EOG Resources Inc

Latest EOG Resources Inc News and Updates

  • How does Occidental Petroleum compare to industry peers?
    Energy & Utilities

    How does Occidental Petroleum compare to industry peers?

    In terms of profitability, OXY has the highest profit margins amongst its peers at 24.2%. OXY also has one of the highest dividend yields at 2.85%.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    US oil rig counts continue to rally, reaching a year-to-date high

    Last week, the Baker Hughes oil rig count increased from 1,423 to 1,425, reaching the highest level since 2014 began.

    By Ingrid Pan
  • 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///MUR Post Production
    Earnings Report

    Murphy Oil’s 4Q15 Operational Performance, Management Strategies

    Along with its 4Q15 earnings, Murphy Oil announced the divestiture of its Montney midstream assets located in Canada. The transaction includes the sale of existing infrastructure capable of processing up to 320 million cubic feet per day.

    By Nicholas Chapman
  • 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
  • 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///Permian
    Macroeconomic Analysis

    Why the Permian Basin is the key indicator for oil rig counts

    According to the U.S. Energy Information Administration (or EIA), the Permian Basin is the largest crude oil–producing region in the US.

    By Alex Chamberlin
  • uploads///US Total Rig Counts
    Energy & Utilities

    Must-know: Why US rigs lost the most in 11 months

    The U.S. total rig count decreased by 17 rigs—from 1,913 to 1,896—during the week ending August 22. This marked the first rig count decline in the past five weeks. The decline was also the largest since late September 2013.

    By Alex Chamberlin
  • uploads///COP WU_ Price
    Energy & Utilities

    ConocoPhillips Stock Outperforms Crude Oil

    The price of natural gas (UNG) rose ~5% last week. It rose from $2.92 per mmBtu (million British thermal units) to $3.07 per mmBtu. ConocoPhillips’s production volume mix contains ~40% natural gas.

    By Nicholas Chapman
  • 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///Crude Oil Correlation Study
    Company & Industry Overviews

    Why Crude Oil Prices Don’t Impact Crude Producers the Same

    For the past month, Energen had the highest correlation of ~0.94 with WTI crude oil (USO) prices. Occidental Petroleum had the lowest correction coefficient.

    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///inventory may  may
    Macroeconomic Analysis

    Will the API Inventory Report Lead the Crude Oil Price Drop?

    Rising refinery utilization and declining US output will support crude oil prices. This is positive for crude oil prices.

    By Gordon Kristopher
  • uploads///   WTI Crude Oil Prices SR
    Energy & Utilities

    Must-know: Why have oil prices remained buoyant lately?

    Crude oil prices have remained buoyant lately, with last week’s rally mostly driven by higher-than-expected U.S. GDP growth.

    By Ingrid Pan
  • uploads///OXY Production Mix
    Company & Industry Overviews

    Occidental Petroleum’s Production Mix and Realized Prices

    In 3Q15, Occidental Petroleum production mix was 63% crude oil, 25% natural gas, and 12% NGLs. This means that it is more tilted toward liquids production.

    By Nicholas Chapman
  • uploads///marketed natural gas production
    Energy & Utilities

    Why natural gas production trends are so important to prices

    Record-high production levels have ensured that adequate supply of natural gas is available before the winter starts. The EIA anticipates that inventory levels will be 3,532 bcf by the end of this month.

    By Keisha Bandz
  • uploads///CNX Q Pre Annotations
    Earnings Report

    Analyzing Consol Energy’s Stock Movement ahead of Its 1Q16 Earnings

    So far in 2016, Consol Energy (CNX) has been outperforming bigger upstream companies in the S&P 500 (SPY). CNX has risen by ~64%.

    By Nicholas Chapman
  • uploads///RRC Q Pre Annotations
    Earnings Report

    How Has Range Resources’ Stock Performed in 2016?

    In the last two months, Range Resources’ stock price has increased by ~68%.

    By Nicholas Chapman
  • uploads///Segment revenue change
    Earnings Report

    Did EOG’s Performance Suffer in All Product Segments?

    In 3Q15, EOG has continued to improve cost efficiency by reducing its primary cost heads including lease and well costs, measured on a per barrel of oil equivalent basis.

    By Alex Chamberlin
  • uploads///Net debt and Change in total debt
    Company & Industry Overviews

    Who’s the energy company achiever, and who are the laggards?

