Energy Select Sector SPDR® ETF

Latest Energy Select Sector SPDR® ETF News and Updates

  • The MPLX crude oil pipeline system
    Company & Industry Overviews

    The MPLX crude oil pipeline system

    MPLX crude pipelines are connected to supply hubs, and transport crude oil to Marathon Petroleum Corporation’s, or MPC’s, refineries and third parties.

    By Keisha Bandz
  • ConocoPhillips: 2015 Operational Highlights, 2016 Guidance
    Earnings Report

    ConocoPhillips: 2015 Operational Highlights, 2016 Guidance

    ConocoPhillips’s (COP) total production volume in 2015 was 1,589 Mboe/d excluding Libya. This represents a 5% year-over-year growth after adjusting for asset dispositions and downtime.

    By Keisha Bandz
  • Introduction to the Permian Basin — Part 2: Geography of the Permian Basin
    Energy & Utilities

    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”.

    By Ingrid Pan
  • What is XLE? Exploring Midstream Energy Company Exposure
    Macroeconomic Analysis

    What is XLE? Exploring Midstream Energy Company Exposure

    Companies in the midstream sector that are included in the XLE portfolio include Kinder Morgan, Oneok, the Williams Company, and Spectra Energy.

    By Liam Odalis
  • 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
  • An investor’s guide to Spectra Energy Corp. and its earnings
    Energy & Utilities

    An investor’s guide to Spectra Energy Corp. and its earnings

    Spectra Energy Corp. (SE), headquartered in Houston, Texas, owns and operates a large and diversified portfolio of natural gas–related assets in North America.

    By Keisha Bandz
  • Overview: ONEOK Partners and its 3 operating segments
    Energy & Utilities

    Overview: ONEOK Partners and its 3 operating segments

    ONEOK Partners (OKS) is a master limited partnership (or MLP) engaged in gathering, processing, storing, and transporting natural gas and natural gas liquids (or NGLs) in the U.S.

    By Keisha Bandz
  • XLE Outperforms USO Last Week
    Macroeconomic Analysis

    XLE Outperforms USO Last Week

    The Energy Select Sector SPDR ETF (XLE) fell 0.66% in the week ended September 11. XLE tracks a diverse group of 45 of the largest American energy stocks in the S&P 500 Index (SPX).

    By Keisha Bandz
  • How does Occidental Petroleum compare to industry peers?
    Energy & Utilities

    How does Occidental Petroleum compare to industry peers?

    In terms of profitability, OXY has the highest profit margins amongst its peers at 24.2%. OXY also has one of the highest dividend yields at 2.85%.

    By Keisha Bandz
  • Overview of US Gulf Coast 3:2:1 Crack Spread
    Macroeconomic Analysis

    Overview of US Gulf Coast 3:2:1 Crack Spread

    Crack spreads usually fall when crude oil prices (USO) increase by more than product prices, or when product prices fall more than crude oil prices.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    US oil rig counts continue to rally, reaching a year-to-date high

    Last week, the Baker Hughes oil rig count increased from 1,423 to 1,425, reaching the highest level since 2014 began.

    By Ingrid Pan
  • uploads///DMA
    Company & Industry Overviews

    HollyFrontier’s Stock: Trading Below Moving Averages

    Refining companies’ stock performance was affected by the abolition of the crude oil export ban in the United States.

    By Maitali Ramkumar
  • 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.

    By Alex Chamberlin
  • uploads///Permian
    Macroeconomic Analysis

    Permian Basin activity: A key indicator of energy sector health

    This was the seventh straight weekly decline in the Permian Basin oil rig count. Overall, the weekly US crude oil rig count was down 4%.

    By Alex Chamberlin
  • uploads///WTI BRENT
    Macroeconomic Analysis

    The WTI-Brent crude oil discount narrows

    The divergence between WTI and Brent narrowed last week, as a slowdown in Cushing offered a glimmer of hope, causing WTI to rise.

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

    Analyzing National Oilwell Varco’s Free Cash Flow

    National Oilwell Varco’s cash from operating activities (or CFO) rose by more than four times in 1Q16 compared to 1Q15.

    By Alex Chamberlin
  • uploads///Guidance
    Energy & Utilities

    Why next quarter looks better for BHI’s international markets

    In Latin America, BHI expects year-end product sales to increase. It also expects the offshore Mexico rig activity to increase.

