Devon Energy Corp

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  • uploads///COP Q Realized Price
    Company & Industry Overviews

    ConocoPhillips’s 1Q17 Crude Oil Price Underperforms WTI

    ConocoPhillips’s 1Q17 crude oil realized prices In 1Q17, excluding the effect of hedges, ConocoPhillips’s average realized crude oil price in the Lower 48 region was $45.89 per barrel, up ~70% from its price of $27.04 per barrel in 1Q16. Sequentially, ConocoPhillips’s 1Q17 price is ~4% higher than it was in 4Q16. Crude oil prices versus […]

    By Nicholas Chapman
  • uploads///EOG Q Pre Production
    Earnings Report

    Understanding EOG Resources’ Q2 2018 Production Guidance

    For the second quarter, EOG Resources expects total production in the range of 670.3–706.2 Mboepd (thousand barrels of oil equivalent per day).

    By Nicholas Chapman
  • uploads///DNR Q Overview Annotations
    Company & Industry Overviews

    Analyzing Denbury Resources’ 1Q16 Earnings Call

    For 1Q16, Denbury Resources (DNR) reported an adjusted EBITDA of ~$105 million with an EBITDA margin of ~40%. Its EBITDA margin is only ~20% lower.

    By Nicholas Chapman
  • uploads///US Natural gas inv
    Macroeconomic Analysis

    EIA Natural Gas Inventory Report – Important for Energy Investors

    Analysts expected a natural gas inventory draw of 51 billion cubic feet (or Bcf) last week.

    By Keisha Bandz
  • uploads///DNR Q WU Price Performance
    Company & Industry Overviews

    Why Has Denbury Resources Been Underperforming Crude Oil?

    In the last month, crude oil producer Denbury Resources (DNR) has seen its stock price underperform crude oil (USO) and natural gas (UNG) prices.

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

    Must-know: Environmentalists’ views on coal and natural gas

    Natural gas has gained market share for use in power generation. Learn about the drivers of this trend and the consequences of increased natural gas use.

    By Ingrid Pan
  • uploads///DVN Q Peers
    Company & Industry Overviews

    How Does Devon Energy’s Relative Valuation Compare to Its Peers’?

    Devon Energy (DVN) has a forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratio of ~13x.

    By Nicholas Chapman
  • uploads///Natural gas Production
    Energy & Utilities

    Why cold weather warms natural gas investors

    Last week, natural gas prices didn’t increase despite forecasts for cooler weather. The forecast called for weather that would be cooler, but not cold enough to cause freezing temperatures.

    By Keisha Bandz
  • 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///DVN Q Operational  Implied Volatility
    Miscellaneous

    What Devon Energy’s Implied Volatility Could Say about Its Stock Price

    On May 18, 2017, Devon Energy (DVN) had an implied volatility of ~33.9, which is ~14.9% below its 260-trading day historical price volatility of ~39.9%.

    By Nicholas Chapman
  • 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///MRO WU_ Price Performance
    Miscellaneous

    Inside Marathon Oil’s Stock Performance Last Week

    Marathon Oil’s stock price fell from $15.91 to $15.16 last week, while crude oil prices fell from $53.18 per barrel to $49.62 per barrel.

    By Nicholas Chapman
  • uploads///RRC Q Hedges
    Company & Industry Overviews

    What Has Hedging Done for Range Resources?

    In 1Q16, natural gas hedging activities increased Range Resources’ (RRC) average realized natural gas price by $0.91 per Mcf (thousand cubic feet).

    By Nicholas Chapman
  • uploads///NG prices
    Energy & Utilities

    Key insight: Why natural gas prices remain bearish

    Natural gas prices started the week by falling ~2.4% to $3.67 MMBtu (million British thermal units) on Monday. This was the lowest close in 11 months.

    By Keisha Bandz
  • uploads///UNG ETF May
    Macroeconomic Analysis

    Natural Gas Prices Slump due to Increasing Inventory Data

    Natural gas futures for July delivery slumped by 4.95% on Thursday. Natural gas prices declined due to rising inventory data. It continued its losing streak.

    By Gordon Kristopher
  • uploads///
    Energy & Utilities

    Must-know points of Devon Energy’s plan to develop the Eagle Ford

    Devon plans to rapidly grow production in the Eagle Ford over the next few years.

