QEP Resources Inc

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  • uploads///Natural Gas Prices
    Macroeconomic Analysis

    Inconclusive weather forecasts control natural gas prices

    Natural gas prices continued their declining trend from last week due to mild weather forecasts on the East Coast from December 13 through December 22.

    By Keisha Bandz
  • Energy & Utilities

    Why smaller oil and gas firms are foraying into high yield debt

    High yield debt markets saw $6 billion worth of new supply issued across 12 transactions in the week ending October 24.

    By Phalguni Soni
  • uploads///WTI vs Brent
    Macroeconomic Analysis

    Crude Oil Continues to Trade Higher This Morning

    Crude oil continues to trade higher due to positive sentiment surrounding the crude oil market. At 7:38 AM EST, WTI crude was trading at $44.88 per barrel.

    By Val Kensington
  • uploads///NG price chart
    Macroeconomic Analysis

    Natural Gas Prices Are Trading Close to the Key Resistance

    September natural gas futures contracts rose for the third day in a row. Natural gas prices have been trading close to the key resistance of $2.90 per MMBtu.

    By Gordon Kristopher
  • uploads///EQIX
    Fund Managers

    JANA sells stake in Equinix

    JANA Partners sold a significant stake in Equinix (EQIX) during the fourth quarter. The position accounted for 3.38% of the fund’s third-quarter portfolio.

    By Samantha Nielson
  • uploads///power
    Macroeconomic Analysis

    US Power Generation Down Again: An Analysis of Trends

    An increase in US power generation numbers is expected for the week ended October 30, 2015.

    By Keisha Bandz
  • uploads///GM
    Consumer

    Why did JANA Partners boost its position in General Motors?

    JANA Partners enhanced its position in from 0.17% to 4.23% last quarter General Motors.

    By Samantha Nielson
  • uploads///prod
    Earnings Report

    Inside Chesapeake Energy’s 1Q16 Operational Highlights

    Chesapeake Energy’s total production volume in 1Q16 was 672.4 Mboepd . This represents a YoY rise of ~1%, adjusted for asset sales.

    By Keisha Bandz
  • uploads///natural gas prices
    Macroeconomic Analysis

    Natural gas prices rally on cold weather forecasts

    The weather is the major driver of natural gas prices, so investors can get an idea of how prices will likely move in the short term.

    By Keisha Bandz
  • uploads///oil producers
    Energy & Utilities

    What Will Happen if the Oil Producer Meeting Succeeds?

    October WTI (West Texas Intermediate) crude oil futures contracts were up by 1% to $45.31 per barrel in electronic trade at 5:15 AM EST on September 7, 2016.

    By Gordon Kristopher
  • 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///image
    Macroeconomic Analysis

    What Investors Can Expect from Crude Oil Prices

    April WTI crude oil prices are at a three-month low as of March 13. So far, crude oil prices and broader markets such as the S&P 500 are diverging in 2017.

    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
  • uploads///Energy MWU_ UPSTREAM Losers
    Energy & Utilities

    These Stocks Are the Upstream Losers So Far This Week

    In the week starting March 5, 2018, California Resources (CRC) fell from $14.98 to $14.65, a decrease of ~6.1%.

    By Nicholas Chapman
  • uploads///oil and price inventory
    Miscellaneous

    Energy Calendar for Oil and Gas Traders: May 1–5

    The energy sector contributed to ~6.3% of the S&P 500 (SPY) (SPX-INDEX) on April 28, 2017. Oil and gas are major parts of the energy sector.

    By Gordon Kristopher
  • uploads///QEP
    Consumer

    Why does QEP Resources face activist pressure from JANA?

    In the last quarter, JANA Partners increased its position in QEP Resources to 5.34% from 2.80%.

    By Samantha Nielson
  • uploads///July
    Energy & Utilities

    Hedge Funds’ Net Long Positions in US Crude Oil Rose Again

    Hedge funds increased their net bullish positions in US crude oil futures and options rose by 36,834 contracts to 215,488 contracts on July 11–18, 2017.

    By Gordon Kristopher
  • 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///ng hedge
    Energy & Utilities

    Hedge Funds’ Net Bullish Positions in US Natural Gas

    Hedge funds decreased their net bullish positions in US natural gas futures and options 1.1% to 190,432 on June 5–12.

