iShares US Energy

Latest iShares US Energy News and Updates

  • Must-know: A quick look into the Antero Midstream IPO
    Miscellaneous

    Must-know: A quick look into the Antero Midstream IPO

    On October 27, Antero Resources Corporation announced the initial public offering of Antero Midstream Partners LP.

    By Keisha Bandz
  • Key update on Antero Midstream’s assets
    Miscellaneous

    Key update on Antero Midstream’s assets

    Antero Resources’ current acreage is focused in the Marcellus Shale in West Virginia and the Utica Shale in Ohio.

    By Keisha Bandz
  • Overview of Cheniere’s sale and purchase contracts
    Energy & Utilities

    Overview of Cheniere’s sale and purchase contracts

    Cheniere Energy, Inc.’s MLP company’s Sabine Pass liquefaction project has already secured four fixed-price, 20-year sales and purchase agreements with third parties.

    By Keisha Bandz
  • Chevron Corporation: A must-know brief overview
    Energy & Utilities

    Chevron Corporation: A must-know brief overview

    Chevron Corporation is currently trading at EV-to-2014E EBITDA of 5x, has an approximately $239 billion market cap, and ~$245 billion enterprise value.

    By Keisha Bandz
  • uploads///Divestment
    Company & Industry Overviews

    Shell Plans to Sell Iraqi Oil Fields: Focus on Divestments

    Royal Dutch Shell (RDS.A) plans to sell its oil fields in Iraq. The sale could be due to Shell’s restricted authority on the fields.

    By Maitali Ramkumar
  • uploads///Iraq
    Miscellaneous

    Iran and Iraq’s Role in OPEC’s Meeting

    The EIA estimates that Iran’s crude oil production was flat at 3.81 MMbpd in April 2017—compared to March 2017. Production rose 8.8% YoY.

    By Gordon Kristopher
  • uploads///Cush
    Miscellaneous

    Cushing Inventories Hit December 2014 Low

    Analysts estimate that Cushing inventories could have declined on March 2–9. The EIA is scheduled to release its crude oil inventories report on March 14.

    By Gordon Kristopher
  • uploads///Estimates
    Earnings Report

    Valero’s 4Q15 Estimates Suggest Two Big Words: Under Pressure

    In 4Q15, according to Wall Street analyst estimates, Valero is expected to post EPS of $1.40, which would be 23% lower than its 4Q14 adjusted EPS.

    By Maitali Ramkumar
  • uploads///Revenue
    Earnings Report

    Noble Corporation: Optimistic about Offshore Drilling Outlook

    Noble Corporation’s (NE) contract drilling revenue was $354.0 million in 1Q17 compared to $591.0 million in the same period last year.

    By Sue Goodridge
  • uploads///YTD Performance of COG XOP and SPX
    Energy & Utilities

    Must-know: Cabot Oil & Gas’ market performance

    Despite COG’s recent negative stock market movement, the fact that it was able to hold its own and sustain significant levels of production should ensure that it maintains relatively high stock market returns.

    By Keisha Bandz
  • uploads///Stock price and Outlook
    Earnings Report

    What Schlumberger Expects for 2017

    What are Schlumberger’s views on North America?  Schlumberger (SLB) expects the North American onshore market to continue to improve in 2017. In Schlumberger’s 1Q17 earnings press release, chairman and CEO Paal Kibsgaard stated that “at present, the region in the world showing clear signs of increased E&P[1.exploration and production] investments in 2017 is North America […]

    By Alex Chamberlin
  • uploads///refinery inputs
    Macroeconomic Analysis

    Refinery Inputs Fall Again: What It Means for WTI Crude Oil

    In its weekly report on June 3, the EIA reported that US crude oil refinery inputs averaged ~16.4 MMbpd during the week ending May 29.

    By Keisha Bandz
  • uploads///SI
    Macroeconomic Analysis

    Schlumberger’s Short Interest Has Fallen: What Does It Mean?

    Short interest in Schlumberger (SLB) stock as a percentage of its float was ~1.2% on March 3, 2017, a marginal fall compared to December 30, 2016.

    By Alex Chamberlin
  • uploads///Segments
    Company & Industry Overviews

    Total’s Segments: How Have Falling Oil Prices Affected Dynamics?

    Total (TOT), an integrated energy major, has three main segments: upstream, refining and chemicals, and marketing and services.

    By Maitali Ramkumar
  • uploads///Chemical Margins
    Company & Industry Overviews

    Have Shell’s Chemical Margin Markers Fallen?