    Let’s see which energy company stands out as the most efficient in reducing debt loads and improving leverage ratios and which ones are laggards.

    By Alex Chamberlin
  • 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///image
    Miscellaneous

    Why Southwestern Energy’s Implied Volatility Rose

    Southwestern Energy’s implied volatility rose 3.5% on February 24. The stock fell ~12%. On February 23, the company reported a net loss of $0.08 per share.

    By Rabindra Samanta
  • uploads///USO ETF July
    Macroeconomic Analysis

    Crude Oil Prices Rally despite the Iran Nuclear Accord

    NYMEX-traded WTI (West Texas Intermediate) crude oil futures contracts for August delivery rose by 1.10% and settled at $53.04 per barrel on July 14, 2015.

    By Gordon Kristopher
  • uploads///natural gas prod
    Company & Industry Overviews

    An overview of the natural gas compression industry

    Natural gas compression is essential for transporting natural gas. Compression is used several times during the natural gas production and transportation cycle.

    By Keisha Bandz
  • uploads///OXY Production
    Company & Industry Overviews

    Understanding Occidental Petroleum’s Production Volumes

    In 3Q15, Occidental Petroleum production was 689,000 BOE per day, which is higher by almost 16% than its 595,000 BOE per day in 3Q14.

    By Nicholas Chapman
  • 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///ng and ung  mar
    Company & Industry Overviews

    Natural gas prices rallied again on cold weather conditions

    Natural gas April futures contracts closed near the day’s high—up by 0.99% on February 27, 2015. The total volume for the day was at 107,303 contracts.

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

    Crude Oil: Analyzing the Futures Spread

    On August 20, US crude oil October futures closed ~$3.1 above the October 2019 futures contract.

    By Rabindra Samanta
  • uploads///oil _
    Materials

    Factors Keeping US Crude Oil below the $70 Mark

    US crude oil September futures closed at $68.69 per barrel on July 27—the fifth straight closing below $70.00 per barrel.

    By Rabindra Samanta
  • uploads///Upstream returns
    Miscellaneous

    Returns of Upstream Stocks with High and Low Implied Volatility

    On November 15, Cobalt International Energy (CIE) had the highest implied volatility among the upstream stocks that are part of XOP. Its stock fell ~75.4% on a YTD (year-to-date) basis.

    By Rabindra Samanta
  • uploads///ung and ng  march
    Company & Industry Overviews

    How long will the weather batter natural gas prices?

    Natural gas prices are in a long-term downward trend, driven by estimates of a huge supply outweighing demand from mid-November 2014.

    By Gordon Kristopher
  • uploads///mine _
    Miscellaneous

    EIA Inventory Data Seems to Bring More Trouble for Oil

    In the week ending on May 31, US crude oil inventories were 6% higher than their five-year average.

    By Rabindra Samanta
  • 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
  • uploads///Part_
    Fund Managers

    Smithwood Advisers and Hancock Sell Stakes in Energy in 1Q15

    Smithwood Advisers was among the hedge funds that sold their stakes in SandRidge Energy in 1Q15. Hancock Holding was one of the firms that sold stakes in Vaalco Energy.

    By Stuart McKenzie
  • uploads///
    Energy & Utilities

    Why oil prices continued a 2-week rally, driving energy stocks

    Crude oil prices continued to rally, as a sharper-than-expected decrease in distillates helped to support prices. Oil prices have remained relatively high and stable.

    By Ingrid Pan
  • 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///COP Q Net Debt to EBITDA
    Company & Industry Overviews

    Is ConocoPhillips’s Increased Debt Weighing on Its Earnings?

    As of June 30, 2016, ConocoPhillips’s total debt stood at ~$28.7 billion. With ~$4.2 billion in cash and cash equivalents, its net debt was ~$24.5 billion.

    By Nicholas Chapman
  • uploads///ng and ung  march
    Company & Industry Overviews

    Natural gas prices rally on bullish inventory withrawals

    A bull-bear battle in February 2015 has caused natural gas prices to rise and fall repeatedly. The bull isn’t out of fight yet.

    By Gordon Kristopher
  • 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///RRC Q dividends
    Company & Industry Overviews

    Understanding Range Resources’ Dividends and Dividend Yields

    As of May 27, 2016, Range Resource’s dividend yield, which measures the amount of cash flow an investor can get for each dollar invested in an equity position, stood at ~0.34%.