    By Ingrid Pan
  • uploads///DNR Q Pre Capex
    Earnings Report

    Denbury Resources’s Capital Expenditure Guidance

    For fiscal 2016, Denbury Resources (DNR) plans to spend ~$200 million in capital expenditure, which is ~51% lower when compared with fiscal 2015 capital expenditure of ~$407 million.

    By Nicholas Chapman
  • uploads///COP WU_ Price Performance
    Miscellaneous

    What Just Happened to ConocoPhillips Stock?

    Last week (ended May 26), crude oil prices fell from $50.67 per barrel to $49.80 per barrel.

    By Nicholas Chapman
  • uploads///CRC Q Post Production
    Company & Industry Overviews

    Drill Down into California Resources’ 2Q17 Operational Performance

    For 2Q17, California Resources (CRC) reported total production of 129 Mboepd, which is below the midpoint production guidance of 128 Mboepd to 133 Mboepd.

    By Nicholas Chapman
  • 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
  • uploads///NG prices forecast
    Energy & Utilities

    Must-know: Crucial months unfold for natural gas prices

    In its Short-Term Energy Outlook (or STEO) report, the U.S. Energy Information Administration (or EIA) forecasted higher natural gas prices this winter.

    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///ng prices
    Energy & Utilities

    Why natural gas prices hit $4 before returning to previous levels

    Falling again from levels close to $4, natural gas prices retreated to $3.93 MMBtu after the EIA reported higher than expected inventory increases.

    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
  • uploads///MRO Q Normalized
    Company & Industry Overviews

    One Key Driver for Marathon Oil’s Stock Price Movement

    Identifying the key driver Marathon Oil’s (MRO) stock price was in an uptrend from October 2011 to September 2014 when NYMEX (New York Mercantile Exchange) WTI (West Texas Intermediate) crude oil (USO) prices were in an uptrend. But NYMEX WTI crude oil started to fall in June 2014, and Marathon Oil’s stock price had topped within three […]

    By Nicholas Chapman
  • 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///bbdadfafcbfdfeaabaf
    Macroeconomic Analysis

    Natural Gas Prices Are Volatile Due to Inventory Report

    Natural gas prices fell for the fifth time over the last ten days. Prices fell by 4.6% more on the average down-days than on the average up-days.

    By Gordon Kristopher
  • uploads///UNG
    Macroeconomic Analysis

    UNG a Winner, but XOP Disappointed Last Week

    UNG was underperforming natural gas for almost the entire week, but towards the end of the week, it gave slightly higher returns.

    By Keisha Bandz
  • uploads///Eagle Ford Shale Play
    Energy & Utilities

    Overview: The Eagle Ford Shale Play

    The Eagle Ford Shale produces both oil and gas.

    By Keisha Bandz
  • uploads///OXY Q Post Analyst
    Earnings Report

    Occidental Petroleum: Analysts’ Ratings after 4Q17

    The median target price on Occidental Petroleum stock is $78.50, which is ~12% higher than its closing price of $69.85 on February 14.

    By Nicholas Chapman
  • uploads///NG inventories snapshot
    Energy & Utilities

    Analyzing the EIA’s natural gas inventory report and forecast

    On October 23, the U.S. Energy Information Administration (or EIA) reported a 94 billion cubic feet (or bcf) natural gas inventory build for the week ending October 17.

    By Keisha Bandz
  • uploads///bcccfdfdaaeffdc
    Macroeconomic Analysis

    Natural Gas Prices Are Flat Ahead of the EIA’s Report

    December natural gas futures were almost flat at $2.26 per MMBtu on November 12, 2015. The natural gas prices didn’t change.

    By Gordon Kristopher
  • uploads///dcbebebcbdbed
    Macroeconomic Analysis

    Why Natural Gas Prices Have Fallen by 4.6% in the Last 3 Days

    Natural gas prices fell for the third-consecutive day on November 19, 2015, due to long-term oversupply concerns and rising natural gas inventories.

    By Gordon Kristopher
  • uploads///EF prod
    Company & Industry Overviews

    Key Insights on the Eagle Ford Shale

    The Eagle Ford Shale is a gas and oil producing shale formation in south Texas. It extends to northeast Texas and touches the Mexican border. In this series, we’ll look at drilling activity in the region.

    By Keisha Bandz
  • uploads///MRO Q Debt Maturities
    Company & Industry Overviews

    Should Investors Worry About Marathon Oil’s Credit Ratings Downgrades?

