Apache Corp.

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  • ConocoPhillips: 2015 Operational Highlights, 2016 Guidance
    Earnings Report

    ConocoPhillips: 2015 Operational Highlights, 2016 Guidance

    ConocoPhillips’s (COP) total production volume in 2015 was 1,589 Mboe/d excluding Libya. This represents a 5% year-over-year growth after adjusting for asset dispositions and downtime.

    By Keisha Bandz
  • uploads///apa
    Earnings Report

    What Are Analyst Recommendations for Apache?

    Wall Street analysts gave mixed recommendations after Apache’s quarterly results. Apache shares fell 5% on November 6, 2015, after the earnings release.

    By Vineet Kulkarni
  • uploads///crude oil mine _
    Company & Industry Overviews

    Marathon Oil Has Risen ~27% in 2018

    Marathon Oil (MRO) has seen a strong rally in the past month. The company has risen ~15% from its lows of $19 in August.

    By Kurt Gallon
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    Company & Industry Overviews

    Placing Apache’s Stock Compared to Its Peers

    Apache’s stock has fallen almost 20% this year. However, since October, it has remained above approximately $47 on an average.

    By Keisha Bandz
  • uploads///image
    Energy & Utilities

    Traders Are Tracking OPEC’s Meeting on June 22

    The crude oil production from OPEC and non-OPEC producers is expected to increase by 300,000 bpd–600,000 bpd in OPEC’s upcoming meeting.

    By Gordon Kristopher
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    Miscellaneous

    Which Upstream Stocks Are More Sensitive to Crude Oil?

    In the last three months, Abraxas Petroleum (AXAS) has had the highest positive correlation with WTI crude oil among upstream companies that are part of XOP.

    By Rabindra Samanta
  • uploads///stock targets
    Company & Industry Overviews

    What Are Analysts’ Targets for Apache for the Next 12 Months?

    APA’s high target price stands at $73, its low target price stands at $42, and its median target price stands at $60.

    By Keisha Bandz
  • uploads///earnings
    Earnings Report

    What Does Continental Resources’ Revenue Growth Trend Indicate?

    Continental Resources’ (CLR) 1Q16 revenue fell by ~27% YoY (year-over-year), while its YoY revenue growth was around -37% in 1Q15 and about -59% in 4Q15.

    By Keisha Bandz
  • uploads///stock performance
    Company & Industry Overviews

    Hess’s Key Management Objectives Investors Need to Know

    Hess’s (HES) key management objectives include taking several steps to counter lower commodity prices. These include capital and cost reductions.

    By Keisha Bandz
  • uploads///prod
    Earnings Report

    Apache’s Key Operational Highlights in 1Q16

    Apache Corporation’s (APA) pro forma production volume in 1Q16 was 479,000 barrels of oil equivalent per day, a fall of 20% year-over-year.

    By Keisha Bandz
  • uploads///rev growth
    Company & Industry Overviews

    Why Did Apache See the Worst Decline in 4Q15 Revenue?

    Hess (HES), Apache (APA), Devon Energy (DVN), and Marathon Oil (MRO) recorded lower 4Q15 revenues compared to the corresponding quarter in 2014.

    By Keisha Bandz
  • uploads///Returns
    Macroeconomic Analysis

    Investors respond differently to upstream companies’ capex plans

    In this environment of crude oil prices declining sharply and staying low, investors continue to favor stocks that are increasing investments.

    By Alex Chamberlin
  • uploads///Targets
    Energy & Utilities

    Most Analysts Recommend a ‘Buy’ for Anadarko Petroleum Stock

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

    By Keisha Bandz
  • uploads///earnings
    Earnings Report

    What Are the Expectations for Concho Resources’ 4Q15 Earnings?

    Concho Resources (CXO) will release its 4Q15 earnings on February 25, 2016. The estimate for 4Q15 revenue is ~$592.4 million. Revenue in 4Q14 was ~$692.4 million.

