Get Real: Running the Gauntlet
In this morning’s Get Real market newsletter, we saw that Disney+ is running the gauntlet while Apple and Microsoft take the Dow to new heights.
Energy & Utilities
Stock news and analysis in the energy sector, including petroleum, natural gas, and green energy,
Must-know: Why the Kinder Morgan Eagle Ford expansion is positive
Kinder Morgan Energy Partners plans several major Eagle Ford joint ventures and projects that could reach almost $900 million in expenditures if company reports are to be believed.
A Quick Update on Energy Transfer Partners’ Major Projects
Energy Transfer Partners remains optimistic about its recently announced projects despite the rise in global trade tensions.
How OPEC and Saudi Arabia Drive Crude Oil Prices
October WTI (West Texas Intermediate) crude oil (RYE)(VDE)(XLE) futures contracts rose 0.84% and were trading at $47.8 per barrel in electronic trading at 2:15 AM EST today.
Overview: Regency Energy Partners
Regency Energy Partners L.P. (RGP) is a midstream operator of natural gas pipelines, gathering systems, and processing facilities.
What to Expect from the Weather Forecast and Natural Gas Prices
On July 21, the EIA announced a 34 Bcf (billion cubic feet) addition to natural gas (UNG) (GASL) (GASX) (BOIL) inventory levels for the week ending July 15.
Wall Street Analysts’ Recommendations for TechnipFMC
In this article, we’ll look at Wall Street analysts’ recommendations for TechnipFMC (FTI) on November 9.
Will Crude Oil Futures Be Range Bound or Trend Higher?
US crude oil (DWT) futures hit $58.95 per barrel on November 24, 2017, which was the highest level in the last 30 months.
What’s ahead for American Water Works Stock?
American Water Works’ investors are likely concerned by the fact that the stock has corrected by ~12% since July 2016. But it has rallied by ~40% YTD.
Warren Buffett’s Berkshire Hathaway ups its Liberty Global stake
Berkshire Hathaway added to its position in Liberty Global PLC (LBTYK) last quarter. The position now accounts for 0.57% of Berkshire’s 1Q 2014 portfolio, up from 0.25% last quarter.
Must-know: Why energy investors monitor crude oil inventories
Analysts had expected a drop of 1.5 million barrels (mmbbls) in crude inventories last week. The following parts will cover actual changes in inventories.
Hedge Funds: Bullish or Bearish on Natural Gas?
Aegent Energy Advisors predicts that US natural gas prices might not exceed $3.18 per MMBtu by December 2017.
US Distillate Inventories Are at 32-Month Low
The EIA reported that US distillate inventories fell by 3,359,000 barrels to 125.5 MMbbls (million barrels) or 2.6% between October 27, 2017, and November 3, 2017.
Distillate Inventories: More Bullish News for Oil
The US Energy Information Administration (or EIA) released its weekly crude oil and gasoline inventory report on September 20, 2017.
What Does American Water Works’ Leverage Indicate?
American Water Works’ debt-to-equity ratio has stayed in the range of 1.2x–1.4x. Stable debt-to-equity is usually considered a sign of financial discipline.
Powder River Basin Coal Spot Prices Recovered Sharply
During the week ended November 10, 2017, PRB coal closed at $12.10 per short ton, which was ~3% higher than $11.75 per short ton that coal maintained for the past five weeks.Energy & Utilities Must-know: Is the utilities sector a bond market proxy?
It’s important to note that higher real yields, not rising inflation, are driving today’s higher nominal yields as investors are demanding more compensation for holding bonds
What US Crude Oil Production’s 26-Month High Could Mean
On September 27, 2017, the EIA estimated that US crude oil production rose 37,000 bpd (barrels per day) to ~9.5 MMbpd from September 15–22, 2017.Energy & Utilities Must-know: Understanding Duke’s strategy
In recent years, Duke Energy (DUK) made its intent very clear. It concentrates on its regulated utilities—its core business—instead of other areas. The regulated utilities business is Duke’s strength.
Inside the Global Crude Oil Supply-Demand Gap
The EIA estimated that the global crude oil supply-demand gap averaged 0.58 MMbpd (million barrels per day) in 1H16.
Must-Know: Enbridge’s Five Business Segments
Canadian energy giant Enbridge’s (ENB) operations are diverse. Enbridge accounts for roughly two-thirds of Canada’s crude oil exports to the US.
Cushing Inventories Hit February 2015 Low
A Bloomberg survey estimated that the crude oil inventories at Cushing could have fallen by 1.5 MMbbls between December 29, 2017, and January 5, 2018.
Will US Natural Gas Futures End 2017 on a Low Note?
January US natural gas (UGAZ) futures contracts were below their 100-day, 50-day, and 20-day moving averages on December 21, 2017.
Higher oil prices are a potential double whammy for propane sales
Propane distributors such as Amerigas Partners (APU), Ferrellgas (FGP), and Suburban Propane (SPH) sell propane and related equipment to a variety of end markets. Find out what trends could hurt propane names this winter.
Crude Oil: A Bear Trap for Traders?