    By Gordon Kristopher
  • uploads///libya
    Macroeconomic Analysis

    US Inventories and Libya Impact Crude Oil Prices

    Crude oil prices fell due to the unexpected rise in US crude oil inventories. However, crude oil prices are trading near 2016 highs.

    By Gordon Kristopher
  • uploads///oil producers
    Macroeconomic Analysis

    Decoding the Major Oil Producers’ Meeting in Algeria

    OPEC producers’ meeting was held from September 26–28, 2016. Crude oil prices rose 12% in August 2016 due to speculation about the meeting’s outcome.

    By Gordon Kristopher
  • uploads///oil price and oil inventory
    Miscellaneous

    Why Traders Are Tracking the API’s Crude Oil Inventories

    A market survey estimates that US crude oil inventories fell by 2.83 MMbbls on June 23–30, 2017. Gasoline inventories might have fallen by 0.5 MMbbls.

    By Gordon Kristopher
  • uploads///distillate inventory
    Miscellaneous

    US Distillate Inventories and Crude Oil Price Forecasts

    The EIA reported that US distillate inventories rose by 0.3 MMbbls to 151.4 MMbbls on June 2–9, 2017. Inventories rose for the third straight week.

    By Gordon Kristopher
  • uploads///UNG etf may
    Macroeconomic Analysis

    Natural Gas Prices Increase: Led by EIA Inventory Report

    June natural gas futures increased by 1.17% on Thursday and settled at $2.94 per MMBtu on May 21. Natural gas prices increased for the first time in last four days.

    By Gordon Kristopher
  • uploads///crude oil price chart
    Macroeconomic Analysis

    Crude Oil Prices in 2016: Crucial Support and Resistance Levels

    Crude oil has rallied by almost 40% in the past two months. But prices have fallen by 65% since June 2014. Oil prices have breached key moving averages.

    By Gordon Kristopher
  • uploads///oil rig
    Energy & Utilities

    Hedge Funds’ Net Long Positions in US Natural Gas

    Hedge funds decreased their net bullish positions in US natural gas futures and options 1.9% to 186,799 on June 12–19.

    By Gordon Kristopher
  • uploads/// month WTI  Apr
    Company & Industry Overviews

    Last 2 Days: 10% Outsized Returns Seem to Disregard Long-Term Risks

    WTI (West Texas Intermediate) crude oil for May futures increased by 3.53% on April 7, 2015. Oil prices were $53.98 per barrel at the close of trade.

    By Gordon Kristopher
  • uploads///gasoline prices
    Miscellaneous

    Gasoline Futures Fell from 20-Month Highs

    Gasoline futures contracts for May delivery fell 3% to $1.65 per gallon on April 19, 2017. Prices fell due to the surprise build in US gasoline inventories.

    By Gordon Kristopher
  • uploads///gasoline inventory
    Macroeconomic Analysis

    US Gasoline Inventories: Highest Level since July 2016

    A larger rise in gasoline inventories limited the upside for gasoline prices. February gasoline futures rose 2.6% to $1.6 per gallon on January 11, 2017.

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

    Will the US Crude Oil Inventories Report Benefit Crude Oil Prices?

    US crude oil inventories hit an all-time high of 543.6 MMbbls in the week ending April 29, 2016. This will limit the upside potential for crude oil prices.

    By Gordon Kristopher
  • uploads///ng consumption
    Macroeconomic Analysis

    Natural Gas Consumption Rose 5.1% in the Week Ended May 8

    Last week, total US natural gas consumption increased by 5.1% week-over-week. Consumption increased by 0.8% compared to last week in the residential and commercial sectors.

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

    Oil Market Focuses on US Crude Oil Inventories and Output Cut

    Crude oil prices are up due to the expectation that major oil producers’ production cut will curb oversupply in the market.

    By Gordon Kristopher
  • uploads///Saudi Arabia
    Miscellaneous

    Saudi Arabia’s Real Crude Oil Production and Export Plans

    The EIA estimates that Saudi Arabia’s crude oil production rose by 50,000 bpd to 10.03 MMbpd in May 2017—the highest level in the last five months.

    By Gordon Kristopher
  • uploads///US crude oil production
    Miscellaneous

    EIA Raises Estimates for US Crude Oil Production in 2018

    The EIA (U.S. Energy Information Administration) reported that US crude oil production rose by 36,000 bpd (barrels per day) to 9,235,000 bpd between March 31 and April 7, 2017.

