All Posts Tagged With: "PTEN"
(EIA) U.S. Energy Department’s Weekly Inventory – Natural Gas Supplies Rise Further
The U.S. Energy Department’s weekly inventory release showed a lower-than-expected increase in natural gas supplies. However, the increase in storage was still well above the 5-year average rate, as mild weather continues to restrict the commodity’s demand for power...
(EIA) Oil and Gas Stock Outlook – October 2011 – Industry Outlook
OUTLOOK
Crude Oil
Mounting worries about Europe’s debt crisis, a persistently weak U.S. jobs market and less-than-encouraging guidance from the Federal Reserve have been weighing on investor sentiment, weakening oil prices to around $85...
(EIA) U.S. Energy Department Reports Large Natural Gas Build
The U.S. Energy Department’s weekly inventory release showed a higher-than-expected increase in natural gas supplies, attributable to sagging demand amid robust production.
The Weekly Natural Gas Storage Report – brought out by the Energy Information Administration...
(PTEN) U.S. Natural Gas Supply Keeps Growing
The U.S. Energy Department’s weekly inventory release showed a higher-than-expected increase in natural gas supplies, attributable to sagging demand amid robust production.
The Weekly Natural Gas Storage Report — brought out by the Energy Information Administration...
(BHI) U.S. Gains Six Oil-Drilling Rigs Over the Week
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country) to its highest level since...
(EIA) U.S. Energy Department’s Natural Gas Data In-Line
The U.S. Energy Department’s weekly inventory release showed a build-up in natural gas supplies towards the lower end of expectations. However, the increase in storage was still well above the 5-year average rate, as benign fall temperatures continue to restrict the...
(BHI) U.S. Drilling Rig Count at 34-Month High
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country) to its highest level since...
(PTEN) Patterson-UTI – Bull of the Day
We are upgrading Patterson-UTI Energy (PTEN) shares to Outperform from Neutral, reflecting strong demand for its services in North America. The company has been benefiting from increased activity in the unconventional...
(DVN) Energy Information Administration Reports Bearish Gas Build
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies on the back of higher production, as well as benign fall temperatures that restricted the commodity’s demand for power burn.
The Weekly Natural...
(BHI) U.S. Loses 10 Oil Rigs over the Week
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This...
(PTEN) Patterson-UTI – Bull of the Day
We are upgrading Patterson-UTI Energy (PTEN) shares to Outperform from Neutral, reflecting strong demand for its services in North America. The company has been benefiting from increased activity in the unconventional...
(EIA) U.S. Energy Department’s Inventory Release Showed 64 Bcf Added to Natural Gas Stocks
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies. Cooler temperatures throughout the country and continued power outages following Hurricane Irene tempered natural gas demand for power burn. This was...
(BHI) U.S. Drilling Rig Count Up by 1 Unit
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be...
(BHI) U.S. Oil Drilling Rig Use Falls by Seven Units
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily...
(DVN) Natural Gas Stockpiles Up 55 Bcf
The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected build-up in natural gas supplies on the back of increased cooling demand spurred by extremely hot weather in the Gulf Coast region.
The Weekly Natural Gas Storage Report brought...
(APC) U.S. Natural Gas Stocks Expand In Line With Forecasts
The U.S. Energy Department’s weekly inventory release showed an in-line build-up in natural gas supplies. An increase in domestic gas consumption – driven by cooling demand on the back of extremely hot weather conditions in regions of Texas – was offset by decline...
(BHI) U.S. Natural Gas Drilling Rig Count Hits 900
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This...
(HP) U.S. Natural Gas Stockpiles Increase 50 Billion Cubic Feet
The U.S. Energy Department’s weekly inventory release showed a slightly larger-than-expected build-up in natural gas supplies, as declining temperatures led to a considerable drop in consumption of natural gas for power generation.
The Weekly Natural Gas Storage...
(EIA) U.S. Natural Gas Inventories Build Slowly
The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected build-up in natural gas supplies on the back of increased cooling demand spurred by an extremely hot weather.
The Weekly Natural Gas Storage Report – brought out by the Energy...
(BHI) U.S. Drilling Rig Count Up by a Unit
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal rise in the U.S. rig count (number of rigs searching for oil and gas in the country)....
(EIA) U.S. Natural Gas Stocks Rise as Expected
The U.S. Energy Department’s weekly inventory release showed an in-line build-up in natural gas supplies, as increased cooling demand on the back of extremely hot weather was offset by higher domestic production.
The Weekly Natural Gas Storage Report – brought...
(VLO) Oil and Natural Gas Stock Outlook – July 2011 – Industry Outlook
Crude Oil
The improving economic scene – both here in the U.S. as well as worldwide – and the continued unrest in producing countries had been the main driver of the oil rally, which saw the commodity zoom past the $110 per barrel level earlier...
(BHI) U.S. Oil Drilling Rig Count Goes Past 1900
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This...
(DVN) Natural Gas Stockpiles Up 95 Bcf – U.S. Energy Department
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies on the back of above-average growth in each of the three storage regions.
This was partially offset by a strong uptick in demand in the power sector,...
(BHI) U.S. Oil Drilling Pushes Rig Count Up
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily...
(CHK) U.S. Rise In Natural Gas Supplies Decelerates
The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected build-up in natural gas supplies on the back of increased domestic gas consumption, partially offset by a light weather load.
The Weekly Natural Gas Storage Report – brought...
(BHI) U.S. Oil Drilling Rig Count Tops 1000
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily...
(EIA) U.S. Energy Department Reports Hefty Natural Gas Build
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected build-up in natural gas supplies on the back of robust production levels and moderate weather across much of the country.
The Weekly Natural Gas Storage Report – brought out...
(BHI) U.S. Oil Drilling Rig Count Goes Up
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This...
(EIA) Natural Gas Supplies Rise as Expected
The U.S. Energy Department’s weekly inventory release showed an in-line build-up in natural gas supplies, as a production drop was offset by reduced natural gas cooling demand on the back of moderating weather.
The Weekly Natural Gas Storage Report – brought...