iShares US Energy

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  • 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///Capex
    Company & Industry Overviews

    Will Kinder Morgan benefit from increased 2015 capex?

    In 2015, Kinder Morgan (KMI) has put in place a strong project pipeline that can increase capex by 21% to ~$4.4 billion.

    By Alex Chamberlin
  • uploads///How KOG and WLL Will Benefit
    Energy & Utilities

    Must-know: Key takeaways from the Whiting-Kodiak transaction

    Reduced well costs is a major positive for KOG—Kodiak has been making progress on improving its well costs, moving from over $10.5 million per well to under $9 million in 2014.

    By Keisha Bandz
  • uploads///Fleet
    Earnings Report

    What to Expect from Transocean’s 1Q17 Results

    Transocean (RIG) plans to release its 1Q17 results on May 3, 2017, after the market closes.

    By Sue Goodridge
  • uploads///Natural gas rig count
    Macroeconomic Analysis

    Natural Gas Rigs Help Slow Overall Drop in Rig Count Last Week

    The rate of decline in the natural gas rig count has slowed in the past four weeks, during which only six rigs went offline.

    By Alex Chamberlin
  • 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///NG inventory
    Macroeconomic Analysis

    What Should Energy Traders Look for This Week?

    The events in the energy sector influence crude oil and natural gas prices. The ups and downs in crude oil prices impact oil and gas producers’ earnings.

    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///Fleet
    Earnings Report

    Transocean: Aggressive in Rig Scrapping and Expansion

    Many offshore drillers have scrapped their older rigs to reduce costs. Although scrapping rigs reduces costs, it also negatively impacts the earnings potential of the company.

    By Sue Goodridge
  • 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///EOG_Capex
    Fund Managers

    AQR Capital Nearly Halves its Holdings in EOG Resources

    In 4Q14, AQR Capital lowered the number of shares held in EOG Resources (EOG). EOG accounted for 0.22% of the fund’s fourth-quarter portfolio.

    By Stuart McKenzie
  • uploads///rigs
    Macroeconomic Analysis

    US Crude Oil Rig Count Hit September 2015 High

    The US crude oil rig count rose by eight to 617 rigs from March 3–10, 2017. The US crude oil rig count has risen 33 times in the last 36 weeks.

    By Gordon Kristopher
  • uploads///
    Energy & Utilities

    SandRidge’s 2014 guidance shows 25%+ pro forma production growth

    SandRidge Energy updated its 2014 guidance given its Gulf of Mexico divestiture. The new cost guidance shows lower lifting costs per unit.

    By Ingrid Pan
  • uploads///Costs
    Earnings Report

    Transocean’s 3Q17 Earnings: What Analysts Expect

    Analysts expect Transocean’s (RIG) 3Q17 EBITDA to fall to $313 million—a 10% fall from $349 million reported in 2Q17 and a 31% fall year-over-year.

    By Sue Goodridge
  • uploads///lng
    Fund Managers

    Luxor Capital Establishes New Stake in Cheniere Energy

    In February 2015, Cheniere Energy announced that its 4Q14 and full-year results reported a net loss attributable to common stockholders of $158.6 million, or $0.70 per share.

    By Santiago Solari
  • 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///EPS adjusted vs Estimates
    Earnings Report

    Halliburton’s Expected 2Q15 Earnings Signal More Weakness

    The expected 2Q15 earnings are 37% lower than 1Q15 adjusted EPS. Weaker crude oil prices and reduced spending by North American upstream energy producers are to blame.

    By Alex Chamberlin
  • uploads///US Regular Gasoline Prices
    Macroeconomic Analysis

    Crude Oil Prices and Refinery Margins: Catalysts for Gasoline Prices

    The EIA’s weekly gasoline and diesel fuel price update released on January 11, 2016. It showed that US regular gasoline prices averaged $1.99 per gallon.

    By Manu Milan
  • uploads///P NetInc
    Company & Industry Overviews

    Must-know: Insight into ExxonMobil’s earnings

    A large portion of ExxonMobil’s earnings come from “non-operating” sources. This reflects the sheer scope of the company’s operations.

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

    Cheniere Energy Partners: Wall Street Recommendations ahead of Q2

    We’ll take a look at recent recommendations that brokers have provided for Cheniere Energy Partners (CQP) ahead of its 2Q15 earnings release on July 29.

    By Keisha Bandz
  • uploads///EV EBITDA
    Earnings Report

    Where Does Seadrill Partners’s Valuation Stand?