    Regional chemical margins where Royal Dutch Shell’s (RDS.A) chemical operations are carried out are indicators of Shell’s chemical margins.

    By Maitali Ramkumar
  • uploads///US Crude inv
    Macroeconomic Analysis

    Crude Oil Inventories Drop Again: Good News for WTI

    In its weekly Petroleum Status Report released on Thursday, the EIA announced a decrease of 2.8 MMbbls in crude oil inventories for the week ending May 22.

    By Keisha Bandz
  • uploads///Food Articles Inflation in India
    Macroeconomic Analysis

    Big Forces Behind India’s Future Monetary Policy

    Rate cut transmissions by commercial banks, inflation, and monetary policy actions by the Fed will have the largest influence on India’s future.

    By David Ashworth
  • uploads///ACWI
    Financials

    Must-know: Which safe havens are truly safe?

    Although not considered safe haven assets, in the current context of high geopolitical risk and consequently volatility, investors could consider investing in sectors like energy and large cap companies.

    By Russ Koesterich, CFA
  • uploads///Indias CPI Combined
    Macroeconomic Analysis

    India’s Consumer Price Index Is Tethered but Risky

    The RBI had headroom to make a further rate reduction in August, but then the bank resisted, citing the rise in core inflation.

    By David Ashworth
  • uploads///M net income and margin
    Earnings Report

    BP’s Year-to-Date Net Income Crashed on Special Charges

    After analyzing BP’s (BP) 2Q15 performance by segment, we’ll now discuss its year-to-date (or YTD) revenues and earnings.

    By Alex Chamberlin
  • 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///
    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///WTI and Gasoline Prices
    Macroeconomic Analysis

    Do Crude Oil Prices Hold the Key to a Rate Hike in the US?

    Cushing, Oklahoma WTI prices fell to $41.93 a barrel on August 17—the lowest since early March 2009. Iran flooding the market with its oil is one of the reasons for this fall.

    By David Ashworth
  • uploads///Segments
    Company & Industry Overviews

    How Did Valero’s Refining Margins Shape Up in Its Latest Quarter?

    Valero’s total refining capacity is 3.0 MMbpd (million barrels per day), of which 1.7 MMbpd is located in the US Gulf Coast.

    By Maitali Ramkumar
  • uploads///Api crude oil
    Macroeconomic Analysis

    Will EIA’s Crude Oil Inventories Data Follow API Data?

    November WTI (West Texas Intermediate) crude oil futures contracts rose 1.4% to $51 per barrel in electronic trade at 5:20 AM EST on October 19, 2016.

    By Gordon Kristopher
  • uploads///Libya
    Miscellaneous

    Libya’s Crude Oil Production: Bullish or Bearish for Oil Prices?

    A Reuters survey estimates that Libya’s crude oil production rose by 50,000 bpd to 930,000 bpd in September 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///gas prices
    Macroeconomic Analysis

    Bearish Momentum in Crude Oil Prices Pressures Gasoline Futures

    April gasoline futures fell 2.4% to $1.65 per gallon on March 8, 2017. Prices fell despite the massive fall in US gasoline inventories.

    By Gordon Kristopher
  • uploads///Broker Recommendations
    Earnings Report

    Wall Street’s Forecasts for Halliburton before Its 3Q15 Earnings

    Wall Street’s forecasts for Halliburton include ~76% of analysts rating the company as a “buy” or some equivalent.

    By Alex Chamberlin
  • uploads///image
    Macroeconomic Analysis

    Analyzing Crude Oil Prices in 2016 and 2017

    Crude oil prices were $54.1 per barrel on December 28—the highest since July 14, 2015. As of January 16, 2017, crude oil prices are 3.4% below their highs.

    By Gordon Kristopher
  • uploads///
    Energy & Utilities

    An essential guide to Exxon Mobil: XOM’s major areas of operation

    Exxon Mobil has three major business segments: Upstream, Downstream, and Chemical. Upstream contributes the most to XOM’s earnings.

    By Ingrid Pan
  • uploads///Oil Rig
    Earnings Report

    Estimates and Recommendations for Ensco ahead of 1Q18 Earnings

    Of the 32 analysts covering Ensco (ESV), 44% recommend a “buy” or equivalent for the stock.

    By Sue Goodridge
  • uploads///image
    Miscellaneous

    Why Did Crude Oil Prices Rise?

    On February 9, 2017, US crude oil futures contracts for March delivery closed at $53.00 per barrel—an ~1.3% rise compared to the previous trading session.