    By Keisha Bandz
  • uploads///uso
    Macroeconomic Analysis

    USO Is a Better Trade Compared to XOP in Week of July 2

    Shares of USO trade on the NYSE like company stock. The fund lost ~5.3% in the week ended July 2.

    By Keisha Bandz
  • uploads///ANR
    Earnings Report

    What Do Analysts Recommend for Apache Pre-1Q16 Earnings Release?

    In the weeks leading up to Apache’s (APA) 1Q16 earnings release, Wall Street analysts have provided target prices for the next 12 months.

    By Keisha Bandz
  • uploads///stock
    Earnings Report

    What Are Analysts Forecasting for Apache in Next 12 Months?

    APA’s high target price stands at $77. Its low target price is $42, and its median target price is ~$62.

    By Keisha Bandz
  • uploads///Energy sector
    Macroeconomic Analysis

    Why Is Apache Struggling with Its 100-Day Moving Average?

    Apache was trading 11.8% below its 100-day moving average. Since November 27, 2015, the stock has struggled to cross its 100-day moving average.

    By Sarah Sands
  • uploads///crude prices
    Energy & Utilities

    Must-know: Why oil prices swung lower only to recover again

    On Friday, August 29, prices closed at $95.96 per barrel. On Tuesday, prices dropped to $92.88—a 3% decrease. On Wednesday, prices came back to $95.54 per barrel, again ~3% higher than the previous day’s market close.

    By Keisha Bandz
  • uploads///SI
    Energy & Utilities

    Analyzing Short Interest Trends in Whiting Petroleum Stock

    On September 8, 2017, the short interest as a percentage of float in Whiting Petroleum (WLL) stock, or its short interest ratio, was ~21.4%.

    By Keisha Bandz
  • uploads///business pick rFUFqjEKzfY
    Earnings Report

    Apache Reported Upbeat 4Q17 Revenues and Earnings

    On February 22, 2018, Apache (APA) reported its 4Q17 and fiscal 2017 earnings. Apache reported revenues of ~$1.58 billion in 4Q17.

    By Keisha Bandz
  • uploads///EARNINGS
    Earnings Report

    Will Apache’s 2Q16 Earnings and Revenues Beat Estimates?

    Apache (APA) is expected to release its 2Q16 earnings on August 4, 2016. Its revenue estimate is $1.3 billion. That’s 33% lower than 2Q15 and 26% higher than 1Q16.

    By Keisha Bandz
  • uploads///stock
    Earnings Report

    How Has Concho Resources’ Stock Fared ahead of 4Q15 Earnings?

    As 2015 came to a close, Concho Resources’ (CXO) stock started falling. CXO has fallen ~21% since February 2015.

    By Keisha Bandz
  • Now for the ConocoPhillips Nitty-Gritty: Debt, Cash, Leverage, and Liquidty
    Company & Industry Overviews

    Now for the ConocoPhillips Nitty-Gritty: Debt, Cash, Leverage, and Liquidty

    ConocoPhillips’s net debt-to-EBITDA was in the range of 0.6x–1.1x between 3Q13 and 4Q14. But in 2015, its net debt-to-EBITDA multiple started increasing.

    By Keisha Bandz
  • uploads///ANR
    Miscellaneous

    Understanding the Analysts’ Targets for Key Permian Oil and Gas Stocks

    Concho Resources and Pioneer Natural Resources have the most “buy” recommendations as compared to peers at 82% and 93%, respectively.

    By Keisha Bandz
  • uploads///NA vs International revenue
    Earnings Report

    Why Schlumberger’s North American operations held ground

    In 4Q14, Schlumberger’s revenues from its North American operations increased 18.5% to $4.32 billion.

    By Alex Chamberlin
  • Energy & Utilities

    Why Nordic posts earnings increase, declares dividend

    NAO’s initial fleet is providing services for Apache Corporation’s (APA) Apache North Sea Limited, BG International Limited (BRGYY), and Statoil Petroleum AS, a subsidiary of Statoil ASA (STO).

