Rosetta Resources Inc
Natural Gas Prices Fall Again due to the Mild Weather Forecast
Natural gas futures contracts for August delivery fell by 1.77% and settled at $2.82 per MMBtu on July 20. Natural gas prices fell due to the mild weather forecast.
Natural Gas Prices Slump after the EIA Inventory Release
A better-than-expected inventory increase led to a decline in natural gas prices on July 16.
Natural Gas Prices Hit Monthly Highs on Warmer Weather Forecasts
August natural gas futures contracts increased by 2.71% and closed at $2.91 per MMBtu on Wednesday, July 15, 2015.
Natural Gas Prices Fall ahead of the EIA’s Report
Natural gas prices fell by 0.84% and settled at $2.84 per MMBtu on Tuesday, July 14. Natural gas prices fell due to the consensus of rising natural gas stocks.
Natural Gas Prices Rise due to Warmer Weather Estimates
August natural gas futures rose for the third consecutive day. Natural gas prices rose by 3.24% and closed at $2.86 per MMBtu on July 13, 2015.
Crude Oil: Narrowing Global Inventories and Increasing Consumption
The EIA published its monthly STEO report on June 9. EIA estimates show that global crude oil consumption increased by 0.9 MMbpd to 92 MMbpd in 2014.
Crude Oil Inventory Report: API Data and Market Surveys Conflict
The EIA will publish the weekly crude oil inventory report on Wednesday, June 3, 2015. Last week, the US commercial crude oil stockpile fell by 2.8 MMbbls.
Natural Gas Charts: Natural Gas Could Hit New Highs
Bearish traders could see key support at $2.50 per MMBtu. Natural gas prices tested this level in April 2015. Oversupply factors will push natural gas prices lower.
Last Week’s Biggest Movers in the Upstream and Integrated Subsectors
In the week to May 8, WTI crude oil gained ~0.5%, while Henry Hub natural gas gained almost 4%. This series will look at how American energy companies fared last week.
Cushing Inventories Decline for the First Time since November 2014
US commercial crude oil inventories increased marginally last week. Inventories at Cushing, Oklahoma, declined for the first time since November 2015.
Citadel Advisors decreases position in Rosetta Resources
Rosetta Resources is an independent exploration and production company that operates mainly in the Eagle Ford Shale and Permian Basin.
Energy & Utilities
How does the production cost of crude oil affect oil prices?
Recent consensus says the production cost of crude oil could range from $20 to $25 per barrel.
Why the bottom fell out of crude oil
Oil markets had been watching what OPEC would do in its November 27 meeting. Crude oil fell ~30% since June. It decided to stay production levels. Crude oil dropped ~10% after the news.
A snapshot of Halcon Resources compared to its peers
Although Halcon’s quality of earnings is among the weakest in the group, its asset turnover ratio and projected earnings growth are in line with its peers.
Citadel Advisors ups position in Blackhawk Network
Blackhawk’s 3Q14 results saw 31% revenue growth due to robust sales of open loop gift cards and the acquisitions of InteliSpend and Retailo.
Citadel Advisors ups position in Angie’s List
Angie’s List is an online consumer review business that helps its members research, hire, rate, review, and purchase local services for critical needs.
Energy & Utilities
Citadel Advisors increases stake in Rosetta Resources
Rosetta said its production for the quarter averaged 73.5 MBoe/d, an increase of 44% from the corresponding period in 2013 and 20% from the prior quarter.
Citadel Advisors raises stake in JAKKS Pacific
Due to the enthusiastic response to its products from retailers, licensors, and consumers, JAKKS increased net sales guidance for the full year 2014.
Highlights from Citadel Advisors’ 13G filings
An analysis of 2Q14 hedge fund filings ranked Citadel and Renaissance the highest in terms of total equity holdings, followed by Millennium Management.
Tech & Comm Services
Magnetar Capital exits position in Boardwalk Pipeline Partners
Boardwalk Pipeline owns ~14,000 miles of natural gas and natural gas liquids (NGL) pipelines, as well as underground caverns for natural gas and NGL storage.