year, rising ~79.0% year-to-date.
Forecasting Oasis’s Stock Price Using Its Implied Volatility
Oasis Petroleum (OAS) stock’s implied volatility is ~45%, ~3% lower than its 15-day average of ~46.3%.
What’s Causing Oasis Petroleum’s Stock Rise?
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.
Midstream Operaters Are Scrambling to Build a Permian Takeaway
Amid concerns over Permian pipeline takeaway capacity, several pipeline projects have been announced or have come online recently to accommodate rising Permian production.
Rising Permian Production Has Been Straining Price Differentials
The Midland-WTI crude oil price differential and the Waha–Henry Hub natural gas price basis differential have widened since the beginning of 2018.
Permian Is Most Actively Drilled followed by Anadarko, Eagle Ford
The Permian Basin has developed into one of the most active drilling regions in the United States.
US Tight Oil Growth Driven by Increasing New Well Productivity
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.
Light Sweet Crude Oil Drives US Crude Oil Production Growth
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.
What Are Analysts’ Ratings for Whiting Petroleum Stock?
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.”
Implied Volatility in Whiting Petroleum: Forecasting Stock Range
Current implied volatility in Whiting Petroleum (WLL) is ~49.9%, 0.20% higher than its 15-day average of 49.8%.
What’s Happening with Whiting Petroleum Stock Recently?
Whiting Petroleum stock has been surging, rising ~2.8% in the five trading sessions leading up to June 11.
Estimating CHK’s Stock Range Forecast Using Implied Volatility
The current implied volatility for Chesapeake Energy stock (CHK) is ~64%, 6.2% lower than its 15-day average of 68%.
Gauging EQT Corporation’s Capex and Free Cash Flow Trends
Let’s take a look at EQT Corporation’s (EQT) capex and free cash flow trends.
Existing and Planned Natural Gas Pipeline Projects
Pipeline projects under construction that cater to Northeastern US natural gas producers include Energy Transfer Partners’ (ETP) Rover Pipeline Project.
Increase in Permitting and Drilling Activity in Appalachian Basin
With the expansion of regional pipeline capacity, Pennsylvania has seen an increase in permitting and drilling activity.
Latest Forecasts for US Natural Gas Production Growth
According to the EIA, near-term production growth will be supported by a growing demand in a low, stable natural gas price environment.
What Are Wall Street’s Opinions on Chesapeake Energy Stock?
Of the analysts covering Chesapeake Energy (CHK), ~65.5% recommend “hold,” ~10.3% recommend “buy,” and 17.2% rate it as “underperform.”
Forecasting CHK’s Stock Price Based on Its Implied Volatility
Chesapeake Energy (CHK) stock’s implied volatility is ~71%.
How Chesapeake Energy Stock Moved Last Week
Key factors have been supporting CHK stock recently, including rising oil prices, strong earnings, higher production, and the company paying down its debt.
How Has Chesapeake Energy Stock Been Performing Lately?
CHK fell ~18% year-over-year, while XLE rose 14.3% year-over-year.
How ConocoPhillips Stock Has Performed Recently
COP stock has been mirroring movements in crude oil prices with a rise of ~48% year-over-year.
Upstream Companies with the Lowest EBITDA Multiples
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.
Stock Comparison: REI, TELL, CDEV, SD, and EGN
Tellurian stock has risen 25.4% YoY (year-over-year), Energen stock has risen 25.3% YoY, and Centennial stock has risen 24% YoY.
Which Upstream Companies Had the Lowest Leverage?
Ring Energy’s leverage ratio as of the first quarter was ~1.09x. The company’s assets are mainly financed by equity.
CXO, SM, FANG, NBL, and SRCI’s Stock Performances
SRC Energy (SRCI) was clearly the outperformer among its peers. SRC Energy has risen 78% YoY (year-over-year).
Upstream Companies with the Highest Operating Margins
In the first quarter, Concho Resources (CXO) reported operating margins of ~108%—compared to 173% in the first quarter of 2017.
Analyzing XEC, PXD, FANG, PVAC, and EOG’s Stock Prices
Penn Virginia has risen ~48.2% YoY. EOG Resources and Diamondback Energy have increased ~37% and 33.8%, respectively, during the same period.