    By Alex Chamberlin
  • uploads///MOVING AVG
    Company & Industry Overviews

    Placing Apache’s Stock Compared to Its Peers

    Apache’s stock has fallen almost 20% this year. However, since October, it has remained above approximately $47 on an average.

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

    Traders Are Tracking OPEC’s Meeting on June 22

    The crude oil production from OPEC and non-OPEC producers is expected to increase by 300,000 bpd–600,000 bpd in OPEC’s upcoming meeting.

    By Gordon Kristopher
  • Energy & Utilities

    Why improvement in Libya pushed down the crude price last week

    For most of the last two years, WTI crude oil has been range-bound between ~$85 per barrel and ~$110 per barrel.

    By Alex Chamberlin
  • uploads///image
    Miscellaneous

    Correlations between Energy ETFs and the Broader Market’s Moves

    In the seven calendar days to February 8, 2018, OIH, XOP, XLE, and AMLP fell 13.6%, 12.7%, 11.8%, and 8.2%, respectively.

    By Rabindra Samanta
  • uploads///US distillate stocks
    Energy & Utilities

    Why analysts were surprised by distillate inventories last week

    It’s expected distillate production will grow by the end of 2014. Refineries have built new facilities to produce more distillates than gasoline in anticipation of strong global demand growth.

    By Keisha Bandz
  • uploads///Ng inventory May
    Macroeconomic Analysis

    Is Natural Gas Supply and Demand Narrowing?

    Natural gas production from the lower 48 states of the US increased slightly by 0.6% to 79.82 Bcf as of May 20, 2015—compared to the previous week.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Rising Oil Inventories Spread Impacts Oil Prices

    US commercial crude oil inventories rose by ~9.5 MMbbls (million barrels) in the week ending on February 10, 2017—compared to the previous week.

    By Rabindra Samanta
  • uploads///Natural gas Production
    Energy & Utilities

    Why cold weather warms natural gas investors

    Last week, natural gas prices didn’t increase despite forecasts for cooler weather. The forecast called for weather that would be cooler, but not cold enough to cause freezing temperatures.

    By Keisha Bandz
  • uploads///Fleet
    Earnings Report

    Analyzing Rowan’s Rig Scrapping and Stacking Activity in 3Q15

    Offshore drilling (XLE) (IYE) is a capital-intensive industry requiring a large amount of money to keep rigs active and well-maintained.

    By Sue Goodridge
  • Macroeconomic Analysis

    Marcellus Shale: Why it’s key for US natural gas

    Natural gas prices in the northeastern US have increasingly been below the Henry Hub price. This is primarily because of the Northeast’s increased access to Marcellus natural gas production.

    By Alex Chamberlin
  • uploads/// Year Break Even Inflation Rate Movement with Commodity Prices
    Fund Managers

    Where Will Commodities Head during Trump’s Term?

    Donald Trump’s policies are aimed at strengthening job markets in the United States (VFINX) (IVV).

    By Sarah Sands
  • uploads///Consumer spending seasonal headwinds
    Macroeconomic Analysis

    Why the Gloomy GDP Estimate Is Not Cause for Panic

    There are several reasons why the gloomy GDP estimate is not cause for panic. The slowdown in GDP growth seems to be a temporary setback.

    By Jeffrey Rosenberg
  • uploads///stock performance
    Company & Industry Overviews

    Hess’s Key Management Objectives Investors Need to Know

    Hess’s (HES) key management objectives include taking several steps to counter lower commodity prices. These include capital and cost reductions.

    By Keisha Bandz
  • Financials

    4 must-know facts about rising inflation and your portfolio

    Recent readings have shown that inflation has stabilized, which is a good thing, but signs of an imminent acceleration in inflation are still scant.

    By Russ Koesterich, CFA
  • uploads///Permian
    Macroeconomic Analysis

    Why the Permian Basin is the key indicator for oil rig counts

    According to the U.S. Energy Information Administration (or EIA), the Permian Basin is the largest crude oil–producing region in the US.

    By Alex Chamberlin
  • uploads///STOCK
    Energy & Utilities

    What Drove Whiting Petroleum Stock in 2017?

    Whiting Petroleum (WLL) stock rose 5.3% in the week ending December 29 from the previous week. However, the stock fell ~47.6% by the end of 2017.