On March 4, US crude oil prices rose 1.4% and settled at $56.59 per barrel. The rise in oil prices was likely due to the falling global oil supply.
Should Energy Investors Be Cautious with Oil-Weighted Stocks?
On March 7, US crude oil April futures fell 2.3% and closed at $61.15 per barrel. Here’s what you need to know.
US Distillate Inventories Fell for the Fourth Straight Week
The EIA (U.S. Energy Information Administration) reported that US distillate inventories fell by 1.72 MMbbls to 147.7 MMbbls on July 28–August 4, 2017.
US Crude Oil Prices Could Pressure Natural Gas Futures
Baker Hughes is scheduled to release its US crude oil and natural gas rig count report on November 11, 2017.
ExxonMobil’s Segmental Analysis: Pre-earnings Review
Changing oil prices have altered segment dynamics for ExxonMobil (XOM). Earnings from the company’s upstream segment have fallen steeply.
Noble Energy: Analysts’ Recommendations
Among the 23 analysts tracking Noble Energy (NBL), 29% recommended a “hold,” 68% recommended a “buy,” and 3% recommended a “sell.”
What’s behind MLP Performances for the Week Ended November 10?
Of the total 95 MLPs, 62 ended last week in the red, 30 ended in the green, and the remaining three ended flat. Energy Transfer Partners (ETP) fell 5.5%.
Are Analysts Bullish on Williams Companies?
About 78.0% of analysts rate Williams Companies (WMB) a “buy,” while the remaining 22.0% rate it a “hold” as of August 21, 2017.
Why Enterprise Products Partners is important to investors
EPD is a leading midstream service provider in the natural gas, natural gas liquids (or NGLs), crude oil, petrochemicals, and refined products sectors.
US Distillate Inventories Fell for the Fourth Time in 5 Weeks
The EIA reported that US distillate inventories fell by 1.9 MMbbls (million barrels) to 149.5 MMbbls on July 14–21, 2017.
Natural Gas: Analyzing the Inventory Levels
In the week ending May 24, the inventories spread was -12.1%. The spread contracted by ~1.4 percentage points compared to the previous week.
NextEra Energy’s Earnings: Solid Growth in Q2
NextEra Energy’s adjusted earnings have risen 13% year-over-year. The company reported an EPS of $2.35, which beat analysts’ consensus estimates.
These Midstream Players Have Created Maximum Wealth for Investors
In this series, we’ll look at the historical outliers in midstream energy, which have generated massive wealth amid turbulent times.
Why ONEOK Has Outperformed Its Peers in 2018
ONEOK (OKE) stock has risen ~21% so far in 2018, outperforming its peers in the midstream sector.
How OPEC’s Spare Crude Oil Production Capacity Is Recovering
The EIA estimates that OPEC’s spare crude oil production capacity rose 35,000 bpd (barrels per day) to 2 MMbpd (million barrels per day) in August 2017.
Must-know: Why ONEOK restructured its business, creating ONE Gas
Earlier this year, ONEOK (OKE) created a new stand-alone publicly traded company called ONE Gas (OGS), separating its natural gas distribution business into a separate dedicated company. The company believes that by having two separate companies, each of the companies will have a greater focus on its individual strategy, financial strength, and growth potential.
Overview: Regency’s growth projects in 2014
For the full year of 2014, Regency announced growth capex expenditures of $1.2 billion.
Why WTI crude oil prices are down over 15% in 3 months
WTI crude oil prices continued to slide as U.S. crude inventories continued to grow, with domestic production surging.
Why Did UNG Outperform USO?
From June 23—30, the United States Natural Gas ETF (UNG) outperformed the United States Oil ETF (USO). UNG rose ~6.8%, while USO fell ~3.4%.
Ocean Power Technologies Stock Rises After Expansion
Ocean Power Technologies is expanding their successful PowerBuoy technology. As a result, OPTT stock has been going up.
Shell Announces Layoffs, Aims for a Green Future
Shell announced layoffs on Wednesday, Sept. 30 as it moves towards a greener future. How many job cuts are expected at Shell?
Why Was Exxon Mobil Dropped by the Dow?
Exxon Mobil, which joined the Dow Jones Industrial Average in 1928, was removed from the index following a rough year for the company.
A Look at Microsoft’s More Personal Computing Segment in 1Q18
More Personal Computing revenue flat Previously, we discussed Microsoft’s (MSFT) Intelligent Cloud segment’s performance. In this part, we’ll look at how its MPC (More Personal Computing) segment performed in fiscal 1Q18. Microsoft’s MPC segment, as the name suggests, is highly dependent on the PC (personal computer) market, drawing close to ~50% of its total revenue […]
What Are the Implied Volatilities of Crude Oil and Natural Gas?
Crude oil’s (USO) (OIIL) implied volatility was 41.3% on July 8, 2016.
Are Oil Stocks a Good Investment?
Many investors wonder if they should buy oil stocks. Will oil stocks rebound and be a profitable investment?
The World’s Top Oil-Producing Countries
These are the countries who produce the most oil in the world as well how much they produce