Comparing Stocks: COP, OXY, DVN, EOG, and APC
ConocoPhillips (COP) was the outlier among its peers. ConocoPhillips has risen ~50.6% YoY, while Occidental Petroleum has risen ~42% YoY.
Whiting Petroleum Stock: What’s the Word on Wall Street?
Approximately 36.4% of Wall Street analysts rated Whiting Petroleum (WLL) as a “buy,” and 45.5% analysts rated it as a “hold.”
Forecasting WLL’s Stock Range Using Implied Volatility
Current implied volatility in Whiting Petroleum (WLL) is ~44.9%.
What’s the Latest News on Chesapeake Energy Stock?
Chesapeake Energy (CHK) stock increased 18.5% in the week ending May 15. The stock was supported by higher crude oil prices (DBO) (UCO).
Is EP Energy Increasing Its Focus on Eagle Ford?
In February, EP Energy (EPE) announced that it had closed the acquisition of Carrizo Oil & Gas’s (CRZO) Eagle Ford assets.
PVAC Was One of the First to Announce an Eagle Ford Acquisition
On March 1, Penn Virginia Corporation completed the acquisition of Eagle Ford assets located primarily in Gonzales and Lavaca Counties.
Magnolia Oil & Gas to Buy EnerVest’s Eagle Ford Assets
In March, TPG Pace Energy Holdings agreed to acquire oil and gas assets from EnerVest within its South Texas division for ~$2.7 billion.
What Is SM Energy’s Stance on Eagle Ford?
On April 4, SM Energy (SM) announced the sale of its noncore assets worth $292.3 million.
US Crude Oil Production Growth Forecast: Tight Oil Driving Growth
The U.S. Energy Information Administration has forecast that US crude oil production will average 10.7 million barrels per day this year.
Forecasting Stock CHK’s Stock Price Using Implied Volatility
Chesapeake Energy stock’s (CHK) implied volatility is ~51.8%.
How Chesapeake Energy Stock Has Been Doing
Chesapeake Energy (CHK) stock rose 5% in the week ended May 8, buoyed by higher crude oil prices (DBO) (UCO).
Forecasting OAS Stock Price with Implied Volatility
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%.
Wall Street Ratings for Oasis Petroleum Stock
Approximately 68.8% of analysts rated Oasis Petroleum (OAS) a “buy,” and around 31.3% rated it a “hold.”
Whiting Petroleum’s Implied Volatility and Stock Range
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.
Why Did Apache Stock Fall after Its 1Q18 Earnings?
Following its 1Q18 earnings release after the market closed on May 2, Apache (APA) stock fell ~6%.
Anadarko Petroleum: Analysts’ Ratings and Target Prices
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.
Anadarko Petroleum Stock Reacts to 1Q18 Earnings
Anadarko Petroleum’s (APC) 1Q18 earnings were released on May 1 after the markets closed. Anadarko Petroleum stock fell 1.4% the next day.
Continental Resources’ 1Q18 Earnings and Revenues Beat Estimates
Continental Resources (CLR) revenues for 1Q18 totaled $1.14 billion, which beat analysts’ estimates of $1.05 billion.
Chesapeake Energy’s 1Q18 Earnings Beat Estimates
Chesapeake Energy (CHK) reported its 1Q18 earnings today. The company reported revenue of ~$2.49 billion.
Anadarko Petroleum’s 1Q18 Earnings: Must-Knows
Anadarko Petroleum (APC) reported its 1Q18 earnings on May 1 after markets closed.
Where Do Analysts See Oasis Petroleum’s Stock Price in 12 Months?
Approximately 68.75% of the analysts covering Oasis Petroleum (OAS) have rated it as a “buy.”
Short Interest Trends, Implied Volatility in WLL Stock
On April 25, the short interest ratio (short interest as a percentage of float) for Whiting Petroleum (WLL) stock was ~21.0%.
Forecasting Anadarko Petroleum’s Stock Price
On April 25, Anadarko Petroleum’s (APC) implied volatility was ~34%—approximately 0.70% higher than its 15-day average of ~33.9%.
Anadarko Petroleum’s Recent Stock Drivers
Anadarko Petroleum (APC) stock has been on an uptrend since late last year. The stock has mirrored crude oil prices (USO) (UCO).
How Hess Stock Has Performed Recently
Hess (HES) stock rose 2.9% after the company posted better-than-expected 1Q18 earnings and revenue.