    By Rabindra Samanta
  • uploads///cush
    Miscellaneous

    Cushing Inventories Have Fallen 10% in the Last 10 Weeks

    Cushing crude oil inventories have fallen 10% in the last ten weeks. A better-than-expected fall in Cushing inventories could support US crude oil prices.

    By Gordon Kristopher
  • uploads///LNG organizatinal structure
    Energy & Utilities

    A must-know overview of Cheniere Energy

    Cheniere Energy, Inc., is a Houston-based energy company engaged in the liquefied natural gas business.The Sabine Pass liquefaction project is one of the first projects to receive the necessary government permits to export liquefied natural gas.

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

    Are Crude Oil Prices on the Verge of Collapsing?

    Crude oil prices fell due to the API’s bearish crude oil inventory report. Prices have been trading between $50 per barrel and $54 per barrel since January.

    By Gordon Kristopher
  • uploads///refinery inputs
    Macroeconomic Analysis

    Refinery Inputs Fell but Are Higher than 2014 Levels

    US crude oil refinery inputs averaged 17.029 million barrels per day (or MMbpd) during the week ended August 7.

    By Keisha Bandz
  • uploads///US production
    Miscellaneous

    Analyzing the US, Canada, and Brazil’s Crude Oil Production

    The US is the world’s third-largest crude oil producer. US crude oil production rose by 15,000 bpd to 9,320,000 bpd on May 12–19, 2017.

    By Gordon Kristopher
  • uploads///Gasoline Inventories
    Energy & Utilities

    Will Gasoline and Distillate Inventories Support Crude Oil Bulls?

    October US crude oil futures contracts fell 0.3% to $46.31 per barrel in early electronic trading on August 30, 2017.

    By Gordon Kristopher
  • uploads///chevronfcf
    Macroeconomic Analysis

    Can Chevron Stand up to Exxon Mobil?

    But XOM managed to generate positive segment revenue and earnings in 2016, which places XOM in a better position than CVX for dividend chasers.

    By Amanda Lawrence
  • uploads///Cushing
    Miscellaneous

    Cushing Crude Oil Inventories: Biggest Weekly Fall since January

    Cushing crude oil inventories have fallen for the ninth time in ten consecutive weeks. Any fall in Cushing inventories is bullish for crude oil prices.

    By Gordon Kristopher
  • uploads///Utilities and Telecom Sectors Have the Highest Leverage
    Macroeconomic Analysis

    How a Rate Hike Could Affect High-Leverage Sectors

    Industrials, utilities, and telecommunications have much higher leverage, as these sectors have massive capital needs.

    By Heidi Richardson
  • uploads///Latest Aug
    Energy & Utilities

    Crude Oil: Price Forecasts and Hedge Funds’ Position

    Hedge funds increased their net long positions in US crude oil futures and options by 43,861 contracts or 18.4% to 282,362 contracts on July 25–August 1.

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

    OPEC’s Crude Oil Production Rose in June

    On July 2, a Reuters survey showed that OPEC’s crude oil production increased by 320,000 bpd (barrels per day) to 32,320,000 bpd in June.

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

    Saudi Arabia’s Oil Production Is near a Five-Month High

    Saudi Arabia’s crude oil production increased by 60,000 bpd to 10,120,000 bpd in May—compared to the previous month.

    By Gordon Kristopher
  • uploads///zbynek burival  unsplash
    Energy & Utilities

    Can US Crude Oil’s Recovery Be Sustained?

    On June 11, US crude oil July futures rose 0.5% and settled at $66.10 per barrel.

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

    Saudi Arabia’s Crude Oil Production Could Hit a New Record

    Reuters estimates that Saudi Arabia’s crude oil production increased by 700,000 bpd to 10,700,000 bpd in June—compared to the previous month.

    By Gordon Kristopher
  • uploads///Historical Valuation
    Company & Industry Overviews

    Total’s Valuation Trends: How Does It Compare with Its Peers?

    In 3Q15 and 4Q15, Total’s valuation was higher due to lower EBITDA (earnings before interest, tax, depreciation, and amortization) and cash flows.

    By Maitali Ramkumar
  • uploads///US production
    Miscellaneous

    Bears Celebrate: US Crude Oil Production Hit 2015 High

    US crude oil production rose 0.3% week-over-week and 5.3% year-over-year. US crude oil production is near the highest level since August 21, 2015.

