30
Apr
I find this kind of thing typical, a clean car story touting touting a handful of technologies that will someday be used instead of gasoline. In this case 8 of them including batteries, hydrogen, ethanol and even salad oil. Who’s left out? Natural gas. In Today’s Post: Holdings Watch Commodity Watch Natural Gas Preview EIA [...]
Posted in Uncategorized | 105 Comments »
29
Apr
EIA released their natural gas monthly for the month of February 2009 this afternoon. In a nutshell, the aggregate number hides the beginning the fall in the biggest production segment, Texas, and its still early to see the decline in rig activity in the gas numbers. Bulls who want falling numbers now and who [...]
Posted in Uncategorized | 3 Comments »
27
Apr
SWN Easily Beats The Street On Volumes & Cost Controll; Spend Less, Produce More The 1Q09 Numbers: Production of 63.9 Bcfe (710 MMcfepd) vs the guidance range of 60 to 61 Bcfe up 64% from 1Q08 up 11% from 4Q08 79% of production came from the Fayetteville Shale 99.6% of production was natural gas Revenues [...]
Posted in Uncategorized | 2 Comments »
26
Apr
Wrap Comments: 1 & 2. Oil Service Continues Its Massive Run; Gassy Stocks Tread Water. Oil service earnings came in better than lousy which is to say they beat sharply downwardly revised estimates this past week from HAL to BJS to SLB. To a tee managements commented on their lack of visibility in the [...]
Posted in Uncategorized | No Comments »
22
Apr
NFX continues to motor along like a well oiled gassed machine. Couple of key takeaways from the quarterly release and @NFX update before we delve into the quarter: These guys are not growth for growth sake types, never have been, never will be. They are deliberately delaying completions in the Woodford due to low [...]
Posted in Uncategorized | 6 Comments »