    For the offshore drilling industry, we believe that the EV-to-EBITDA multiple reflects the perceived riskiness of investing in offshore drilling companies, as well as investors’ expectations for the industry’s outlook.

    By Sue Goodridge
  • 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///crude oil
    Macroeconomic Analysis

    US Crude Oil Prices near 18-Month High: What’s Next?

    US crude oil (BNO) (USO) (UCO) (IEZ) prices are near an 18-month high as of February 6, 2017. The S&P 500, Dow Jones, and NASDAQ are near all-time highs.

    By Gordon Kristopher
  • 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///CUSH
    Miscellaneous

    Cushing Inventories Increased for the First Time in 12 Weeks

    A larger decline in Cushing inventories could have a positive impact on oil prices. US crude oil futures rose 1.8% to $62.41 per barrel on March 16, 2018.

    By Gordon Kristopher
  • 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///US Crude inv
    Macroeconomic Analysis

    Crude Oil Inventory Drops Last Week, Lower than Expectations

    According to the EIA’s June 24 report, crude oil inventory decreased 4.9 MMbbls for the June 19 week. Analysts were expecting a much smaller decrease of 2 MMbbls.

    By Keisha Bandz
  • Energy & Utilities

    Why independent refiners did better during the energy decline

    Refiners’ profits are driven by the difference in the prices of refined products—like gasoline and diesel—and the cost of crude oil. Refining companies didn’t lose as much as their upstream peers.

    By Manas Chowgule, CFA
  • 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///FCF
    Company & Industry Overviews

    Understanding Superior Energy’s Free Cash Flow Estimates

    Superior Energy Services’ (SPN) CFO (cash from operating activities) fell 63% in 3Q16 year-over-year. SPN generated $48 million CFO in 3Q16.

    By Alex Chamberlin
  • uploads///gasoline stocks
    Macroeconomic Analysis

    Bullish Tone: Gasoline Inventories Decreased Last Week

    The EIA reported that gasoline inventories decreased by 2.8 MMbbls to ~223.9 MMbbls in the week ending May 15. Analysts expected inventories to increase.

    By Keisha Bandz
  • uploads///U
    Macroeconomic Analysis

    Why Distillate Inventories Declined for the Week Ending January 15

    US distillate fuel inventories fell by ~1.1 MMbbls (million barrels) to settle at 164.5 MMbbls for the week ending January 15, 2016.

    By Manu Milan
  • 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///P Ret Mar
    Company & Industry Overviews

    A snapshot of ExxonMobil’s declining returns

    In this part, we’ll look at ExxonMobil’s (XOM) profitability at various levels and its returns in different contexts.

    By Manas Chowgule, CFA
  • uploads///VLOs Operating Highlights
    Energy & Utilities

    Must-know: Valero’s 2Q financial performance

    Net income reported for this quarter reflected discontinued operations at Valero’s Aruba refinery—as a result of this, the company recognized a loss of $63 million associated with asset retirement and other obligations related to the Aruba refinery.

    By Keisha Bandz
  • uploads///RV
    Miscellaneous

    What’s Weatherford’s Valuation Compared to Its Peers’?

    WFT makes up 0.33% of the iShares U.S. Energy ETF (IYE). On June 7, IYE had fallen 8% lower compared to its price on March 31.

    By Alex Chamberlin
  • uploads///Horizontal vs Vertical rig count
    Macroeconomic Analysis

    Could Drop in Horizontal Rigs Indicate a Slowing US Shale Boom?

    According to oil service company Baker Hughes (BHI), the horizontal rig count fell by seven in the week ended May 15, 2015, compared to the previous week’s count.

    By Alex Chamberlin
  • uploads///Stock price and outlook
    Energy & Utilities

    Schlumberger: Management’s Views for 2018

    Schlumberger (SLB) thinks that the crude oil market sentiment has been a positive catalyst for oilfield equipment and services companies.

    By Alex Chamberlin
  • uploads///gasolineprod
    Macroeconomic Analysis

    Why Did Gasoline Inventories Fall at the End of June?

    Gasoline production increased from 9.93 million barrels per day (or MMbpd) in the week of June 19 to 10.04 MMbpd in the week ended June 26.

    By Keisha Bandz
  • uploads///NG production
    Miscellaneous

    EIA Downgrades US Natural Gas Production Forecast for 2018

    PointLogic, a market intelligence company, estimates that US dry natural gas production rose 0.3% to 80.1 Bcf per day on April 5-11, 2018.

