All Posts Tagged With: "HP"
(BHI) U.S. Oil Drilling Rig Count Remains in Check
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported an unchanged U.S. rig count (number of rigs searching for oil and gas in the country), as an increase in the number of oil and miscellaneous rigs was offset by a fall in the gas rig...
1Feb2012 | vitalstocks | 0 comments | Continued(DVN) U.S. Energy Department’s Weekly Natural Gas Inventory Release is Bullish
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected drop in natural gas supplies, as imports from Canada declined. However, this is largely seen as a one-off shot, with warmer-than-normal temperatures across the country restricting the commodity’s...
31Jan2012 | vitalstocks | 0 comments | Continued(EIA) Natural Gas 2011: An Unhappy Ending
The U.S. Energy Department’s weekly inventory release showed a slightly lower-than-expected drop in natural gas supplies, as warmer-than-normal temperatures across the country have restricted the commodity’s requirement for power burn. In fact, gas stocks – currently...
13Jan2012 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Stumbles
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 attributed to a decrease in the tally of natural gas-directed rigs, partially...
27Dec2011 | vitalstocks | 0 comments | Continued(DVN) U.S. Energy Department Reports Natural Gas Stockpiles Down 20 Bcf
The U.S. Energy Department’s weekly inventory release showed a larger-than-expected drop in natural gas supplies, as frigid weather in the West led to production freeze-offs. However, gas stocks still remain at elevated levels – 8.7% above the 5-year average and 2.7%...
13Dec2011 | vitalstocks | 0 comments | Continued(DVN) EIA Reports Surprise Natural Gas Draw
The U.S. Energy Department’s weekly inventory release showed a surprise dip in natural gas supplies on account of unseasonably cold weather in the Southeast. However, gas stocks still remain at elevated levels – 7.3% above the 5-year average and 1.1% higher than the same...
6Dec2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Heads Further Down
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 attributed to a decrease in the tally of land rigs, partially offset by...
5Dec2011 | vitalstocks | 0 comments | Continued(BHI) U.S. Oil Drilling Rig Count Edges Lower
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a marginal dip in the U.S. rig count (number of rigs searching for oil and gas in the country). This can be primarily attributed to a decrease in the tally of land rigs, partially...
29Nov2011 | vitalstocks | 0 comments | Continued(HP) U.S. Natural Gas Storage Hits Record High
The U.S. Energy Department’s weekly inventory release showed a lower-than-expected rise in natural gas supplies. However, the total working gas in storage is still well above the 5-year historical range, as mild weather continues to restrict the commodity’s demand for...
29Nov2011 | vitalstocks | 0 comments | Continued(CHK) Chesapeake Energy Service Business to Go Public
Chesapeake Energy Corporation (CHK) is contemplating to squeeze value from its oil-field service business – Chesapeake Oilfield Services LLC – by spinning it off in a public stock offering. The company aims to create value for investors and enhance the share price of the...
18Nov2011 | vitalstocks | 0 comments | Continued(HP) U.S. Natural Gas Stockpiles Up 37 Billion Cubic Feet
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 (EIA)...
15Nov2011 | vitalstocks | 0 comments | Continued(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 burn...
25Oct2011 | vitalstocks | 0 comments | Continued(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 a barrel. Apprehensions about high...
20Oct2011 | vitalstocks | 0 comments | Continued(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 (EIA)...
18Oct2011 | vitalstocks | 0 comments | Continued(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...
2Oct2011 | vitalstocks | 0 comments | Continued(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 November 7, 2008. This can be primarily attributed to an increase...
27Sep2011 | vitalstocks | 0 comments | Continued(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 commodity’s...
27Sep2011 | vitalstocks | 0 comments | Continued(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 November 7, 2008. This can be primarily attributed to an increase...
21Sep2011 | vitalstocks | 0 comments | Continued(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 Gas Storage...
20Sep2011 | vitalstocks | 0 comments | Continued(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 can be primarily attributed to a decrease in the tally of land rigs. The Baker Hughes rig...
16Sep2011 | vitalstocks | 0 comments | Continued(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 somewhat...
14Sep2011 | vitalstocks | 0 comments | Continued(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 primarily attributed to an increase in the tally of land rigs searching...
12Sep2011 | vitalstocks | 0 comments | Continued(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 attributed to a decrease in the tally of land rigs. The Baker Hughes rig...
8Sep2011 | vitalstocks | 0 comments | Continued(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 out by...
3Sep2011 | vitalstocks | 0 comments | Continued(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 in...
26Aug2011 | vitalstocks | 0 comments | Continued(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 can be primarily attributed to an increase in the tally of land rigs. The Baker Hughes...
23Aug2011 | vitalstocks | 0 comments | Continued(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 Report...
20Aug2011 | vitalstocks | 0 comments | Continued(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 Information...
16Aug2011 | vitalstocks | 0 comments | Continued(HP) Helmerich & Payne Earnings Scorecard
Contract drilling services provider Helmerich & Payne Inc. (HP) reported robust third quarter fiscal 2011 results on July 29 with both revenue and earnings per share (EPS) exceeding the Zacks Consensus Estimates. Second Quarter Recap The quarter’s earnings of $1.00 per...
15Aug2011 | vitalstocks | 0 comments | Continued(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). This can be primarily attributed to an increase in the tally of land rigs. The Baker...
5Aug2011 | vitalstocks | 0 comments | Continued