    By Samantha Nielson
  • uploads///NG CR
    Company & Industry Overviews

    COG Highly Correlates to Natural Gas Prices, CHK Not so Much

    Cabot Oil & Gas (COG) had the highest correlation with natural gas prices in the past one-year, six-month, three-month, and one-month periods.

    By Keisha Bandz
  • uploads///monthly change in prod
    Miscellaneous

    What’s New in the Permian?

    According to the EIA’s latest Drilling Productivity Report on June 12, crude oil production in the Permian is expected to have risen 2.4 million barrels per day in May.

    By Keisha Bandz
  • uploads///oil _
    Energy & Utilities

    Upstream Space Might See Upside This Week

    On November 2–9, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 0.6%—the least among major energy ETFs.

    By Rabindra Samanta
  • uploads///prod vs conss
    Macroeconomic Analysis

    EIA forecasts global liquids supply and consumption trends

    As for supply and consumption, global oil production is outpacing consumption, especially in the first half of 2015.

    By Keisha Bandz
  • uploads///oil sunset crude oil pic
    Energy & Utilities

    XOP Is Underperforming Other Energy ETFs

    On November 12–19, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) fell 1.6%—the largest decline among major energy ETFs.

    By Rabindra Samanta
  • uploads///oil _
    Company & Industry Overviews

    Will ConocoPhillips Continue to Deliver amid Oil’s Turbulence?

    As of November 12, Brent crude oil active futures had fallen 18.3% from their almost four-year high of $86.29 per barrel on October 3.

    By Rabindra Samanta
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    Macroeconomic Analysis

    Crude Oil Prices Rise Due to Short Covering ahead of Expiry

    September WTI crude oil futures contracts trading in NYMEX rose by 1.79% on August 18. Crude oil prices rose due to the consensus of falling US crude oil inventories.

    By Gordon Kristopher
  • uploads///wt midland
    Energy & Utilities

    WTI Cushing–WTI Midland Spread at Highest Level since August 2014

    The Brent-WTI Midland spread reached $23.11 per barrel on May 31, which was its highest level since August 2014.

    By Gordon Kristopher
  • uploads///Contracts
    Company & Industry Overviews

    Natural Gas Services, a Major Segment of DCP Midstream

    DCP Midstream’s Natural Gas Services segment provides natural gas gathering, compressing, treating, processing, transporting, and storing services.

    By Alex Chamberlin
  • uploads///pumpjack _
    Energy & Utilities

    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.

    By Keisha Bandz
  • uploads///Broker Recommendations
    Earnings Report

    What Are Wall Street’s Forecasts for Apache after 3Q15 Earnings?

    Approximately 42% of analysts tracking Apache rate it a “buy” or some equivalent while 49% rate the company a “hold” or an equivalent.

    By Alex Chamberlin
  • uploads///IV
    Earnings Report

    Continental Resources’ Implied Volatility after 4Q16 Earnings

    Continental Resources’ (CLR) current implied volatility is 35.4%. That’s about 9.0% lower than its 15-day average of 40.0%.

    By Keisha Bandz
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    Energy & Utilities

    WTI Crude Oil Hit $75 on July 3: What’s Next?

    August WTI crude oil prices hit an intraday high of $75.27 per barrel on July 3—the highest level since November 2014.

    By Gordon Kristopher
  • uploads///APA Operating Revenues
    Company & Industry Overviews

    How Could Lower Production Impact Apache Corporation’s Revenues?

    Excluding the effect of hedges, Apache Corporation’s (APA) average realized crude oil (USO) price in 4Q15 was $38.86 per barrel, down ~45% from $70.81 per barrel in 4Q14.

    By Nicholas Chapman
  • uploads///stock
    Energy & Utilities

    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%.

    By Keisha Bandz
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    Energy & Utilities

    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.

