Laredo Petroleum Inc
Latest Laredo Petroleum Inc News and Updates
Introduction to the Permian Basin — Part 2: Geography of the Permian Basin
The Permian Basin is one of the US’s primary drivers of oil production growth. Market Realist provides an overview of this prolific hydrocarbon asset with a primer piece: “Introduction to the Permian Basin”.Materials Must-know: Why onshore rig counts are at a 2-year high
The U.S. onshore, or land-based, rig count increased by four rigs—from 1,865 to 1,869—during the week ending September 19. Land-based rigs include 13 inland water rigs. This is the highest onshore rig count in the past two years. It’s the highest rig count since August 17, 2012. This marks the eighth increase in the past ten weeks.
Analyzing Libya’s Crude Oil Production
A Reuters survey estimates that Libya’s crude oil production fell by ~20,000 bpd (barrels per day) to 670,000 bpd in February 2017—compared to January 2017.Energy & Utilities What are the advantages of technical analysis?
Entry and exit strategy is recommended for short and long-term trading in technical analysis. Fundamental analysis is used for the long-term entry and exit point.
What are the disadvantages of technical analysis?
Technical analysis is used to forecast stocks. All of the technical indicators give possible entry and exit points. The forecasting accuracy isn’t 100%. This is one of disadvantages of technical analysis.
Why is the breakeven price of crude oil so important?
Knowing the breakeven price of crude oil is important when trying to figure out what OPEC needs in order to regain market share.
How the strengthening US dollar is impacting crude oil prices
The US dollar plays a major role in the price movements of commodities such as gold and crude oil. A strengthening US dollar is often seen as negative.
Traders Could Start Booking a Profit in Crude Oil Futures
On January 16, 2018, Goldman Sachs said that crude oil prices could exceed its forecast in the coming months.
The Top 5 Upstream Companies Based on Return on Equity
The company with the highest trailing 12-month ROE (return on equity) as of 3Q17 is Carrizo Oil & Gas (CRZO) with an ROE of 52.1%.
Crude Oil Prices Are Positive before OPEC’s Meeting
US crude oil futures for January delivery rose 0.3% to $57.47 per barrel at 1:10 AM EST on November 30, 2017. Prices rose ahead of OPEC’s meeting.
US On-Highway Diesel Fuel Prices Hit Fresh 2016 Highs
The EIA reported that US on-highway diesel fuel prices rose by 0.8% week-over-week and closed at $2.40 per gallon on June 6, 2016.
How Does the US Dollar Index Influence Crude Oil Prices?
Crude oil and the US Dollar Index are inversely related. The appreciation of the US dollar will negatively influence crude oil prices.
Why EOG Resources Is among the Best Upstream Stocks
EOG Resources (EOG) has generated above-par returns over a three-year period. EOG returned 91.8% in the last three years, mainly due to its strong performance.
US Crude Oil Rig Count Down for 19 Straight Weeks
US crude oil rig count decreased by 26 for the week ended April 17 down from 760 to 734. The number of oil rigs is now at its lowest level since December 3, 2010.
Why have energy companies increased their debt?
In 2010, US upstream energy companies aggregated $128 billion of total debt. As of 4Q14, this increased to $199 billion of combined debt, a jump of 55%.