June 21, 2021
“Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into 2022. Analysts led by Francisco Blanch… Continue Reading…
May 21, 2021
“Expected earnings growth The first shows the 20 largest energy companies in the S&P 1500 by market capitalization, with their consensus earnings estimates among analysts polled by FactSet for calendar 2021 and the following three years, if available. You may… Continue Reading…
May 18, 2021
“Used cars, homes, lumber, gas and chicken: What do they all have in common? They’re all getting more expensive. The stimulus-fueled economy is rebounding and Americans are again spending on shopping, traveling and eating out. But the pandemic is far from over, and supply-chain… Continue Reading…
May 17, 2021
“Even with outages slightly easing in many states, at least a third of gas stations were without fuel in Maryland, Virginia and Georgia, according to tracking firm GasBuddy. Roughly half of the stations in the Carolinas were lacking gasoline, and… Continue Reading…
May 17, 2021
“After series of takeover deals that reshuffling some shale oil stocks, Pioneer Natural Resources (PXD) now reigns as the top producer in the Permian Basin and is boosting returns to shareholders… Exxon Mobil (XOM) is the world’s largest publicly traded oil company by… Continue Reading…
May 14, 2021
“#1. Apache Corp: Smart Hedging Strategy… During its Q1 2021 earnings transcript, Apache revealed that prescient changes to its natural gas hedging strategy right before the February freeze hit Texas brought the company an unexpected windfall in the form of a first-quarter… Continue Reading…
April 19, 2021
“The oil and gas sector is currently enjoying a mini-boom cycle as economies gradually re-open and oil demand begins to return to a semblance of normalcy. The oil markets are in an upbeat mood once again, with oil futures trading… Continue Reading…
April 19, 2021
“The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers. Barely a fifth of the surplus that flooded into the storage tanks of developed economies when… Continue Reading…
April 8, 2021
“Oil prices ended higher on Wednesday, shaking off an earlier decline, as traders parsed U.S. government data showing a more-than-3-million-barrel decline in crude inventories, and a bigger-than-expected climb in gasoline inventories. Once traders “looked beneath the sticker shock” of a… Continue Reading…
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