    By Keisha Bandz
  • uploads///SP  Energy vs Equity
    Earnings Report

    Key Analysis of Chevron’s Fiscal 3Q15 Earnings

    Chevron (CVX) announced its third quarter earnings on October 30, 2015. Chevron saw new positions in 870 institutional investors’ portfolios in fiscal 2Q15.

    By Sam Johnson
  • uploads///US Total Rig Counts
    Energy & Utilities

    Must-know: Why US rigs lost the most in 11 months

    The U.S. total rig count decreased by 17 rigs—from 1,913 to 1,896—during the week ending August 22. This marked the first rig count decline in the past five weeks. The decline was also the largest since late September 2013.

    By Alex Chamberlin
  • uploads///WTI Brent
    Macroeconomic Analysis

    WTI–Brent Spread Continues to Diverge: Who Gains and Who loses?

    WTI (West Texas Intermediate) crude oil’s discount to Brent crude oil widened in the week ended August 14 over the previous week.

    By Keisha Bandz
  • uploads///COP WU_ Price
    Energy & Utilities

    ConocoPhillips Stock Outperforms Crude Oil

    The price of natural gas (UNG) rose ~5% last week. It rose from $2.92 per mmBtu (million British thermal units) to $3.07 per mmBtu. ConocoPhillips’s production volume mix contains ~40% natural gas.

    By Nicholas Chapman
  • uploads///Comps
    Energy & Utilities

    Snapshot: Valuing Williams Companies compared to its peers

    Enterprise Products Partners (EPD) is the largest company by market capitalization and enterprise value, or EV, among its closest peers. By market cap, Williams Companies (WMB) follows next.

    By Alex Chamberlin
  • uploads///distillate
    Macroeconomic Analysis

    Distillate inventories continued to decline

    Distillate demand and stock levels drive crude demand and crude prices. As a result, energy investors watch distillate inventories closely.

    By Keisha Bandz
  • uploads///Returns
    Macroeconomic Analysis

    Investors respond differently to upstream companies’ capex plans

    In this environment of crude oil prices declining sharply and staying low, investors continue to favor stocks that are increasing investments.

    By Alex Chamberlin
  • 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///kitimat
    Earnings Report

    Why Chevron is cutting spending on some projects

    Chevron has cut spending on the Kitimat liquefied natural gas project (or LNG) in Canada due to falling crude prices.

    By Keisha Bandz
  • uploads///natural gas quant
    Miscellaneous

    Natural Gas Prices: Is a Reversal Possible?

    On July 19, 2017, natural gas August futures closed at $3.07 per MMBtu (million British thermal units), 0.7% below their previous settling price.

    By Rabindra Samanta
  • uploads///Energy MWU_ Commodities
    Miscellaneous

    How Energy Commodities Performed from June 18–20

    Energy stocks are rising this week. The Energy Select Sector SPDR ETF (XLE) has risen 1.2% from June 18–20.

    By Nicholas Chapman
  • uploads///
    Energy & Utilities

    Why US oil rigs have been trending downward since mid-year

    Oil rig counts decreased last week, down ~4% since June Last week, the Baker Hughes oil rig count decreased from 1,367 to 1,361. Oil rig counts have been on a slight downward trend since mid-year. Rigs drilling for oil peaked this year in June, at 1,413, but have since fallen about 4%. Though the drop […]

    By Ingrid Pan
  • uploads///U
    Energy & Utilities

    Does a falling US rig count signal a trend?

    Rig counts tell us how many rigs are actively drilling for oil and gas. They can be an indication of oil and gas producers’ confidence.

    By Alex Chamberlin
  • uploads///US ng rig count June   charts
    Macroeconomic Analysis

    Natural Gas Prices and Gas Rigs Move in the Same Direction

    On Friday, June 5, Baker Hughes released the weekly natural gas rig count report. As expected, natural gas rigs fell by three to 222 for the week ending June 5.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Energy ETFs Could Be More Aligned to Equity Markets than Oil

    In the trailing week, OIH rose 0.5%—the only energy ETF on our list that closed in the green. US crude oil futures rose 2.6%.

    By Rabindra Samanta
  • uploads///US Inventory July
    Macroeconomic Analysis

    Crude Oil Prices Rise for the Second Day, Led by EIA Inventory Data

    The unexpected fall in crude oil inventory supported crude oil prices. The fall in US imports might have led to the fall in the US oil inventory.

