Decoding US Natural Gas Consumption Trends
PointLogic estimates that US natural gas consumption rose ~2.1% to 57.8 Bcf (billion cubic feet) per day from May 31 to June 6.
Tellurian Leads Upstream Gainers This Week
In the week starting November 20, 2017, Tellurian (TELL) rose from last week’s close of $11.73 to $12.66 on November 22, an increase of almost 8%.
Iran’s Oil Production and Exports Could Help Crude Oil Bulls
Reuters surveys estimate that Iran’s crude oil production decreased by 20,000 bpd to 3.80 MMbpd in May—compared to the previous month.
Tellurian-Petronet LNG Deal Comes Up at Howdy Modi
Tellurian Inc (TELL) is on the way to bag a big deal. On September 21, 2019, Tellurian signed a non-binding MoU with Petronet LNG Limited.
Are Hedge Funds Buying TELL, LGCY, AROC, and CLB?
In Q1 2018, ten hedge funds either created new positions or added to their positions in Tellurian (TELL).
EIA Upgrades US Natural Gas Consumption Forecasts for 2018
Market intelligence company Pointlogic estimates that US natural gas consumption fell ~0.9% to 57.3 Bcf (billion cubic feet) per day from June 7 to June 13.
Stock Comparison: REI, TELL, CDEV, SD, and EGN
Tellurian stock has risen 25.4% YoY (year-over-year), Energen stock has risen 25.3% YoY, and Centennial stock has risen 24% YoY.
Which Upstream Companies Had the Lowest Leverage?
Ring Energy’s leverage ratio as of the first quarter was ~1.09x. The company’s assets are mainly financed by equity.
Upstream Losses: SN, TELL, BBG, EPE, and EXXI
In the week starting on March 26, 2018, Sanchez Energy (SN) decreased from $3.31 to $3.11—a decrease of more than 6.0%.
Upstream Losses: NOG, TELL, GPOR, EPE, and REN
In the week starting on March 19, 2018, Northern Oil & Gas (NOG) decreased from $2.09 to $1.86—a significant decrease of ~11.0%.
Tellurian Eyeing Chesapeake’s Haynesville Assets—Is a Deal Imminent?
Amid reports that Tellurian (TELL) was considering purchasing Chesapeake Energy’s (CHK) Haynesville assets, CHK stock has been unsteady.
Will Chesapeake Energy Go Through with the Tellurian Deal?
Last week, on March 8, 2018, the media reported that Tellurian (TELL) was considering purchasing CHK’s Haynesville assets.
Analyzing Wall Street Targets for the Best-Performing Upstream Stocks
Currently, ~69.0% of Wall Street analysts tracking Kosmos Energy (KOS) rate it as a “strong buy” or “buy.”
Upstream Gainers This Week: Northern Oil & Gas Leads
In the week starting November 27, 2017, Northern Oil & Gas (NOG) has risen from its last week’s close of $1.24 to $1.41 on November 28, 2017, a significant rise of ~14%.
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%.
Upstream Losers: JONE, TELL, KOS, LPI, and ERF
In the week starting October 2, 2017, Jones Energy (JONE) has fallen ~9.0%, from $1.92 to $1.74. It has fallen every day so far this week.
Upstream Low Performers: PE, VET, ERF, AREX, and TELL
Having looked at the percentage gainers, we’ll now move on to the percentage losers from the oil and gas production—or upstream—sector in the United States this week.