22
Apr

Wrap – Week Ended 04/21/17

Print Friendly

.

.

The ZLT was down 3.8% last week with (oil off 6% on the 12 month strip while the gas strip faded 3%) and is down 13.8% on the year.

The XOP was off 3.4% last week and is down 15.2% on the year. 

The Blotter is updated after we added our first shares since March 1 in the personal accounts. 

.


21
Apr

T.G.I.F.

Print Friendly

.

.

Market Sentiment Watch: Nervous / tractionless in the face of potential forced selling. We continue to sit on hands, as we has since March 1st, with regard to new trades ... this is something that we see as not needing to be rushed.  In today's post please find the natural gas inventory slide show (slightly bigger than expected injection but expecting smaller than average ones to take hold soon), comments/graphs on gas fired generation, comments and an updated cheat sheet for SRCI (along with the Wattenberg Players short form table and please note the thoughts on where production and EBITDA are likely headed for the Street in '17, '18, '19), comments on the SLB quarter (see under investment comments), and some other odds and ends. 

Ecodata Watch:

  • We get Existing Home Sales at 10 am EST (F= 5.61 mm, last read was 5.48 mm). 

In Today’s Post:

  1. Holdings Watch
  2. Commodity Watc​h
  3. Natural Gas Inventory Review 
  4. Stuff We Care About Today - SRCI, Wattenberg Players Short Form table, SLB
  5. Odds & Ends

Click the link directly below this to ...  Continue Reading »


20
Apr

Thursday Morning – Catalyst List Part III Update

Print Friendly

.

.

Market Sentiment Watch: Sloppy, nervous group action. In today's post please find the oil inventory review (in line with API from the prior night, in line crude draw on flattish imports,record refiner demand for this week of the year, and a smaller than recently sized increase in Lower 48 production (still up but less up than of late), an unexpected by the Street build in gasoline stocks (please see our recent comments on this turning higher), and a double expectations sized draw on distillate stocks as export demand set a new record), the natural gas preview, Catalyst List Part III (includes new to market Permian player JAG and new addition to the list ESTE), comments on the SRCI pre announcement, and some other odds and ends. 

Ecodata Watch:

  • We get Jobless Claims at 8:30 am EST (F = 242,000, last read was 234,000),
  • We get Philly Fed at 8:30 am EST (no forecast, last read was 32.8),
  • We get Leading Indicators at 10 am EST (no forecast, last read was 0.6%). 

In Today’s Post:

  1. Holdings Watch
  2. Commodity Watc​h
  3. Oil Inventory Review 
  4. Stuff We Care About Today - Catalyst List Part III, SRCI, CLB
  5. Odds & Ends

Click the link directly below this to ...  Continue Reading »


19
Apr

Wednesday Morning – Catalyst List Update Part II

Print Friendly

.

.

Market Sentiment Watch: Sloppy market and group (potentially due in part to hedge fund closures) ... awaiting traction and news flow.  In today's post please find the oil inventory preview (Street expecting another week of across the board inventory draw downs and API out after the close yesterday was "OK"), the early read on natural gas inventories (bigger than average injection on the way but soon see a trend of lighter than average injections), the upstream Catalyst List Part II (archived on the Catalyst Page at left as well), and some other odds and ends. 

Ecodata Watch:

  • We get the Beige Book at 2 pm EST. 

In Today’s Post:

  1. Holdings Watch
  2. Commodity Watc​h - with oil and natural gas inventory previews
  3. Stuff We Care About Today - Catalyst List Update Part II
  4. Odds & Ends

Click the link directly below this to ...  Continue Reading »


18
Apr

Tuesday Morning – Catalyst List Update

Print Friendly

.

.

Market Sentiment Watch: Energyland remains range bound in front of 1Q17 earnings and OPEC decision. Energyland sentiment remains fearful over U.S. production gains.  In today's post please find the Tuesday Multiples section, the beginning of our quarterly Catalyst List updates (we're beefing these up further so pardon our length but think it helps give a clearer picture), the early read on oil inventories, and some other odds and ends. 

 

Ecodata Watch:

  • We get Housing Starts at 8:30 am EST (F = 1.24 mm, last read was 1.288 mm),
  • We get Building Permits at 8:30 am EST (no forecast, last read was 1.216 mm),
  • We get Industrial Production at 9:15 am EST (F = 0.7%, last read was 0.1%),
  • We get Capacity Utilization at 9:15 am EST (F = 76.3%, last read was 75.9%).  

In Today’s Post:

  1. Holdings Watch
  2. Commodity Watch
  3. Tuesday Multiples - Permian, Bakken, Wattenberg, Mixed
  4. Stuff We Care About Today – Catalyst List Update Part I
  5. Odds & Ends

Click the link directly below this to ...

Continue Reading »

Zman’s Energy Brain ~ oil, gas, stocks, etc… is is proudly powered by Wordpress
Navigation Theme by GPS Gazette

s2Member®
Get Adobe Flash player