    Due to the prolonged downturn in crude and natural gas, credit rating agencies reviewed many upstream companies earlier this year, including Marathon Oil.

    By Nicholas Chapman
  • uploads///Nat gas production vs Rigs
    Macroeconomic Analysis

    Natural gas production growth expected to continue

    Since mid-2011, natural gas production has increased even though the number of rigs has fallen. Drilling efficiencies have contributed to this trend.

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

    Stock Comparison: How Have COP, DVN, OXY, APC, and EOG Fared?

    Stock performance In this article, we’ll discuss the year-to-date (YTD) stock performance of ConocoPhillips (COP), Devon Energy (DVN), Occidental Petroleum (OXY), Anadarko Petroleum (APC), and EOG Resources (EOG), which reported the highest revenue among upstream companies in fiscal 2017. Outliers and underperformers The above image shows that ConocoPhillips (COP) is the outlier among peers. YoY […]

    By Keisha Bandz
  • uploads///ung
    Macroeconomic Analysis

    US Gas Fund (UNG) Rises in the Week Ended August 6

    The United States Natural Gas Fund (UNG) is an ETF that tracks prompt natural gas futures. UNG shares trade on the New York Stock Exchange like company stock.

    By Keisha Bandz
  • uploads///power gen
    Macroeconomic Analysis

    US Power Generation in 2015: Natural Gas up, Coal down

    The EIA reported that power generation from natural gas increased in all regions of US in July, while generation from coal declined in all regions.

    By Keisha Bandz
  • uploads///fbbdfcabedbd
    Macroeconomic Analysis

    Natural Gas Prices Recover Ahead of Inventory Report

    Natural gas prices rose for the sixth time in the last ten days. Prices fell by 4.5% more on the average down days than on the average up days over the same period.

    By Gordon Kristopher
  • 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
  • uploads///DVN Q Post F
    Earnings Report

    Did Institutional Investors Sell Devon Energy in 4Q17?

    On December 31, 2017, 740 13F filers held DVN in their portfolios, out of which 13 filers had DVN in their top ten holdings.

    By Nicholas Chapman
  • uploads///Loser
    Basic Materials

    Weakest Upstream Stocks in the Week Ending September 28

    Southwestern Energy (SWN) was the weakest upstream stock in the week ending September 28. Southwestern Energy fell 10.8% last week.

    By Kurt Gallon
  • uploads///ung  month chart may
    Macroeconomic Analysis

    Natural Gas Prices Rally on Warmer Weather Forecast

    June natural gas futures ruled the chart against other commodities on yesterdays’s trading. Natural gas prices increased by 0.59% year-to-date, led by the warmer weather forecasts.

    By Gordon Kristopher
  • uploads///Screen Shot    at
    Macroeconomic Analysis

    Natural Gas Prices Are Volatile Due to the Weather Report

    December natural gas futures trading in NYMEX rose by 0.40% on November 4, 2015. Natural gas prices rose due to cooler weather estimates.

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

    Millennium Management adds new position in Anixter International

    For 1Q14, Anixter’s results beat on earnings, but missed on revenue.

    By Samantha Nielson
  • uploads///weather ng
    Macroeconomic Analysis

    Natural Gas Prices Flat after Inventory Report

    Natural gas prices fell more than 20% YTD (year-to-date) due to oversupply concerns.

    By Gordon Kristopher
  • uploads///operating margin
    Earnings Report

    This Segment Will Drive EnLink Midstream’s 4Q16 Results

    ENLK expects central Oklahoma region to become its largest operating region by the end of 2017.

    By Kurt Gallon
  • uploads///edfddcdbecae
    Macroeconomic Analysis

    Why Did Natural Gas Prices Rise for the Second Day?

    NYMEX-traded natural gas futures contracts for December delivery rose by 1% on November 16. Natural gas prices rose almost 5.5% in two days.

    By Gordon Kristopher
  • uploads///ECA Q Post Analyst
    Energy & Utilities

    What Wall Street Analysts Recommend for Encana

    As of February 16, 2018, 29 analysts were covering Encana (ECA). Of these, ~31% have “strong buy” ratings, ~62% have “buy” recommendations, while the remaining ~7% of analysts have “hold” recommendations.

    By Nicholas Chapman
  • uploads///natural gas prod
    Company & Industry Overviews

    A Key Factor That Drives Natural Gas Compression Services

    Natural gas compression requirements depend on natural gas production. US rig counts have dropped, but Exterran (EXLP) expects production in 2015 to grow.