    By Gordon Kristopher
  • SPDR S&P Oil & Gas Exploration ETF (XOP) Is More Levered to Oil
    Macroeconomic Analysis

    SPDR S&P Oil & Gas Exploration ETF (XOP) Is More Levered to Oil

    It’s very apparent that the historical beta of XOP is higher than that of its peers, as it’s closer to 1.6 than the average of 1.2.

    By Liam Odalis
  • uploads///Analyst Rec
    Company & Industry Overviews

    Petrobas and Its Analysts: Are Ratings Improving?

    As of January 11, 2017, Petrobras (PBR) has been rated by 18 analysts. Four of them rated the company a “buy” or “strong buy.”

    By Maitali Ramkumar
  • uploads///WTIcrude PRICES
    Energy & Utilities

    Why WTI oil prices failed to recover despite some support

    Despite development of factors that could have lended support to WTI oil prices, oil prices failed to recover and in fact were trading close to $86 on Thursday.

    By Keisha Bandz
  • uploads///oil prices
    Miscellaneous

    Will Crude Oil Prices Break below the 100-Day Moving Average?

    So far, crude oil prices and broader markets such as the S&P 500 (SPY) (SPX-INDEX) are diverging in 2017. SPY has risen 4% YTD (year-to-date).

    By Gordon Kristopher
  • Energy & Utilities

    Why the ISIS-Iraq conflict could affect global oil investments

    Iraq is home to the fifth-largest oil deposits in the world and currently produces about 4% of the global oil supply. Iraq is now the second-biggest producer in the OPEC exporters’ cartel, after Saudi Arabia.

    By Surbhi Jain
  • uploads///total production
    Energy & Utilities

    A must-know introduction to Occidental Petroleum Corporation

    Occidental Petroleum Corporation (OXY) engages in oil and gas exploration and production in the U.S., Latin America, and the Middle East.

    By Keisha Bandz
  • uploads///Target price and Returns
    Company & Industry Overviews

    What Are the Wall Street Targets for Integrated Energy Companies?

    Due to its superior performance, Wall Street expects YPF to fetch the highest returns over the next 12 months among other integrated energy companies.

    By Alex Chamberlin
  • uploads///us crude oil stocks
    Macroeconomic Analysis

    Will API Inventory Report Limit Upside for Crude Oil Prices?

    November WTI (West Texas Intermediate) crude oil futures contracts rose 0.32% to $50.97 per barrel in electronic trade at 5:10 AM EST on October 12, 2016.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Will US Crude Oil Futures Rise above $50 per Barrel This week?

    September US crude oil prices are on a rollercoaster ride in 2017 due to bullish and bearish drivers. US crude oil prices are near a two-month high.

    By Gordon Kristopher
  • 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
  • uploads///Crude oil supply outage
    Energy & Utilities

    Global Crude Oil Supply Outages Could Push Oil Prices Higher

    According to the EIA, global crude oil supply outages increased by 208,000 bpd or 14% to 1,738,000 bpd in December 2017—compared to November 2017.

    By Gordon Kristopher
  • 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///Revenue
    Earnings Report

    Which Rig Type Has Been Performing Best for Transocean?

    Transocean’s drilling revenue for 1Q16 was $1.34 billion, ~28% lower than the $1.85 billion in 4Q15 and 34% lower than the $2 billion in revenue in 1Q15.

    By Sue Goodridge
  • uploads///RIG
    Energy & Utilities

    Analyst Recommendations for Transocean before 4Q17 Results

    Of the 34 analysts covering Transocean, 44% recommend a “buy” or some equivalent for the stock, while 32% recommend a “hold.”

    By Sue Goodridge
  • uploads///russia
    Miscellaneous

    Will Russia Support OPEC if Production Cuts Continue?

    On April 28, 2017, the Ministry of Energy of Russia said the country’s oil production fell 300,000 bpd to meet the targeted production cut in April 2017.

    By Gordon Kristopher
  • uploads///US crude oil production
    Energy & Utilities

    Traders Track US Crude Oil Production and Exports

    US crude oil production rose by 290,000 bpd (barrels per day) or 3.1% to 9,481,000 bpd in September 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///crude oil mine pumpjack natural gas
    Energy & Utilities

    US Crude Oil Prices Could Fall More

    On June 4, US crude oil July futures fell 1.6% and settled at $64.75 per barrel—the lowest closing level for active US crude oil futures since April 9.

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

    Denbury Resources’ Revenues Drive Its Profitability

    Revenues for Denbury Resources Inc. (DNR) have almost doubled in the six years to 2014. They rose from ~$1.3 billion in 2008 to ~$2.4 billion in 2014.