    By Gordon Kristopher
  • uploads///cushing
    Miscellaneous

    Cushing Inventories: Lowest Level since November 2016

    Cushing inventories could have fallen on June 30–July 7, 2017. Crude oil inventories at Cushing have fallen for the seventh straight week.

    By Gordon Kristopher
  • uploads///QCOM
    Financials

    Omega Advisors exits position in Qualcomm

    Last month, Qualcomm announced 4Q14 and fiscal 2014 earnings that missed estimates. Its revenue for 4Q14 was $6.69 billion, missing analysts’ expectations by $330 million.

    By Samantha Nielson
  • 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///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///forecast
    Macroeconomic Analysis

    Why Major Banks Upgraded Crude Oil Price Forecasts

    The rise in crude oil production from Libya and Iran in 2017 could pressure crude oil (PXI) (USL) (USO) (UCO) prices.

    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///US crude oil production
    Miscellaneous

    What Could Offset OPEC’s Crude Oil Production Cut Deal?

    US crude oil production rose by 22,000 bpd to 9,342,000 bpd on May 19–26, 2017. Production is near the highest level since August 14, 2015.

    By Gordon Kristopher
  • uploads///distillates
    Macroeconomic Analysis

    US Distillate Inventories Are near a 7-Year High

    The EIA (U.S. Energy Information Administration) reported that US distillate inventories fell by 0.7 MMbbls to 170.1 MMbbls from February 3–10, 2017.

    By Gordon Kristopher
  • uploads///us crude oil inventories
    Miscellaneous

    Surprise Build in US Crude Oil Inventories Hurt Oil Prices

    The EIA reported that US crude oil inventories rose by 3.3 MMbbls (million barrels) to 513.2 MMbbls between May 26, 2017, and June 2, 2017.

    By Gordon Kristopher
  • uploads///US distillates
    Energy & Utilities

    US Distillate Inventories Fell for the Fourth Time in 5 Weeks

    The EIA reported that US distillate inventories fell by 1.9 MMbbls (million barrels) to 149.5 MMbbls on July 14–21, 2017.

    By Gordon Kristopher
  • uploads///OPEC
    Macroeconomic Analysis

    OPEC’s Falling Production Might Impact US Crude Oil Production

    Major producers’ production cut deal led to a fall in OPEC’s crude oil production by 30,000 bpd to 32.19 MMbpd in February 2017—compared to January 2017.

    By Gordon Kristopher
  • uploads///US NG Inv
    Macroeconomic Analysis

    Explaining the Rising US Natural Gas Inventories and Falling Prices

    The EIA report for the week ending September 25 showed that US natural gas inventories increased by 98 Bcf, rising to 3,538 Bcf that week.

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

    Southwestern Energy: Outlook for 2016 and Income Sensitivities

    Southwestern Energy (SWN) anticipates its 2016 net loss to lie in the range of $160 million–$180 million compared to a net income of $71 million in 2015.

    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///power
    Macroeconomic Analysis

    US Power Generation Declined 4 Weeks in a Row

    During the week ended October 2, 2015, the United States saw its fourth straight weekly decline in US power generation.

    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///DNR Q Post Analysts
    Earnings Report

    Median Price Target from Wall Street Indicates Upside for Denbury Resources

    Currently, ~11% of Wall Street analysts rate Denbury Resources (DNR) as a “buy” and ~61% of analysts rate it as a “hold.” Around 28% rate the stock as a “sell.”

    By Nicholas Chapman
  • uploads///Sector Performances of SPYs Component Sectors
    Macroeconomic Analysis

    Component Sectors of SPY Continued Their Upward Trend

    The past week saw one of the worst market performances in the US since the 2008 recession.

    By Renee Blakely
  • uploads///NG produ
    Macroeconomic Analysis

    Natural Gas Production Rises from the Lower 48 States

    Natural gas production from the lower 48 states in the US rose week-over-week. It rose slightly by 0.30% to 80.21 Bcf per day for the week ending July 21.

    By Gordon Kristopher
  • uploads///ANR
    Earnings Report

    Cabot Oil and Gas: What Do Analysts Recommend after 1Q16 Results?

    Following Cabot Oil and Gas’s (COG) 1Q16 earnings, Wall Street analysts updated their target prices for the company for the next 12 months.