    By Keisha Bandz
  • uploads///USO ETF July
    Macroeconomic Analysis

    Bear Market: Crude Oil Prices’ Collateral Damage Continues

    Rising global inventories and the US stockpile are fueling negative sentiments in the crude oil market. Prices have fallen more than 55% since June 2014.

    By Gordon Kristopher
  • uploads///DVN Q Tender Offers Amount Tendered
    Company & Industry Overviews

    What Are the Results of Devon Energy’s Tender Offers?

    In order to deal with lower energy prices, Devon Energy has designed its own approach. One of the key components of this approach is the protection of its balance sheet.

    By Nicholas Chapman
  • uploads///oil _
    Earnings Report

    Will Anadarko Benefit from Its Production Mix Strategy in 2019?

    In Q4 2018, crude oil sales accounted for 58% of APC’s total sales volume. In 2019, the oil sales volume as a percentage of total sales might vary between 57.6% and 58.8%.

    By Rabindra Samanta
  • uploads///us natural gas consumption
    Macroeconomic Analysis

    Latest Forecast for 2015 Natural Gas Consumption

    Consumption declined across all sectors. Residential and commercial consumption led the decline, falling 23.3% compared to last week.

    By Keisha Bandz
  • uploads///Part _
    Fund Managers

    China May Cause Saudi Arabia to Cut Official Prices of Crude Oil

    Russia and Saudi Arabia will have to offer more competitive prices in order to maintain market share in China. This implies that the Saudis may cut prices soon for crudes to Asian refiners.

    By Stuart McKenzie
  • uploads///COP Q Net Debt to EBITDA
    Company & Industry Overviews

    Should Investors Worry about ConocoPhillips’s Increased Debt Load?

    As of September 30, 2016, ConocoPhillips’s (COP) total debt stood at ~$28.7 billion.

    By Nicholas Chapman
  • uploads///CNX Q Pre Revenue
    Earnings Report

    Analyzing CNX Resources’ 4Q17 Revenue Expectations

    For 4Q17, Wall Street analysts expect CNX Resources (CNX) to report revenues of $338 million.

    By Nicholas Chapman
  • uploads///oil _
    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
  • uploads///bffffbcbacebbacdac
    Macroeconomic Analysis

    Natural Gas Prices Rose Due to Strong Demand

    Natural gas futures for December delivery rose by 4.5% on November 5. Natural gas prices rose due to a lower rise in the natural gas inventory data.

    By Gordon Kristopher
  • uploads///deaefebeeedadfe
    Macroeconomic Analysis

    Natural Gas Prices Slump 9.4% for the Week

    ETFs like the United States Natural Gas—UNG—ETF fell in the direction of natural gas prices on November 20, 2015. UNG fell by 4.7% on the day.

    By Gordon Kristopher
  • uploads///UNG
    Macroeconomic Analysis

    UNG Mirrors Natural Gas, XOP Disappoints in Week Ended July 23

    XOP underperformed both natural gas and UNG throughout the week. XOP returned the least in the group toward the end of the week.

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

    Weakest Upstream Stocks in the Week Ending September 14

    SandRidge Energy (SD) was the weakest upstream stock in the week ending September 14. SandRidge Energy fell 22.7% last week.

    By Kurt Gallon
  • uploads///ung  month may
    Macroeconomic Analysis

    Natural Gas Prices Extend the Gain: Led by Improving Demand

    NYMEX-traded June natural gas futures increased by 1.31% on Tuesday. Gas futures settled at $2.935 per MMBtu on May 12, 2015.

    By Gordon Kristopher
  • uploads///bbdaabfaaafbf
    Macroeconomic Analysis

    Natural Gas Prices Rose More than 5% in the Last 3 Sessions

    December natural gas futures trading in NYMEX rose by 0.3% on November 6, 2015. Natural gas prices rose due to the consensus of rising demand.

    By Gordon Kristopher
  • uploads///zbynek burival  unsplash
    Earnings Report

    Could ConocoPhillips Report Higher Profits in Q2 2018?

    ConocoPhillips (COP) plans to report its Q2 2018 earnings on July 26. Its consensus net income estimate is ~$1.18 billion.