    By Manas Chowgule, CFA
  • uploads///Ratings_SDRL
    Energy & Utilities

    Seadrill: Why No ‘Buy’ Recommendations?

    Majority recommends “sell” Currently, 28 analysts give recommendations on Seadrill (SDRL). Of these, none have given a “buy” recommendation on the stock. Six analysts have given a “hold” recommendation, and 22 have a “sell” recommendation. The consensus target price is $1.78, which implies a downside of 17%. Like Seadrill, Ocean Rig (ORIG) does not have […]

    By Sue Goodridge
  • uploads///US production
    Miscellaneous

    US Crude Oil Production Is near August 2015 High

    The EIA (U.S. Energy Information Administration) reported that US crude oil production rose by 13,000 bpd (barrels per day) to 9,265,000 bpd on April 14–21.

    By Gordon Kristopher
  • uploads///US weekly crude oil inventories
    Macroeconomic Analysis

    EIA and API’s Crude Oil Inventories Impact Oil Prices

    On December 28, the API released its weekly crude oil inventory report. US crude oil inventories rose by 4,200,000 barrels from December 16–23, 2016.

    By Gordon Kristopher
  • uploads///WTI crude oil
    Macroeconomic Analysis

    Oil price drop wreaks havoc on Russian economy

    The continued oil price drop, coupled with the impact of Western sanctions that are fueling inflation in the economy, is wreaking havoc on Russia’s economy.

    By Surbhi Jain
  • uploads///Stock Price and Outlook
    Earnings Report

    Diving Deep into Schlumberger’s Management’s Views on 2017

    Schlumberger’s (SLB) management expects its capital spending in the North American onshore market to improve in 2017.

    By Alex Chamberlin
  • uploads///oil inventory
    Macroeconomic Analysis

    Record US Crude Oil Inventories: Will the Blood Bath Continue?

    A Bloomberg survey estimates that US crude oil inventories could have risen by 3 MMbbls from March 3–10. US crude oil inventories are at an all-time high.

    By Gordon Kristopher
  • uploads///Saudi Arabia
    Energy & Utilities

    Will Saudi Arabia Extend the Output Cut Deal?

    A Reuters survey estimates that Saudi Arabia’s crude oil production fell by 40,000 bpd to 9.98 MMbpd in August 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///The SP  Has Seen Multiple Expansion Since
    Macroeconomic Analysis

    Why US Stocks Appear Unattractive

    US stocks appear unattractive despite the recent correction. A stronger dollar (UUP) and a slowing world has negatively affected large-cap earnings.

    By Russ Koesterich, CFA
  • uploads///Iran
    Energy & Utilities

    Is President Trump Helping Crude Oil Bulls or Bears?

    WTI crude oil prices fell 8.2% on June 29–July 17. August WTI oil futures contracts rose 0.03% to $68.08 per barrel on July 17.

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

    Pemex Terminates the Contract on West Pegasus with Seadrill

    On August 22, Seadrill reported that it received a contract termination notice for its contract with Pemex Exploration Servicios on the rig West Pegasus.

    By Sue Goodridge
  • uploads///Crude oil supply outage
    Energy & Utilities

    Global Crude Oil Supply Outages Are near a 4-Month High

    Global crude oil supply outages increased by 208,000 bpd (barrels per day) to 1,738,000 bpd in December 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Will Crude Oil Prices Hit a New High?

    US WTI crude oil prices were at $54.45 per barrel on February 23—the highest level since June 2015. As of April 10, prices were 2.5% below their high.

    By Gordon Kristopher
  • uploads///supply outage
    Energy & Utilities

    Global Crude Oil Supply Outages Near 5-Year Low

    The US Energy Information Administration estimates that global crude oil supply outages fell by 247,000 bpd (barrels per day) to 2.0 MMbpd (million barrels per day) in June 2017.

    By Gordon Kristopher
  • uploads///us elections
    Macroeconomic Analysis

    Donald Trump’s Victory Pressures US Crude Oil Prices

    December WTI (West Texas Intermediate) crude oil futures contracts fell 1.4% to $44.3 per barrel in electronic trade at 2:40 AM EST on November 9, 2016.

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

    What Could Drive Crude Oil Prices Higher?

    US crude oil inventories fell 15% from their peak in March 2017 for the week ending November 3, 2017, which helped oil (USO) (UCO) prices.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    Why US Crude Oil Prices Hit Highest Level since July 2015

    April WTI (West Texas Intermediate) crude oil (BNO) (IXC) (IYE) futures contracts rose 1.6% and settled at $54.45 per barrel on February 23, 2017.