    By Keisha Bandz
  • uploads///Return Upstream
    Miscellaneous

    Analyzing the Pros and Cons of High Volatility Upstream Stocks

    On December 23, 2016, Occidental Petroleum (OXY) had the lowest implied volatility among upstream stocks that are part of XOP.

    By Rabindra Samanta
  • uploads///China crude oil production
    Macroeconomic Analysis

    China’s Crude Oil Production: A Game Changer in 2016?

    China’s crude oil production could fall by 3%–5% in 2016. The fall in China’s crude oil production would be substituted by the rise in China’s crude oil imports.

    By Gordon Kristopher
  • uploads///prod
    Earnings Report

    Whiting Petroleum’s Earnings and Revenue Trends

    WLL’s revenues have fallen considerably compared to 3Q14. Its 3Q16 revenues totaled ~$129 million, versus an estimate of $348 million.

    By Keisha Bandz
  • uploads///stock
    Energy & Utilities

    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.

    By Keisha Bandz
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    Macroeconomic Analysis

    Crude Oil Prices Rally despite Chinese Slowdown Drama

    NYMEX-traded WTI crude oil futures contracts for September delivery rose by 2.80% on August 25. Crude oil prices recovered despite oversupply concerns.

    By Gordon Kristopher
  • uploads///Returns upstream
    Miscellaneous

    How Returns Affect Implied Volatility of Upstream Stocks

    On December 19, 2016, Cobalt International Energy (CIE) stock fell 79.1% YTD, the steepest YTD fall among upstream stocks with the highest implied volatilities.

    By Rabindra Samanta
  • uploads///iraq
    Macroeconomic Analysis

    Crude Oil Prices Retreat as Iraq Exports Set a Record

    NYMEX-traded WTI (West Texas Intermediate) crude oil for June delivery prices declined by 0.80% and settled at $59.15 per barrel on Friday, May 1, 2015.

    By Gordon Kristopher
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    Company & Industry Overviews

    Analysts Cut Price Target on Concho Resources

    On February 20, Concho Resources (CXO) fell 7.1%.

    By Rabindra Samanta
  • Energy & Utilities

    Why Apache Corp. faces activist pressure from JANA Partners

    Houston-based Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, the United Kingdom, and Australia.

    By Samantha Nielson
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    Miscellaneous

    Analyzing Returns of High Implied Volatility Upstream Stocks

    Cobalt International Energy stock fell ~77.4% on a YTD basis—the steepest YTD fall among upstream stocks with the highest implied volatilities.

    By Rabindra Samanta
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    Macroeconomic Analysis

    The EIA’s must-know forecasts for 2014 and 2015 crude oil prices

    Background Brent crude spot oil spot prices fell by more than 15% in November. WTI crude oil spot prices fell from an average of $84 per barrel in October to $76 per barrel in November. EIA forecasts Tanking oil prices will hurt the margins of oil producers such as ExxonMobil (XOM), Apache Corp. (APA), Continental […]

    By Keisha Bandz
  • uploads///oil monahans texas sunset
    Energy & Utilities

    Energy Sector: Analyzing Key Events This Week

    The EIA is scheduled to release its oil and natural gas inventory data on March 27–28, which could be a short-term driver for oil and natural gas prices.

    By Rabindra Samanta
  • uploads///wti prices
    Macroeconomic Analysis

    EIA forecasts growth in global liquids supply and consumption

    The EIA expects global liquids supply to average 93.76 MMbbls/d in 2015. This is 0.82 MMbbls/d higher than its estimate of 92.94 MMbbls/d in 2014.

    By Keisha Bandz
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    Macroeconomic Analysis

    Crude Oil Prices Hit $43 Level Due to Slowing Demand Concerns

    NYMEX-traded WTI crude oil futures for September delivery fell by 1.76% on August 7. Crude oil prices are trading close to the March 2015 levels.

    By Gordon Kristopher
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    Energy & Utilities

    Why Did the WTI Cushing-WTI Midland Spread Drop?