    By Nicholas Chapman
  • Energy & Utilities

    Why falling gas rig counts aren’t denting natural gas production

    The U.S. Energy Information Administration (or EIA)—in its Short-Term Energy Outlook released in August, 2014—reported that dry natural gas production is expected to total 69.6 billion cubic feet (or bcf) per day in 2Q14.

    By Alex Chamberlin
  • uploads///pump jack _
    Energy & Utilities

    What’s Been Driving Anadarko Petroleum’s Stock Lately?

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

    By Keisha Bandz
  • uploads///ng consumption
    Macroeconomic Analysis

    Natural Gas Consumption Weakens: Will the Trend Continue?

    In the week ended August 5, total US natural gas consumption fell 0.7% week-over-week. Total power sector consumption of natural gas fell 0.6% that week.

    By Keisha Bandz
  • uploads///DNR Q Hedging Effectiveness
    Company & Industry Overviews

    Chart in Focus: Denbury Resources’ Hedging Effectiveness

    Per Denbury Resources’ (DNR) form 10Q for 2Q16, DNR reported a total (non-cash and cash) loss of about -$98 million on commodity derivative settlements.

    By Nicholas Chapman
  • uploads///DVN Q Normalized
    Company & Industry Overviews

    What Are the Key Drivers for Devon Energy’s Stock?

    In this final part, we’ll study Devon Energy’s (DVN) stock price movement with respect to energy prices, the US dollar index, and the broader market.

    By Nicholas Chapman
  • uploads///org struc
    Company & Industry Overviews

    ETE, PAGP, WGP, and ENLC: Analyzing MLPs’ General Partners

    In this series, we’ll perform a comparative analysis of four MLPs’ general partners: Energy Transfer Equity, Plains GP Holdings, Western Gas Equity Partners, and EnLink Midstream LLC.

    By Kurt Gallon
  • uploads///OXY Q Pre Revenue
    Earnings Report

    Occidental Petroleum: Poised for Strong 3Q16 Results

    For 3Q16, analysts expect Occidental Petroleum to report revenues of ~$2.8 billion, which would be ~11% lower than its 3Q15 revenues of ~$3.1 billion.

    By Nicholas Chapman
  • Energy & Utilities

    Natural gas production is bullish despite falling rig count

    Since mid-2011, natural gas production increased even though the number of natural gas-targeted rigs has fallen. Dry natural gas production is set to increase to 69.7 billion cubic feet per day (or bcf/d) in 2014.

    By Alex Chamberlin
  • uploads///natural gas inventories snapshot
    Macroeconomic Analysis

    Key analysis: Latest natural gas inventory report

    Changes in prices affect natural gas producers and natural gas inventory movements affect prices. Last week’s data are bullish for American gas producers.

    By Keisha Bandz
  • uploads///MRO Q Pre Cash Flow
    Earnings Report

    Chart in Focus: Marathon Oil’s Cash Flow Estimates

    Wall Street analysts expect Marathon Oil (MRO) to report year-over-year higher cash flows of ~$473 million in 1Q17 from ~$74 million in 1Q16.

    By Nicholas Chapman
  • uploads///Natural gasrig count
    Macroeconomic Analysis

    Natural gas rig count may raise energy investor hopes

    The natural gas rig count decreased throughout most of 2014. Last year, there were 356 natural gas rigs. Currently, there are 316 rigs.

    By Alex Chamberlin
  • uploads///peer comp
    Company & Industry Overviews

    Devon Energy’s Relative Valuation: A Comparison with Its Peers

    Devon Energy’s (DVN) lower forward EV-to-EBITDA multiple compared to peers implies a valuation discount due to higher risk.

    By Keisha Bandz
  • uploads///NG consumption
    Macroeconomic Analysis

    EIA’s 2015 Natural Gas Consumption Forecasts

    The EIA forecasts that total natural gas consumption will average 75.7 Bcf/d in 2015 and 76.2 Bcf/d in 2016, compared to an estimated 73.5 Bcf/d in 2014.

    By Keisha Bandz
  • uploads///ng production
    Macroeconomic Analysis

    US Natural Gas Production Makes History: What’s Next?

    US natural gas production hit a record of 73.3 Bcf (billion cubic feet) per day in February 2016.

    By Gordon Kristopher
  • Energy & Utilities

    Why natural gas will spearhead growth for CONSOL Energy

    CNX has a joint venture with Noble Energy (NBL) in the Marcellus Shale, which drilled 117 gross wells in 2013.