    By Gordon Kristopher
  • uploads///Saudi Arabia
    Energy & Utilities

    Analyzing Saudi Arabia’s Crude Oil Export Strategy

    On July 24, 2017, Saudi Arabia’s energy minister stated that the country would cut crude oil exports to 6.6 MMbpd in August 2017.

    By Gordon Kristopher
  • uploads///refinery inputs
    Macroeconomic Analysis

    Why Did Crude Oil Refinery Inputs Fall in the Week of June 26?

    US crude oil refinery inputs averaged ~16.5 million barrels per day (or MMbpd) during the week ended June 26.

    By Keisha Bandz
  • uploads///P OpCosts
    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///OPEC
    Energy & Utilities

    Why OPEC’s Crude Oil Production Rose in July

    On July 30, a Reuters survey showed that OPEC’s crude oil production increased by 70,000 bpd (barrels per day) to 32.64 MMbpd in July.

    By Gordon Kristopher
  • uploads///P BS
    Company & Industry Overviews

    An essential analysis of ExxonMobil’s balance sheet

    On a combination of several factors such as its earnings, share buybacks, and XTO acquisition, XOM’s balance sheet has grown.

    By Manas Chowgule, CFA
  • uploads///gasoline demand
    Miscellaneous

    US Gasoline Demand: Key Crude Oil Driver in 2017

    The EIA estimated that four-week average US gasoline demand rose by 210,000 bpd (barrels per day) to 9,312,000 bpd from March 17–24, 2017.

    By Gordon Kristopher
  • uploads///us crude oil stocks
    Macroeconomic Analysis

    US Crude Oil Prices Are Trading Near a 2016 High!

    November WTI (West Texas Intermediate) crude oil futures contracts rose 0.5% and settled at $50.44 per barrel on October 13.

    By Gordon Kristopher
  • uploads///NGL Price
    Macroeconomic Analysis

    Natural Gas Liquids Prices Fall More than Oil and Gas Prices

    In this article, we’ll discuss how natural gas liquids prices have moved relative to crude oil and natural gas prices.

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

    Oil Bears Track OECD’s Crude Oil Inventories

    The EIA estimates that OECD’s oil inventories rose by 2.5 MMbbls to 2.98 MMbbls in September 2017—compared to August 2017.

    By Gordon Kristopher
  • uploads///Event Driven Strategy Outperforming Multi Strategy
    Company & Industry Overviews

    Event-Driven Strategy in a Volatile Market

    Event-driven strategy is designed to make an investment in special situations, including mergers and acquisitions, restructuring, split-offs, bankruptcy, and other major events.

    By Sarah Sands
  • uploads///US crude oil production
    Macroeconomic Analysis

    Is Weekly US Crude Oil Production Bullish or Bearish?

    The EIA reported that US crude oil production fell by 11,000 bpd to 8,681,000 bpd from November 4–11, 2016. Production fell 5.5% year-over-year.

    By Gordon Kristopher
  • uploads///china
    Miscellaneous

    China’s Teapot Refineries Impact the Crude Oil Market

    The demand from China’s teapot refineries is expected to fall between June 2017 and August 2017 due to strict import quotas and tax policies.

    By Gordon Kristopher
  • uploads///API crude
    Macroeconomic Analysis

    Will the EIA’s Data Contradict the API’s Crude Oil Inventory Data?

    On September 27, the API released its weekly crude oil inventory report. It reported that US crude oil inventories fell by 752,000 barrels from September 16–23.

    By Gordon Kristopher
  • uploads///ANR
    Earnings Report

    Wall Street Recommendations for Cheniere Energy Partners

    It’s important to note that 66.7% of analysts rated Cheniere Energy Partners as “buy,” while the remaining 33.3% rated the company as “hold.”

    By Keisha Bandz
  • uploads///FCF
    Company & Industry Overviews

    Free Cash Flow Trends: Are OFS Companies Burning Cash?

    Many oilfield equipment and services (or OFS) companies’ cash flows have taken a beating following the energy price weakness in the past two years.

    By Alex Chamberlin
  • uploads///crack spread
    Macroeconomic Analysis

    US Gulf Coast 3:2:1 Crack Spread Widened Last Week

    The wider the crack spread, the more profitable it is for refiners such as Valero Energy (VLO), Phillips 66 (PSX), Marathon Petroleum (MPC), and Tesoro (TSO).

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

    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.

    By Gordon Kristopher
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