    The WTI Cushing-WTI Midland spread was at $4.12 per barrel on June 25—compared to $9.7 per barrel on June 18. The spread fell 58% on June 18–25.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    WTI Cushing–WTI Midland Spread Drops from Multiyear High

    The WTI Cushing-WTI Midland spread was $11.25 per barrel on July 16, compared to $13.25 per barrel on July 9.

    By Gordon Kristopher
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    Company & Industry Overviews

    Why the Permian Has Been Important for Apache This Year

    The Permian Basin has seen a flurry of deals over the past year. According to the EIA, 2016 saw higher M&A (merger and acquisition) activity than 2015.

    By Keisha Bandz
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    Company & Industry Overviews

    Why Is EP Energy Increasing Focus in the Wolfcamp?

    Wolfcamp, which lies in the Permian Basin, has given the company a strategic edge. It seems to make sense to move its capital to more operationally efficient regions.

    By Keisha Bandz
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    Energy & Utilities

    Comparing the Fall in Oil ETFs and Oil Last Week

    On August 3–10, USO fell 1.3%, USL fell 0.5%, and UCO fell 2.8%. These ETFs track US crude oil futures.

    By Rabindra Samanta
  • Financials

    Understanding the simple moving average in technical analysis

    The simple moving average (or SMA) is an average of the closing price of a stock over a specified number of periods. The moving average smooths the short-term fluctuations in the stock prices.

    By Gordon Kristopher
  • uploads///oil pump black white industry
    Energy & Utilities

    Oil: 2018 Might Be the Worst Year since 2016

    So far in 2018, US crude oil prices have fallen 25%. Crude oil prices are in the red on a year-to-date basis for the first time since 2016.

    By Rabindra Samanta
  • uploads///prod and cons
    Macroeconomic Analysis

    EIA Expects Liquid Fuels Production to Rise in 2015 and 2016

    The EIA (Energy Information Administration) expects global petroleum and liquids production or total world supply to average 94.16 MMbbl/d in 2015.

    By Keisha Bandz
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    Company & Industry Overviews

    How Low Crude Oil and Natural Gas Prices Affect Upstream Companies

    Last year turned out to be a quite brutal one for all commodities, and energy commodities are no exception. Crude oil was down by ~30% in 2015, whereas natural gas saw a decline of ~19% during the same period.

    By Nicholas Chapman
  • uploads///USO ETF
    Macroeconomic Analysis

    Why Did Crude Oil Prices Fall 19% in July 2015?

    September WTI crude oil futures contracts fell by 0.55% on July 30, 2015. The appreciating US dollar led to the fall in crude oil prices in yesterday’s trade.

    By Gordon Kristopher
  • uploads///crude oil consumption chart
    Macroeconomic Analysis

    Why Crude Oil Prices Have Fallen 16% in 8 Sessions

    January WTI (West Texas Intermediate) crude oil futures contracts trading on NYMEX fell by 3.1% to $35.62 per barrel on Friday, December 11, 2015.

    By Gordon Kristopher
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    Macroeconomic Analysis

    Will Oil Glut Continue in 2016 with OPEC’s Production Policy?

    Some member countries of OPEC—namely, Saudi Arabia and Kuwait—support the policy to keep oil output high in order retain market share against non-OPEC producers.

    By Renee Blakely
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    Energy & Utilities

    The Price of WTI Oil Hits $70 per Barrel: Are the Bulls Back?

    US crude oil inventories fell 9.2 MMbbls (million barrels) to 421.4 MMbbls from June 15–22.

    By Gordon Kristopher
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    Company & Industry Overviews

    Denbury Resources’ Operating Costs Are Drifting Upward

    Over the last 12 quarters, Denbury’s operating costs have been drifting upward. They rose from $21.19 per BOE in 1Q12 to $22.64 per BOE in 4Q14.

