In general, I'm an oil and gas stock (E&P) bull as you know. The E&P stocks remain cheap despite a recent run, the long term fundamentals point to higher commodity prices, and at present service cost inflation has abated and even reversed in many situations. And the companies I track are getting more efficient at [...]

1) The energy sectors outperformed the broad market. As you can see from the table above rising oil and natural gas prices helped out but the energy remains tied to the broader market's woes YTD despite generally blow out fourth quarter results. 
2) Oil tops $100 As March Contract Expires; April Crosses Into Trip [...]

Natural gas rallied on Thursday after the release of a generally in line storage number (172 Bcf draw) reaching as high as $9.05 before retreating to close the day down 7.4 cents to $8.891. The decline came amidst falling crude prices. Have we seen the near term top for natural gas prices? I can't tell [...]

 
Oceaneering International (OII) ($65.56 at the close)
On a reported basis the company missed by 1 penny in the 4Q. Ok, that's out of the way. However, the "miss" was due to some well above consensus numbers skewing the EPS estimate for the quarter. For the same group of analysts, OII beat on both top [...]

Stocks outperform broader market. As we talked about last week, the service stocks were due for a rally and they definitely outperformed this past week. Part of this was attributable to rising commodity prices but part of it was further commentary from producers that while service pricing was somewhat softer, demand would be strong [...]