    By Gordon Kristopher
  • uploads///Segment
    Earnings Report

    Waiting for the Numbers: Valero’s 4Q15 Earnings and Refining Margin Trend

    In 3Q15, Valero noted a rise in its gross refining margin by $2.6 per barrel to $14.4 per barrel, compared to what we saw in 3Q14.

    By Maitali Ramkumar
  • Miscellaneous

    Behind the scenes of the Halliburton-Baker Hughes merger

    On October 13, Halliburton proposed to acquire Baker Hughes’ shares without prior notice. After receiving BHI’s counter proposal, Halliburton refused to increase its first value proposal.

    By Alex Chamberlin
  • Energy & Utilities

    Must-know: Petroleum doing well, but potash is slow

    Total petroleum production increased by 4% in fiscal year 2014 (or FY14). However, the highlight was the increase in liquids production. It was supported by a 73% increase in Onshore U.S. liquid volumes and nearly doubled production at Atlantis. This is important to note because liquid volumes are more profitable.

    By Anuradha Garg
  • uploads///
    Consumer

    The reason behind the 6% increase in the US rig counts this year

    The U.S. rig counts dropped last week, but are still up significantly year-to-date and have increased by 103, or 6%.

    By Ingrid Pan
  • uploads///Energy Sector in February
    Energy & Utilities

    What Put Pressure on the Energy Sector in February 2018?

    The US energy sector was badly affected by the recent market sell-off in February 2018.

    By Sarah Sands
  • uploads///WTI crude oil price
    Macroeconomic Analysis

    Will Amazon benefit from the decline in oil prices?

    Reducing oil prices are good news for e-commerce players. Oil prices have declined by about 60% over the past six months.

    By Puneet Sikka
  • uploads///STOCK
    Earnings Report

    What Drove Oasis Petroleum’s Stock Higher after Fiscal 4Q15?

    Following Oasis Petroleum’s (OAS) fiscal 4Q15 earnings release, OAS stock rose 3%. The stock has declined 71% year-over-year.

    By Keisha Bandz
  • uploads///
    Consumer

    Why should investors pay attention to oil and gas rig counts?

    Many parties in the energy industry and investing community monitor oil and gas rig counts as one measure of drilling activity.

    By Ingrid Pan
  • uploads///kmi was stable in
    Company & Industry Overviews

    Why Kinder Morgan Rose 3% Last Week

    Kinder Morgan (KMI) rose 2.9% in the week ended Monday, June 5, 2017, recovering from some of its previous losses.

    By Rekha Khandelwal, CFA
  • uploads///NG prices
    Energy & Utilities

    Key insight: Why natural gas prices remain bearish

    Natural gas prices started the week by falling ~2.4% to $3.67 MMBtu (million British thermal units) on Monday. This was the lowest close in 11 months.

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

    Total’s Business Segments: Refining and Chemicals Boost Earnings

    Changing oil prices have changed the segment dynamics within Total (TOT). The Upstream segment, which contributed 48% of the net adjusted operating earnings in 1Q15, contributed 27% in 1Q16.

    By Maitali Ramkumar
  • uploads///inventory may  may
    Macroeconomic Analysis

    Will the API Inventory Report Lead the Crude Oil Price Drop?

    Rising refinery utilization and declining US output will support crude oil prices. This is positive for crude oil prices.

    By Gordon Kristopher
  • uploads///   WTI Crude Oil Prices SR
    Energy & Utilities

    Must-know: Why have oil prices remained buoyant lately?

    Crude oil prices have remained buoyant lately, with last week’s rally mostly driven by higher-than-expected U.S. GDP growth.

    By Ingrid Pan
  • uploads///Drilling Permits_New Logo
    Energy & Utilities

    No Drilling Permits in the Gulf of Mexico in May

    In May, no drilling permits were issued in the shallow waters of the Gulf of Mexico. In the first five months of 2018, only two were issued.

    By Sue Goodridge
  • 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///Energy sector
    Macroeconomic Analysis

    Why Is Apache Struggling with Its 100-Day Moving Average?

    Apache was trading 11.8% below its 100-day moving average. Since November 27, 2015, the stock has struggled to cross its 100-day moving average.

    By Sarah Sands
  • uploads///mexicos total liquids production
    Energy & Utilities

    Key analysis: Why Mexico desperately needed energy reforms

    Things were going pretty well for Mexico until 2004 when its oil production started declining. The decline was as a result of Cantarell’s—Mexico’s largest oilfield— depleting reserves.