    By Manas Chowgule, CFA
  • uploads///STOCK
    Earnings Report

    Hess Stock Rose Significantly after 4Q15 Earnings Release

    Following Hess’s (HES) 4Q15 earnings release, Hess stock rose 6%. But the stock has declined significantly over the past year. Year-over-year, Hess has fallen 46%.

    By Keisha Bandz
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    Macroeconomic Analysis

    WTI Crude Oil Priced ahead of the EIA’s Report

    WTI (West Texas Intermediate) crude oil futures for June delivery fell marginally by 0.41% and settled at $60.50 per barrel on Wednesday, May 13, 2015.

    By Gordon Kristopher
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    Fund Managers

    NYSTRS reduced its position in Apache Corporation

    The NYSTRS decreased its position in Apache Corporation from 0.20% in 3Q14 to 0.12% in 4Q14—according to the latest SEC 13F filings.

    By Adam Rogers
  • uploads///oil pump jack sunset clouds
    Energy & Utilities

    What Could Impact Oil on March 22?

    On March 21, US crude oil May futures fell 0.4% to $59.98 per barrel. Profit-booking might be behind the small decline in US crude oil.

    By Rabindra Samanta
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    Company & Industry Overviews

    ConocoPhillips: Jim Ratcliffe Eyes Assets in the United Kingdom

    On November 19, ConocoPhillips (COP) confirmed to CNBC that it has been engaged in talks with Jim Ratcliffe.

    By Rabindra Samanta
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    Macroeconomic Analysis

    Crude Oil Prices Rise 4% as the US Dollar Depreciates

    The fight for market share, despite lower crude oil prices, has led to victory for Saudi Arabia. It exported 4.4 MMbpd of crude oil to Asia in 1H15.

    By Gordon Kristopher
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    Macroeconomic Analysis

    Crude Oil Prices Fall More than 2% on Greece’s Default Crisis

    NYMEX-traded WTI crude oil futures contracts for August delivery fell by 2.18% and settled at $58.33 per barrel on June 29 due to Greece’s default crisis.

    By Gordon Kristopher
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    Company & Industry Overviews

    Changing Winds in 2017 for Upstream Companies: Capex on the Rise

    Capex increase in 2017 As we saw in the previous part, OPEC’s (Organization of Petroleum Exporting Countries) November announcement was a catalyst to turning around commodity prices (USO) (UCO) (UNG) (UGAZ), especially oil prices. Global investment in 2017 A Wood Mackenzie report noted that “the global investment cycle will show the first signs of growth […]

    By Keisha Bandz
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    Macroeconomic Analysis

    API Data and Chinese Stocks Rise, Support Crude Oil Prices

    The US commercial crude oil inventories fell by 2.4 MMbbls for the week ending July 31. The consensus of falling US inventories supports crude oil prices.

    By Gordon Kristopher
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    Energy & Utilities

    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.

    By Keisha Bandz
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    Macroeconomic Analysis

    Crude Oil Prices Fall Almost 5% ahead of Expiry

    October WTI crude oil futures contracts trading in NYMEX fell on September 18. Crude oil prices fell due to negative sentiments of oversupply.

    By Gordon Kristopher
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    Company & Industry Overviews

    Apache Corp Stock: Must-Know Short Interest Trends

    Apache Corp’s (APA) short interest ratio (short interest as a percentage of float) on February 6, 2017, was ~5.3%.

    By Keisha Bandz
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    Macroeconomic Analysis

    US WTI Crude Oil Prices Rally despite Oversupply Concerns

    August WTI crude oil futures trading in NYMEX rose by 1.95% and closed at $59.47 per barrel on Tuesday, June 30, 2015. Prices surged on the summer demand.

    By Gordon Kristopher
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    Energy & Utilities

    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.

    By Keisha Bandz
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    Earnings Report

    What Happened to Apache’s Implied Volatility after Q4 Earnings

    Apache’s (APA) current implied volatility is ~27.5%, ~5.3% lower than its 15-day average of 29%.