    By Keisha Bandz
  • uploads///BSX
    Financials

    Omega Advisors eliminates position in Boston Scientific

    Boston Scientific Corporation is a worldwide developer, manufacturer, and marketer of medical devices that are used in a broad range of interventional medical specialties

    By Samantha Nielson
  • uploads///CIM
    Financials

    Omega Advisors lowers position in Chimera Investment

    Chimera Investment invests in residential mortgage loans, residential mortgage-backed securities, real estate-related securities and various other asset classes. Chimera declared a fourth-quarter 2014 cash dividend of $0.09 per common share.

    By Samantha Nielson
  • uploads///ng prices
    Energy & Utilities

    Natural gas prices rebound to their “pre-injection” levels

    Natural gas prices started the week by falling almost 3% as an arctic blast, which boosted prices last week, gave way to warmer temperatures. Prices closed at $4.15 MMBtu on Monday.

    By Keisha Bandz
  • Energy & Utilities

    Apache drives shareholder value with repurchases and dividends

    Apache said in its annual regulatory filing that by 2013, it completed more than $7 billion in asset sales—the proceeds were utilized to pay down nearly $2.6 billion of debt and to repurchase $1 billion of shares under a 30-million share repurchase program authorized by the company’s board.

    By Samantha Nielson
  • uploads///p
    Energy & Utilities

    Top Upstream Gainers in the Trailing Week

    On November 12–19, upstream stock Concho Resources (CXO) gained the most on our list of upstream energy stocks.

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

    Smaller Rise in US Natural Gas Inventories Helped the Prices

    The EIA reported that US natural gas inventories increased by 24 Bcf (billion cubic feet) to 2,273 Bcf on July 13–20.

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

    Decoding US Natural Gas Inventories from June 22 to 29

    On July 6, the EIA (U.S. Energy Information Administration) released its natural gas storage report.

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

    US Natural Gas Inventories: Lowest since 2014 This Time of Year

    On June 7, the EIA reported that US natural gas inventories rose 92 Bcf to 1,817 Bcf from May 25 to June 1.

    By Gordon Kristopher
  • uploads///stock
    Earnings Report

    How Have SGY, SD, MUR, QEP, and SWN Performed?

    Stock performance In this final part of our series, we’ll discuss Stone Energy’s (SGY), Sandridge Energy’s (SD), Murphy Oil’s (MUR), QEP Resources’ (QEP), and Southwestern Energy’s (SWN) stock performance. As we saw in the previous part, these companies had the lowest last-12-month EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratios as […]

    By Keisha Bandz
  • uploads///EVEBITDA
    Earnings Report

    These Upstream Companies Have the Lowest Valuation Ratios

    Top five upstream stocks by valuation In this part, we’ll compare stocks’ adjusted EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) ratios. Enterprise value is the sum of a company’s market capitalization and debt, minus cash and cash equivalents. A low EV-to-EBITDA ratio indicates that a company may be undervalued. Let’s look at the five […]

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

    Some Energy Stocks Gained More than Oil Last Week

    Tallgrass Energy Partners (TEP) was the fourth-highest gainer on our list of energy stocks last week.

    By Rabindra Samanta
  • uploads///Energy MWU_ UPSTREAM Gainers
    Energy & Utilities

    Which Upstream Company Is the Biggest Gainer This Week?

    So far this week, Legacy Reserves (LGCY) has risen from its last week’s close of $1.49 to $1.63 on October 10—a significant rise of more than 9%.

    By Nicholas Chapman
  • uploads///US crude oil production
    Energy & Utilities

    US Crude Oil Production Hit July 2015 High

    US crude oil production is at the highest level since July 2015. US crude oil (UCO) (UWT) prices have fallen 12.5% year-to-date due to high production.

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

    Iran’s Crude Oil Production Was Flat in August 2017

    The EIA estimates that Iran’s crude oil production was flat at 3.8 MMbpd (million barrels per day) in August 2017—compared to July 2017.

    By Gordon Kristopher
  • uploads///bakken position
    Company & Industry Overviews

    Key Observations on Whiting Petroleum’s Performance in the Bakken

    The Bakken region has one of the highest break-even oil prices near $55 per barrel.

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

    US Dollar down Almost 12% since January 2017

    The US Dollar Index fell 0.36% to 92.96 on August 11. It fell ~0.5% last week. The US dollar fell due to the following reasons.…

    By Gordon Kristopher
  • uploads///gasoline inventory
    Energy & Utilities

    Analyzing US Crude Oil and Gasoline Inventories

    The API estimates that US gasoline inventories rose by 1.5 MMbbls (million barrels) on July 28–August 4, 2017.