    By Gordon Kristopher
  • 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/// crack spread
    Macroeconomic Analysis

    US Gulf Coast 3:2:1 Crack Spread Falls in Week Ended July 13

    A wider crack spread increases the profit margins of refiners such as Valero Energy (VLO), Phillips 66 (PSX), Marathon Petroleum (MPC), and Tesoro (TSO).

    By Keisha Bandz
  • 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///image
    Miscellaneous

    Could Bearish Drivers Halt US Crude Oil Price Recovery?

    June WTI (West Texas Intermediate) crude oil (IXC) (IYE) (USO) futures contracts have risen ~5% from their five-month low as of May 15, 2017.

    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///US crude oil inventories
    Energy & Utilities

    Oil Prices Fall despite the Draw in US Crude Oil Inventories

    The EIA estimated that US crude oil inventories fell by 3.4 MMbbls (million barrels) to 453.7 MMbbls on November 17–24, 2017.

    By Gordon Kristopher
  • 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///NG production
    Energy & Utilities

    Analyzing the US Natural Gas Production Trend

    PointLogic estimates that US dry natural gas production increased 0.6% to 80.1 Bcf (billion cubic feet) per day on April 19–25.

    By Gordon Kristopher
  • 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///WTI prices Oct
    Macroeconomic Analysis

    OPEC Expects Crude Oil Prices to Hit $60 by 2020

    The failure of OPEC’s plan to cap production and successful implementation of Donald Trump’s energy policies would mean a period of lower crude oil prices.

    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///WTI prices Oct
    Macroeconomic Analysis

    Contango Market and OPEC: Will They Impact Crude Oil Prices?

    Hedge fund manager Pierre Andurand expects OPEC to implement its plan to cap production. Prices could hit $60 per barrel by the end of 2016 if OPEC succeeds.

    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///Gasoline demand
    Energy & Utilities

    How Supply Outages Affect Crude Oil Prices

    The EIA (U.S. Energy Information Administration) estimates that Libya’s crude oil production rose by 160,000 bpd (barrels per day) to 1.0 MMbpd (million barrels per day) in July 2017 compared to the previous month.

    By Gordon Kristopher
  • 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///BWP opportunities
    Energy & Utilities

    Why midstream companies could profit from LNG exports

    So, by the time any other facilities come online, Cheniere’s facilities will already be in place. And, Cheniere is likely to enjoy its front-of-the-line advantage for a little while longer.

    By Keisha Bandz
  • uploads///US crude oil production
    Energy & Utilities

    Why US Crude Oil Production Hit a 5-Week Low

    The US Energy Information Administration (or EIA) released its “Weekly Petroleum Status Report” on October 12. It estimates that US crude oil production fell by 81,000 bpd (barrels per day).

    By Gordon Kristopher
  • 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///image
    Energy & Utilities

    Rise in US Oil Inventories Could Help Oil Rise More

    In the week ending April 13, US crude oil inventories fell by 1.1 MMbbls (million barrels) to ~427.6 MMbbls.

    By Rabindra Samanta
  • uploads///Offshore drilling Stock Price
    Company & Industry Overviews

    Why Pacific Drilling Opted for a Reverse Stock Split

    Pacific Drilling’s shareholders approved a one-for-ten reverse stock split of the company’s common shares.

    By Sue Goodridge
  • 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
  • uploads///bcebbbabefbfbdcc
    Macroeconomic Analysis

    How Did OPEC and the EIA Pressure Crude Oil Prices?

    A large rise in US crude oil inventories pressured crude oil prices. OPEC’s struggle with its plans to cap production pressured crude oil prices.

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

    Diesel Prices Remain on Downward Trajectory in Week of June 22

    According to the EIA’s Short-Term Energy Outlook released on June 9, diesel fuel retail prices will average $2.88 per gallon in 2015, and then rise to $3.04 per gallon in 2016.

    By Keisha Bandz
  • 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///image
    Macroeconomic Analysis

    US Crude Oil Prices Might Test a New High

    US WTI (West Texas Intermediate) crude oil (FXN) (ERY) (RYE) (FENY) prices are near a 19-month high as of February 28, 2017.

    By Gordon Kristopher
  • uploads///Crude oil rigs
    Energy & Utilities

    Will US Oil Rigs Support Crude Oil Bulls?

    US crude oil rigs are near a five-month low. West Texas Intermediate (or WTI) crude oil (UWT) (DWT) prices are down 8.8% year-to-date (or YTD).

    By Gordon Kristopher
  • 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
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