    By Keisha Bandz
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    Earnings Report

    Continental Resources’ 4Q16 Earnings Better Than Expected

    Continental Resources (CLR) reported its 4Q16 earnings on February 23, 2017. Its revenue was ~$550.0 million compared to the estimated $581.0 million.

    By Keisha Bandz
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    Miscellaneous

    Why Has Concho Resources Been Eyeing the Permian Basin?

    Concho Resources’ (CXO) key focus this year is apparently to strengthen its position in the Permian Basin. Earlier this year, it announced a trio of deals to enhance its position.

    By Keisha Bandz
  • uploads///oil inventories
    Energy & Utilities

    Crude Oil Bears Could Overshadow Oil Bulls

    August WTI oil futures contracts fell 0.7% in early morning trading on July 18. Brent and WTI crude oil futures rose ~0.5% and ~0.03% on July 17.

    By Gordon Kristopher
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    Miscellaneous

    What Do Analysts Expect for Upstream Energy Companies?

    The 100-day moving averages of upstream companies’ stocks have shown strong resistance.

    By Rabindra Samanta
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    Macroeconomic Analysis

    Refinery demand affects crude oil inventories and prices

    US crude oil refinery inputs averaged 16.6 million bpd (barrels per day) during the week ended December 5. High levels like these were seen earlier this year, in July.

    By Keisha Bandz
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    Company & Industry Overviews

    Comparing Apache’s Debt Position

    In this series, we’ll look at Apache’s key fundamentals and compare them with those of energy peers.

    By Keisha Bandz
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    Company & Industry Overviews

    Production Profiles of Key Eagle Ford Oil and Gas Companies

    Eagle Ford producers Key producers in the Eagle Ford Shale include Marathon Oil (MRO), ConocoPhillips (COP), Carrizo Oil and Gas, and EOG Resources (EOG). As shown in the image above, all the above companies have at least one-third of their production coming in from the Eagle Ford. While Carizzo Oil and Gas saw a YoY […]

    By Keisha Bandz
  • uploads///crude prices
    Macroeconomic Analysis

    Upstream Funds a Better Trade than US Crude Oil Futures Last Week

    XOP was underperforming both WTI crude oil and USO at the beginning of last week, but started giving higher returns as the week progressed.

    By Keisha Bandz
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    Company & Industry Overviews

    Changes in Whiting Petroleum’s Implied Volatility

    Whiting Petroleum’s (WLL) current implied volatility is ~63%, which is ~7% lower than its 15-day average of ~68%.

    By Keisha Bandz
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    Earnings Report

    What’s Hess’s Production Guidance and Key Management Strategies?

    Hess provided a 2016 production guidance range of 330–350 Mboepd. This represents a decline of 7% at mid-point compared to 2015 levels.

    By Keisha Bandz
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    Miscellaneous

    Analyzing Upstream Companies’ 100-Day Moving Averages

    As of December 28, the 100-day moving averages of upstream companies’ stocks showed strong resistance. They were trading below their 20-day moving averages.

    By Rabindra Samanta
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    Energy & Utilities

    Whiting Petroleum’s Short Interest Trends

    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%.

    By Keisha Bandz
  • Energy & Utilities

    Haynesville and Niobrara shales are important for US oil and gas

    Oil production in the Niobrara Shale increased from ~100,000 barrels per day (or bbl/d) in 2007 to ~350,000 bbl/d in August 2014. This marks an increase of ~3.5 times in seven years. According to Baker Hughes, there are currently ~62 rigs operating in Niobrara—76% of the rigs are oil-targeted.

    By Alex Chamberlin
  • uploads///us crude prod
    Macroeconomic Analysis

    Refinery Inputs Increase: Is It Bullish or Bearish for Crude Oil?

    In its weekly report on May 20, the EIA reported that US crude oil refinery inputs averaged over 16.2 MMbpd during the week ending May 15.

    By Keisha Bandz
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