06
Nov
Wrap – Week Ended 11/4/22
.
.
Solid week with the ZLT up 4.3% on the week on the back of strengthening core E&P and oil service positions. We're about 3/4 of the way through the 3Q22 energy earnings season with 53 names of interest (owned or monitored) having reported so far. Our individual company coverage can be found in the morning posts before the conference calls and later in the So Far This Quarter piece which shows high level comments from start to finish for the quarter. Our macro color from the quarterly calls and reports is contained in the last section of The Five Things each Monday.
Free Stuff Last Week:
Holdings Watch Update:
- We added to one oily upstream name, one renewables name, and one sand name.
- The Blotter is updated.
Questions and comments under The Wrap will be addressed in the Monday post.
Questions about the site may be directed to Zman@zmansenergybrain.com.
Have a Good Weekend,
Z
.
Z, Does China buy refined oil products or are they refining themselves?
Then, is there a way to tell how much oil (if they are refining themselves) or gasoline they are buying (if they are not refining).
How much storage capability of oil or gasoline do they have? What % is that utilized?
November 6th, 2022 at 11:17 amre 1 – response in Monday post.
November 6th, 2022 at 1:59 pmThe positions page is updated:
https://zmansenergybrain.com/subscriber-data/holdings-wiki/
November 6th, 2022 at 1:59 pmThe calendar page at upper left is updated.
November 6th, 2022 at 1:59 pmEnergy sector/segments are extended after last week’s consolidation. No sign of breadth rolling over….
November 6th, 2022 at 6:40 pmXLE
https://ibb.co/9Vph2Cj
OIH
https://ibb.co/GRDXqVb
XOP
https://ibb.co/KhHgy5C
Thanks
WTI down 1.5%
NG up 8+% on the cold forecast for next week.
November 6th, 2022 at 9:07 pm