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

    Russia’s Crude Oil Production Was Flat Again

    The Russian Energy Ministry estimates that Russia’s crude oil production was flat at 10.95 MMbpd in July 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///cush
    Miscellaneous

    Cushing Inventories Fell for the Ninth Time in 10 Weeks

    The EIA (U.S. Energy Information Administration) will release weekly data on crude oil and gasoline inventories on June 28, 2017.

    By Gordon Kristopher
  • uploads///Gasoline Inventories
    Miscellaneous

    US Gasoline Inventories Could Help Crude Oil Bulls

    The EIA reported that US gasoline inventories fell by 0.6 MMbbls to 241.9 MMbbls on June 9–16, 2017. Inventories rose 1.8% from the same period in 2016.

    By Gordon Kristopher
  • uploads///US crude oil production
    Miscellaneous

    EIA, IEA, and OPEC Expect US Crude Oil Production to Rise

    The EIA (U.S. Energy Information Administration) reported that US crude oil production rose by 12,000 bpd to 9,330,000 bpd on June 2–9, 2017.

    By Gordon Kristopher
  • uploads///Major oil producers
    Miscellaneous

    OPEC Extended the Output Cut Deal, S&P 500 Hit a Record

    The S&P 500 rose 0.1% to 2,415.8 on May 26, 2017—the highest level ever. The S&P 500 rose due to a rise in the consumer discretionary sector on May 26.

    By Gordon Kristopher
  • uploads///cush
    Miscellaneous

    Will Cushing Crude Oil Inventories Fall for 5th Consecutive Week?

    Market surveys estimate that Cushing crude oil inventories fell between May 5 and May 12, 2017. A fall in crude oil inventories at Cushing could support US crude oil (USO) (UCO) (RYE) prices.

    By Gordon Kristopher
  • uploads///dxy
    Miscellaneous

    US Dollar Could Impact Crude Oil Prices in 2Q17

    The US Dollar Index rose 1.3% to 100.2 on March 31, 2017, compared to previous week. The dollar hit a high of 103.8 on January 3, 2017.

    By Gordon Kristopher
  • uploads///US oil production
    Macroeconomic Analysis

    US Crude Oil Production Is near a 1-Year High

    The EIA reported that US crude oil production rose by 20,000 bpd (barrels per day) to 9,129,000 bpd from March 10–17, 2017.

    By Gordon Kristopher
  • uploads///CNX Q Pre Coal Production
    Earnings Report

    Analyzing Consol Energy’s 2016 Coal Production Guidance

    For 2016, Consol Energy’s (CNX) Pennsylvania mining operations, which is part of its coal division, expects coal production of 23.6 million–24.4 million tons.

    By Nicholas Chapman
  • uploads///DVN Q Tender Offers Analysts
    Company & Industry Overviews

    Devon Energy Is Trading below Analysts’ Median Target Price

    Currently, ~24% of Wall Street analysts rate Devon Energy (DVN) as a “strong buy,” ~47% rate it as a “buy,” and ~26% rate it as a “hold.”

    By Nicholas Chapman
  • uploads///MRO Q Analyst Recommendations
    Company & Industry Overviews

    Marathon Oil Trading above Its Wall Street Median Target Price

    Currently, ~17% of Wall Street analysts rate Marathon Oil (MRO) as a “strong buy,” ~17% of analysts rate it as a “buy,” ~63% of analysts rate it as a “hold,” and only ~3% of analysts rate it as a “sell.”

    By Nicholas Chapman
  • uploads///ECA Q Post Analysts
    Earnings Report

    Wall Street Analysts’ Forecasts after Encana’s 3Q16 Earnings

    Currently, ~46% of Wall Street analysts rate Encana (ECA) as a “buy” and ~36% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///MRO Q Pre Analysts
    Earnings Report

    Wall Street’s Pre-Earnings Recommendations for Marathon Oil

    As of October 26, ~38% of analysts covering Marathon Oil issued a “buy” recommendation on the stock, and ~55% issued a “hold.” About 7% issued “sells.”

    By Nicholas Chapman
  • uploads///COP Q Analysts
    Basic Materials

    ConocoPhillips Is Trading Near Wall Street’s Lowest Target Price

    Currently, 33% of Wall Street analysts rate ConocoPhillips (COP) a “buy,” and 66% of them rate it a “hold.” There are no “sell” ratings for the stock.