    By Alex Chamberlin
  • uploads///SGY Q Hedging Effectiveness
    Company & Industry Overviews

    Gauging Stone Energy’s Hedging Effectiveness

    According to Stone Energy’s (SGY) 2Q16 earnings release, SGY reported a total (non-cash and cash) loss of ~$0.61 million on its derivative instruments.

    By Nicholas Chapman
  • uploads///bedddafcdbecbb
    Macroeconomic Analysis

    Crude Oil Prices Rally Due to Short Covering, Weather Estimates

    WTI and Brent crude oil prices fell by 28% in 2016 and tested 2003-lows as of January 20, 2015. In turn, that led to bargain buying by bullish traders.

    By Gordon Kristopher
  • uploads///AdobeStock_
    Industrials

    Range Resources: A Look at Its Institutional Holdings

    Range Resources (RRC) reported adjusted EPS of -$0.07 in the third quarter. Let’s talk about institutional investor activity in RRC in the quarter.

    By Rabindra Samanta
  • Financials

    What’s the Dow Theory?

    The Dow Theory was developed by Charles Dow. It identifies and signals the change in the stock market trends. It’s useful for trading and investing. The Dow Theory has six components.

    By Gordon Kristopher
  • Financials

    Technical indicators and the Relative Strength Index

    The Real Strength Index (or RSI) is a measure of a stock’s overbought and oversold position. The commonly used RSI is a 14-day RSI. It refers to the 14-day stock price that’s used to calculate the RSI.

    By Gordon Kristopher
  • Financials

    Double top and double bottom patterns in technical analysis

    The double top pattern forms in the uptrend. In this pattern, two consecutive peaks are formed. The peaks both have roughly the same price level.

    By Gordon Kristopher
  • uploads///NG prices
    Energy & Utilities

    Why natural gas prices cheer as winter starts

    Natural gas prices started the week by increasing the most in four weeks. This was a result of cold weather forecasts. Prices jumped 4% to close at $4.04 MMBtu on Monday.

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

    Upstream Stocks: The Top Movers of 2019

    In 2019 so far, upstream energy companies Hess Corporation (HES) and Noble Energy (NBL) have risen 61.8% and 15.1%, respectively.

    By Rabindra Samanta
  • uploads///
    Energy & Utilities

    Devon Energy’s latest acquisition is in the Eagle Ford “core”

    Devon asserts that its recent purchase of Eagle Ford properties is located in the very core of the South Texas play.

    By Ingrid Pan
  • uploads///Asset Overview
    Energy & Utilities

    Key takeaways from CONSOL Energy’s analyst day meeting

    As of June 12, 2014, CNX had a market cap of ~$10.3 billion and an enterprise value of ~$13.8 billion.

    By Alex Chamberlin
  • uploads///CO Emission
    Energy & Utilities

    Why a cleaner natural gas will likely replace coal

    The environmental impact of the coal-based power plants depends on their air-emission, water resource use, water discharge, solid waste generation, etc.

    By Alex Chamberlin
  • uploads///impact of trade war on oil
    Energy & Utilities

    Oil and Energy Stocks Fall after Trump’s Latest Tariff

    President Trump’s new tariff impacted crude oil prices. On Thursday, the WTI near-month crude oil futures price fell approximately 8%.

    By Rekha Khandelwal, CFA
  • uploads///p
    Energy & Utilities

    Energy Stocks: Top Outperformers Last Week

    In the week ending February 22, Superior Energy Services (SPN) rose the most among the energy stocks under review in this series.

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

    Devon Energy’s Announcement Could Boost Investor Confidence

    Yesterday, Devon Energy (DVN) announced a restructuring plan to separate its Canadian and Barnett Shale upstream assets by the end of this year.

    By Rabindra Samanta
  • uploads///P
    Company & Industry Overviews

    ConocoPhillips Might Have the Most Moderate Upside

    ConocoPhillips (COP) might have an upside of 8.9% in the next 12 months based on analysts’ mean target price.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Alberta’s Production Cut Could Impact the US Energy Sector

    On December 3, Devon Energy rose 6.4%—the highest among the upstream stocks that form the S&P 500 Index (SPY).

    By Rabindra Samanta
  • uploads///P
    Company & Industry Overviews

    Devon Energy: Analysts Expect More than 70% Upside

    Devon Energy (DVN) might have an upside of 75.1% in the next 12 months based on analysts’ mean target price.

    By Rabindra Samanta
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