    By Nicholas Chapman
  • uploads///USO  month chart may
    Macroeconomic Analysis

    Crude Oil Prices Slip Back as Oil Oversupply Concerns Deepen

    Global crude oil surplus concerns drove crude oil prices lower in yesterday’s trading. And declining demand from refineries added to the fall in oil prices.

    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///Broker Recommendations
    Company & Industry Overviews

    Wall Street Analysts’ Recommendations on EOG Resources

    It’s important to note that ~69% of analysts tracking EOG Resources rate it a “buy” or some equivalent, while ~24% rate the company a “hold.”

    By Alex Chamberlin
  • 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
  • uploads///Upstream Return
    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
  • uploads///WTI vs HYG
    Fund Managers

    Credit Default Swaps as Insurance against Junk Bond Market Crash

    Carl Icahn mentions the use of credit default swaps as a form of protection against credit events. He implies that investors should possess sophisticated knowledge of the fixed income markets to enter that playing field.

    By Stuart McKenzie
  • uploads///PXD Pre ERN Annotations
    Earnings Report

    Analyzing Pioneer Natural Resources’ Stock Price ahead of 4Q15 Results

    Over the past two months, Pioneer Natural Resources stock price has dropped by about 19%. But XOP has been down ~27% during same period.

    By Nicholas Chapman
  • uploads///EOG Q Post F
    Earnings Report

    Did Institutional Investors Sell EOG Resources in 4Q17?

    In 4Q17, 470 funds were “buyers” of EOG Resources (EOG) stock, and 450 funds were “sellers” of EOG stock.

    By Nicholas Chapman
  • uploads///Broker Recommendations
    Earnings Report

    Wall Street’s Forecasts for EOG Resources before Its 3Q15 Earnings

    Wall Street’s forecasts for EOG Resources had 68% of analysts rate it as “buy,” 29% rate it as “hold,” and 3% recommend as “sell”.

    By Alex Chamberlin
  • uploads///
    Energy & Utilities

    Must-know: The essentials of Hess Corporation’s Bakken activity

    Hess Corp. is one of the largest companies to operate in the Bakken, and it has stated that the area will be the primary driver of its production growth for 2013–2017.

    By Ingrid Pan
  • uploads///NG inventories snapshot
    Energy & Utilities

    Must-know analysis of natural gas inventory report

    On October 16, 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 10. Inventories increased to 3,299 bcf.

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

    Oil Wasn’t the Only Catalyst for Oil-Weighted Stocks

    The high correlation indicates a stronger positive relationship between oil-weighted stocks and US crude oil prices.

    By Rabindra Samanta
  • uploads///Weather
    Macroeconomic Analysis

    Weather and Inventory Are Making Natural Gas Traders Bearish

    Bearish natural gas traders will likely bet on mild weather and could raise their short positions as demand could drop during the peak period from November to March.

    By Gordon Kristopher
  • uploads///MRO Q Net debt to EBITDA
    Company & Industry Overviews

    Is Marathon Oil’s Debt Load Becoming Too Heavy for its Declining Earnings?

    On September 30, MRO’s total debt was ~$7.3 billion. With ~$1.95 billion in cash and cash equivalents, MRO’s net debt was ~$5.3 billion at the end of 3Q16.

    By Nicholas Chapman
  • uploads///oil pump black white industry
    Energy & Utilities

    Will US Crude Oil Maintain the $54 Level on February 5?

    On February 4, US crude oil prices fell 1.3% and settled at $54.56 per barrel. US crude oil active futures made an intraday high of $55.75.

    By Rabindra Samanta
  • 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///Comps
    Company & Industry Overviews

    How does Continental Resources compare to its peers?

    Continental Resources’ net debt-to-EBITDA multiple of 1.6x is one of the highest among its peers. This could indicate a potential liquidity crunch, or insufficient cash to repay debt, particularly when crude oil prices are falling.

    By Alex Chamberlin
  • uploads///Upstreram Return
    Miscellaneous

    What’s Moving in Your High Volatility Upstream Stocks Portfolio?

    On December 5, 2016, Occidental Petroleum (OXY) had the lowest implied volatility among upstream stocks that are part of XOP.

