07
Jan

Wrap – Week Ended 01/06/17

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Quiet open to the new year. The ZLT was up 2.5% in the first week of the year after ending 2016 up 40.2%. The blotter is updated. 

 

Note the expected drop in natural gas prices was not met with a commensurate further retreat in the XNG and gassy names in general. We increased gassy exposure modestly in late December.

 

We updated our natural gas macro this week and edged up our price deck. Please see the Wednesday post here

 

The Service group, to which we have limited exposure, outperformed the broad markets and energy as a whole last week. 

 

If you have questions about the site please check out the How To ZEB link at upper left or send us an email at zman@zmansenergybrain.com

 

Please also follow us on twitter using the floating twitter follow me bird at right. 

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wrap-010617

One Response to “Wrap – Week Ended 01/06/17”

  1. 1
    501xx Says:

    Third section of this article nicely summarizes an optimistic macro predictive look at oil prices for 2017.

    http://www.nytimes.com/2017/01/05/business/economy/financial-predictions-2017.html?ref=your-money

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