    By Keisha Bandz
  • uploads///Revenue growth
    Earnings Report

    Schlumberger’s North American operations drove growth in 4Q14

    Schlumberger recorded topline and bottom-line growth in its North American operations due to continued efficiency improvements and new technology.

    By Alex Chamberlin
  • uploads///Inflation fell in November
    Macroeconomic Analysis

    Inflation Remains Subdued

    Inflation remains subdued by all measures. Since inflation is way below the Fed’s long-term target, the Fed can afford to keep interest rates lower for a little longer.

    By Russ Koesterich, CFA
  • uploads///Broker Recommendation
    Earnings Report

    ExxonMobil: Wall Street analysts call it

    Approximately 35% of Wall Street analysts tracking ExxonMobil (XOM) rate it a “buy.” Approximately 10% of the analysts recommend a “sell.”

    By Alex Chamberlin
  • 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///distillate stocks
    Macroeconomic Analysis

    Update: Distillate inventory movement

    Inventories provide a useful snapshot of distillate demand and supply trends, particularly near and during the winter months.

    By Keisha Bandz
  • uploads///marketed natural gas production
    Energy & Utilities

    Why natural gas production trends are so important to prices

    Record-high production levels have ensured that adequate supply of natural gas is available before the winter starts. The EIA anticipates that inventory levels will be 3,532 bcf by the end of this month.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    Spread between WTI crude oil and Brent oil has closed in significantly since YE2012

    The WTI-Brent spread remained relatively unchanged last week, but has closed in significantly since year-end 2012.

    By Ingrid Pan
  • 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///STOCK
    Energy & Utilities

    Why EQT Stock Fell after Its 3Q17 Earnings

    After EQT’s 3Q17 earnings release on October 26, its stock fell ~1.3%. The stock likely fell due to the 3Q17 revenue miss and fall in natural gas prices.

    By Keisha Bandz
  • Energy & Utilities

    Why Brazil is a long-term commitment for Petrobras

    Petrobras’ (PBR) oil and gas production from Brazil was more than 90% of its total upstream energy production. In 2013, ~96% of its total reserves were in Brazil.

    By Alex Chamberlin
  • uploads///image
    Miscellaneous

    Why Energy Could Spell Worry for Wall Street Bulls

    US crude oil (USO) (USL) April futures fell 6.3% between March 2, 2017, and March 9, 2017. The fall in XLE corresponded with weakness in crude oil prices.

    By Rabindra Samanta
  • uploads///BHI HAL BHI basics
    Miscellaneous

    Baker Hughes basics

    Baker Hughes (BHI) is a leading supplier of oilfield services, products, technology, and systems to the worldwide oil and natural gas industry.

    By Brent Nyitray, CFA, MBA
  • uploads///COP WU_ Price Performance
    Miscellaneous

    What Just Happened to ConocoPhillips Stock?

    Last week (ended May 26), crude oil prices fell from $50.67 per barrel to $49.80 per barrel.

    By Nicholas Chapman
  • uploads///Backlog
    Earnings Report

    Prepping for Noble Corporation’s 2Q17 Results

    Noble Corporation plans to release its 2Q17 results on August 3, 2017, after the markets close. It will have a conference call on August 4, 2017.

    By Sue Goodridge
  • uploads///Permian
    Macroeconomic Analysis

    Permian Basin activity signals changes to oil rig count

    Rig counts in the Permian Basin can gauge drilling activities for upstream companies. The Permian Basin rig count is now at its lowest since May 2011.

    By Alex Chamberlin
  • uploads///vlo earnings
    Earnings Report

    Valero Energy beats expectations with its 4Q 2014 earnings

    Valero Energy (VLO) released its fourth quarter earnings on January 29. The company reported a net income of $1.2 billion.

    By Keisha Bandz
  • Consumer

    The must-know relationship between oil rigs and crude prices

    The previous parts of this series (parts 8 and 9) explained the counterintuitive relationship between low natural gas prices, falling rigs, and rising natural gas production. Oil rigs have a simpler relationship with crude oil prices and oil production.

    By Alex Chamberlin
  • uploads///Lower  Operations
    Energy & Utilities

    A must-know overview of ConocoPhillips’ operations in the US

    The lower 48—representing the largest business segment in COP—consists of operations located in the U.S. lower 48 states plus Latin America.