    By Rabindra Samanta
  • uploads///gathering and processing segment
    Energy & Utilities

    ONEOK Partners’ natural gas gathering and processing segment

    ONEOK Partners’ (OKS) natural gas gathering and processing segment provides natural gas gathering, compression, treatment, and processing services to natural gas producers.

    By Keisha Bandz
  • uploads///Return
    Miscellaneous

    Returns of Upstream Stocks with High and Low Implied Volatility

    Cobalt International Energy stock fell ~76.3% on a YTD (year-to-date) basis, the steepest YTD fall among upstream stocks with the highest implied volatilities.

    By Rabindra Samanta
  • uploads///Iranian Crude Oil Production
    Macroeconomic Analysis

    Iran Set to Increase Crude Oil Production and Flood World Markets

    Now that export sanctions have lifted, the global crude oil markets are ready to be flooded with Iranian crude oil of around 1 MMbpd in the first quarter of 2016.

    By Manu Milan
  • uploads///Normalized Chart
    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
  • Energy Select Sector SPDR (XLE) Crashes 20% On Crude Oil Volatility
    Macroeconomic Analysis

    Energy Select Sector SPDR (XLE) Crashes 20% On Crude Oil Volatility

    In this series, we’ll dissect the performance and constituents of the Energy Select Sector SPDR Fund (XLE).

    By Liam Odalis
  • uploads///EOG Q Post Analysts
    Earnings Report

    EOG Resources’ Stock Price Reached This Target in 2Q16

    As of August 5, ~49% of Wall Street analysts rate EOG Resources as a “buy,” and ~49% of analysts rate it as a “hold.” About 2% rate the stock as a “sell.”

    By Nicholas Chapman
  • uploads///supply factors
    Energy & Utilities

    Must-know: Supply-related factors that affect ONEOK Partners

    Natural gas, crude oil, and NGL (or natural gas liquid) supply is affected by several factors that could be supply related or demand related.

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

    How the Decline in Crude Oil Prices Affected Marathon Oil

    Although crude oil prices have rallied ~78% from their lows in February 2016, crude is still trading ~57% lower than its high two years ago.

    By Nicholas Chapman
  • uploads///Ustream Return
    Miscellaneous

    What’s Moving in Your High Volatility Upstream Stock Portfolio?

    On December 9, 2016, Occidental Petroleum (OXY) had the lowest implied volatility among upstream stocks that are part of XOP.

    By Rabindra Samanta
  • uploads///USO long term chart May
    Macroeconomic Analysis

    Crude Oil Prices Slump for the Fifth Day on Expiry

    The consensus of massive production from the US, Russia, and OPEC also led to the decline in crude oil prices. They declined for the seventh time in the last ten days.

    By Gordon Kristopher
  • uploads///NG price chart
    Macroeconomic Analysis

    Natural Gas Prices Are Trading near the Key Support

    Prices have been fluctuating over the last month. The rising natural gas inventory and warm weather estimates continue to influence natural gas prices.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Analyzing Sanchez Energy’s Volatility: Why Is It Increasing?

    Sanchez Energy’s implied volatility rose 4.6% on February 13, 2017. On the same day, the stock fell 0.8%. It provided an update on the Comanche acquisition.

    By Rabindra Samanta
  • uploads///SNAPSHOT OF NG inventories
    Energy & Utilities

    Natural gas inventory figures crush analysts’ expectations

    The U.S. Energy Information Administration reported a 112 Bcf natural gas inventory build for the week ending September 26.

    By Keisha Bandz
  • uploads///image
    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
  • uploads///us natural gas MARKETED PRODUCTION
    Macroeconomic Analysis

    Natural Gas Consumption Trends in the Week of April 10

    The U.S. Energy Information Administration’s “Short-Term Energy Outlook” forecasts that total natural gas consumption will average 76.3 Bcf per day in 2015 and 75.8 Bcf per day in 2016.

    By Keisha Bandz
  • 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///uso  month may
    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
  • 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///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///return
    Miscellaneous

    Returns of Upstream Stocks with High and Low Implied Volatility

    Cobalt International Energy’s stock has fallen ~81.9% on a YTD basis—the steepest YTD fall among upstream stocks with the highest implied volatilities.

    By Rabindra Samanta
  • uploads///
    Energy & Utilities

    Why these key areas have driven increases in oil rig counts

    Last week, the Baker Hughes oil rig count dropped by three, from 1,531 to 1,528. Since the beginning of 2014, oil rig counts have risen by ~11% (+150).