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

    Chesapeake Energy: A Natural Gas–Weighted Upstream Company

    Natural gas’s share as a percentage of Chesapeake’s total production has mostly remained steady near an average of ~72% since 2Q14.

    By Keisha Bandz
  • uploads///EARNINGS
    Earnings Report

    Chesapeake Energy’s 2Q16 Earnings Missed Analysts’ Estimates

    Chesapeake Energy (CHK) reported its 2Q16 earnings on August 4, 2016. Its 2Q16 revenue was ~$1.6 billion versus an estimate of ~$2 billion.

    By Keisha Bandz
  • uploads///DVN Q Post Analysts
    Earnings Report

    What Analysts Forecast for Devon Energy after 2Q16 Results

    Currently, ~71% of Wall Street analysts rate Devon Energy (DVN) as a “buy,” and ~26% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///EARNINGS
    Earnings Report

    Did Cabot Oil and Gas’s 2016 Operating Plan Deliver in 2Q?

    Cabot Oil and Gas (COG) reported its 2Q16 earnings on July 29. Its 2Q16 revenue was $274 million versus analyst estimates of $276 million.

    By Keisha Bandz
  • uploads///prod
    Earnings Report

    Chesapeake Energy’s 2016 Guidance and Production Trends

    For 2016, Chesapeake Energy (CHK) expects its annual production to decline in the range of -5%–0%, adjusted for asset sales.

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

    Why the Weekly Natural Gas Consumption Rose Marginally

    PointLogic reported that US natural gas consumption rose marginally by 0.2% for the week ending June 1, 2016—compared to the previous week.

    By Gordon Kristopher
  • uploads///crude oil rig count
    Macroeconomic Analysis

    US Crude Oil Rig Count Tests Fresh Multi-Decade Low

    Baker Hughes published its weekly US crude oil rig count on May 13. The US crude oil rig count fell by ten to 318 rigs between May 6 and May 13, 2016.

    By Gordon Kristopher
  • uploads///oil
    Macroeconomic Analysis

    Crude Oil Is Volatile and API Inventory Data Are Mixed This Morning

    After starting this week on a weaker note and declining for two consecutive trading days, crude oil looks volatile on Wednesday morning.

    By Val Kensington
  • uploads///Iran production
    Macroeconomic Analysis

    What’s Next for the Crude Oil Mark in Iran?

    Iran is the third-largest oil producer in OPEC. Bloomberg projects that its crude oil production rose by 300,000 bpd to 3.5 MMbpd in April 2016 over March.

    By Gordon Kristopher
  • uploads///Oil
    Macroeconomic Analysis

    What’s Driving the Crude Oil Market?

    WTI and Brent crude oil look stable this morning ahead of the US inventory levels report. It will be released by the American Petroleum Institute later today.

    By Val Kensington
  • uploads///wti cRUDE VS bRENT
    Macroeconomic Analysis

    Why Did Oil Prices Rise This Morning?

    Oil prices rose early today because of the oil workers’ strike in Kuwait. Here’s what you need to know.

    By Val Kensington
  • uploads///NG inventory
    Macroeconomic Analysis

    Less-Than-Expected Rise in Natural Gas Inventory Supported Prices

    The US natural gas inventory rose by 15 Bcf (billion cubic feet) to 2,493 Bcf for the week ended March 18, 2016.

    By Gordon Kristopher
  • uploads///relative
    Macroeconomic Analysis

    Chesapeake Is Trading at a Premium Compared to Its Peers

    A peer group comparison shows that Chesapeake’s forward EV-to-EBITDA multiple of ~6.4x is higher than most of its peers.

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

    Southwestern’s Increased Debt Load Induced an 80% Capex Cut

    Southwestern Energy is one of the primary victims of low energy prices. Things started going downhill for the company after it spent ~$5.4 billion to purchase oil and gas assets in the Marcellus shale from Chesapeake Energy in 2014.

    By Keisha Bandz
  • uploads///crude oil price forecast
    Macroeconomic Analysis

    Will Crude Oil Prices Hit $25 per Barrel?

    Reuters suggested that Brent prices will average ~$40 per barrel in 2016. The Bank of Abu Dhabi suggests that crude oil prices could test $20 per barrel in the short term.

    By Gordon Kristopher
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