    By Keisha Bandz
  • uploads///WTI Price Movement in July %E%%
    Energy & Utilities

    Why oil prices spiked on tensions in Gaza and Ukraine

    Early last week, WTI crude oil had eased to close to $99 following Libya’s restarting exports from major ports and abating fears over supply disruptions in Iraq.

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

    Could Crude Oil Prices Give Chesapeake Stock a Much-Needed Boost?

    Chesapeake Energy (CHK) stock has been choppy in the last few weeks, and its stock has been following the movements in energy prices. Since the beginning of 2017, CHK stock has fallen 28%.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    WTI-Brent crude oil spread moves wider on Libya disruptions

    The spread between WTI crude and Brent crude moved wider on Libya supply disruptions.

    By Ingrid Pan
  • uploads///supply outage and crude oil prices
    Macroeconomic Analysis

    Global Crude Oil Supply Outages Impact Crude Oil Prices

    The EIA estimates that global crude oil supply outages fell by 38,000 bpd to 2,284,000 bpd in November 2016—compared to the previous month.

    By Gordon Kristopher
  • uploads///Driling and Evaluation Revenues
    Earnings Report

    Why Halliburton’s Drilling and Evaluation segment did poorly in 4Q14

    In 4Q14, revenues in the Drilling and Evaluation segment increased 6.5% to $3.29 billion from $3.09 billion recorded in 4Q13.

    By Alex Chamberlin
  • uploads///STOCK
    Miscellaneous

    How Has Cabot Oil & Gas Stock Performed in 2017?

    Unlike most energy stocks, Cabot Oil & Gas (COG) stock has increased this year. Since January, Cabot Oil & Gas stock has risen ~10%.

    By Keisha Bandz
  • uploads///NA vs International revenue
    Earnings Report

    Why Schlumberger’s North American operations held ground

    In 4Q14, Schlumberger’s revenues from its North American operations increased 18.5% to $4.32 billion.

    By Alex Chamberlin
  • uploads///US Total Rigs
    Consumer

    Must-know: Why the US total rig count increased last week

    U.S. total rig count increases by six The U.S. total drilling rig count increased by six rigs, from 1,883 to 1,889, during the week ending August 1 according to Baker Hughes, which publishes rig counts every week. The number of oil rigs increased by 11, while the number of natural gas rigs decreased by five. […]

    By Alex Chamberlin
  • uploads///Net debt and Change in total debt
    Company & Industry Overviews

    Who’s the energy company achiever, and who are the laggards?

    Let’s see which energy company stands out as the most efficient in reducing debt loads and improving leverage ratios and which ones are laggards.

    By Alex Chamberlin
  • uploads///US Crude oil rigs  July
    Macroeconomic Analysis

    Crude Oil Rigs Could Fall More as the Bloodbath Continues

    Baker Hughes will release the weekly crude oil rig count report on July 24, 2015. The crude oil rig count fell by seven to 638 for the week ending July 17.

    By Gordon Kristopher
  • uploads///US Crude Inventories
    Macroeconomic Analysis

    Why energy investors monitor the EIA’s crude inventory report

    Analysts had expected a decrease of 2.5 million barrels in crude inventories last week. We’ll discuss actual changes in the crude inventory in this series.

    By Keisha Bandz
  • uploads///
    Energy & Utilities

    Must-know: Why oil traded flat on the latest inventory figures

    Oil traded flat on the latest inventories data, with a large build in crude oil stocks but declines in gasoline and distillate stocks.

    By Ingrid Pan
  • uploads///Broker
    Energy & Utilities

    Must-know: Halliburton’s 3Q14 earnings beat estimates

    Between 3Q12 and 3Q14, HAL’s adjusted earnings per share (or EPS) has increased 78%. HAL has drawn the attention of Wall Street analysts to review the results and give their recommendations and target price.

    By Alex Chamberlin
  • uploads///NG prices forecast
    Energy & Utilities

    Must-know: Crucial months unfold for natural gas prices

    In its Short-Term Energy Outlook (or STEO) report, the U.S. Energy Information Administration (or EIA) forecasted higher natural gas prices this winter.

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

    Chesapeake Energy Is Trading In-Line with Its Historical Multiples

    Chesapeake Energy’s 4Q15 EV-to-EBITDA multiple is in-line with its historical average of ~5.8x. The market value of its equity declined by ~71% year-over-year.

    By Keisha Bandz
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