    By Ingrid Pan
  • Energy & Utilities

    Why Exxon Mobil is critically dependent on is international operations

    As the Venezuela 2007 examples demonstrate, major upstream companies with huge international exposure, such as Exxon Mobil and ConocoPhillips, are subject to many risks.

    By Alex Chamberlin
  • uploads///USO ETF July
    Macroeconomic Analysis

    Crude Oil Prices Are Almost Flat Led by the Depreciating US Dollar

    NYMEX-traded WTI crude oil futures contracts for August delivery fell slightly by 0.08% and settled at $52.74 per barrel on July 10, 2015.

    By Gordon Kristopher
  • Why WTI crude oil prices are down over 15% in 3 months
    Energy & Utilities

    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.

    By Ingrid Pan
  • Energy & Utilities

    Why oil rig counts continue to rise—Granite Wash and Eagle Ford

    When the worst of the recession hit, U.S. oil rig counts fell from over 400 to nearly 175.

    By Alex Chamberlin
  • uploads///Cushing crude oil charts
    Macroeconomic Analysis

    Cushing Crude Oil Stocks and Nationwide Inventory Diverge

    On October 29, 2015, Genscape reported that the crude oil inventory at Cushing, Oklahoma, continued to fall. The inventory fell for the second straight week.

    By Gordon Kristopher
  • uploads///Single Well Econnomics
    Macroeconomic Analysis

    Crude oil prices may determine future for some shale plays

    From August to November, returns on drilling wells in shale plays such as the Eagle Ford dropped from more than 20% to the 15% range.

    By Alex Chamberlin
  • Consumer

    Why the horizontal rig count is the highest on record

    Vertical rigs are on a long-term declining trend. Vertical rigs are currently down 63% from around 990 in the beginning of 2007.

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

    Upstream Stocks Saw Strong Buying Last Week

    Upstream energy stocks saw strong buying in the week ending September 14 amid sharp gains in crude oil prices. US crude oil went above $70 per barrel.

    By Kurt Gallon
  • uploads///RDC
    Energy & Utilities

    Why Magnetar Financial initiates new position in Rowan Companies

    First quarter results beat estimates despite a decline in earnings and revenue.

    By Samantha Nielson
  • uploads///upstream
    Miscellaneous

    Upstream Companies’ Moving Averages and Analyst Estimates

    As of January 12, 2016, the 100-day moving averages of most upstream companies’ stocks showed strong resistance.

    By Rabindra Samanta
  • uploads///EQT
    Energy & Utilities

    Why Magnetar Financial disposes position in EQT

    The company missed on 4Q13 earnings and revenue back in February.

    By Samantha Nielson
  • uploads///XEC Normalized
    Company & Industry Overviews

    What Are the Key Drivers for Cimarex Energy’s Stock Price?

    Clearly, crude oil is a key driver behind movements in XEC’s stock price. Both XEC’s stock price and crude oil are showing a decline of ~40% and ~70%, respectively, since their peaks in June 2014.

    By Nicholas Chapman
  • uploads///Crude Oil Production
    Energy & Utilities

    Why investors should watch the EIA’s revised crude oil estimates

    In September, U.S. crude oil production averaged an estimated 8.7 MMbbl per day. According to the EIA, this marked the highest annual production since 1970.

    By Alex Chamberlin
  • uploads///NG three month ng chart June
    Macroeconomic Analysis

    Natural Gas Prices Show a Symmetrical Triangle Pattern

    NYMEX-traded July natural gas futures show the emergence of a symmetrical triangle pattern. Prices broke below the trend line support of this pattern on June 22.

    By Gordon Kristopher
  • uploads///
    Energy & Utilities

    More midstream oil and gas options in the Permian Basin have kept spreads tight

    Producers in the Permian had suffered in the past when takeaway capacity was not sufficient for the growth of West Texas oi production. However, at present it seems that these issues have been resolved.

    By Ingrid Pan
  • uploads///PXD Stock Price Chart and Company Events
    Company & Industry Overviews

    Analyzing Pioneer Natural Resources’ 3Q15 Earnings Call

    Currently, ~77% of Wall Street analysts rate Pioneer Natural Resources as a “buy” and ~19% of analysts rate it as a “hold.” Only ~6% rate the stock a “sell.”

    By Nicholas Chapman
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