Halliburton Company (HAL) Climbs 3.09% Gain on December 21 to Lead Basic Materials Sector
December 21, 2016
Halliburton Company (HAL) Climbs 3.09% Gain on December 21 to Lead Basic Materials Sector
Financials Get Upward Pressure from 6.04% Morning Gain by Marine Petroleum Trust Units of Beneficial Interest (MARPS) on December 21
December 21, 2016
Financials Get Upward Pressure from 6.04% Morning Gain by Marine Petroleum Trust Units of Beneficial Interest (MARPS) on December 21
Midday Update: Southwestern Energy Company (SWN) Charges Ahead 6.98% on December 21
December 21, 2016
Midday Update: Southwestern Energy Company (SWN) Charges Ahead 6.98% on December 21
Midday Update: Chesapeake Energy Corporation (CHK) Charges Ahead 3.15% on December 21
December 21, 2016
Midday Update: Chesapeake Energy Corporation (CHK) Charges Ahead 3.15% on December 21
Vanguard Natural Resources LLC (VNR) Dives 19.8% in Morning Session on December 21
December 21, 2016
Vanguard Natural Resources LLC (VNR) Dives 19.8% in Morning Session on December 21
4.1% Dive in Shares of Marine Petroleum Trust Units of Beneficial Interest (MARPS) Drags on Financial Sector in Early Trading on December 21
December 21, 2016
4.1% Dive in Shares of Marine Petroleum Trust Units of Beneficial Interest (MARPS) Drags on Financial Sector in Early Trading on December 21
Surprise Crude Build Pressures Oil Prices
December 21, 2016
Oil prices dropped more than a dollar as soon as the DOE announced a surprise inventory build today. That was the first weekly build in crude stockpiles in five weeks. Analysts were expecting U.S. crude inventories to fall by 2.5 million barrels, according to a Reuters poll.
Anadarko Announces $1.24 Billion Sale of Marcellus Assets
December 21, 2016
Anadarko Petroleum Corporation (ticker: APC) has agreed to sell its operated and non-operated upstream assets and operated midstream assets in the Marcellus Shale of north-central Pennsylvania to Alta Marcellus Development, LLC, a wholly owned subsidiary of Alta Resources Development, LLC, for approximately $1.24 billion. The midstream assets in the Marcellus owned by Western Gas Partners, LP (NYSE: WES), Anadarko’s sponsored master limited partnership,
Delphi Energy Corp. Announces New $80 Million Senior Secured Revolving Credit Facility
December 21, 2016
Delphi Energy Corp. Announces New $80 Million Senior Secured Revolving Credit Facility
U.S. Shale will Drive 30% Oilservice Spending Rebound in 2017: BI
December 21, 2016
Quick Take: 2017 Oilfield Service and Drilling Outlook from Bloomberg Intelligence Bloomberg Intelligence (BI) analysts Andrew Cosgrove and William Foiles presented a briefing today on the outlook for U.S. oil services and drilling. Bottom line: U.S. shale developers will lead a rebound in oilfield service activity in 2017. Oil Price and CapEx Outlook The Bloomberg analysts expect the global oil
Horizons ETFs Announces Changes for Certain ETFs
December 21, 2016
Horizons ETFs Announces Changes for Certain ETFs
U.S. Upstream Oil & Gas M&A Nearly Doubles in 2016 as Operators Flock to the Permian
December 21, 2016
Permian basin and Russia split M&A surge Upstream oil and gas merger and acquisition (M&A) activity took a deep dive following the crash in oil prices in late 2014. A combination of crude oil shedding more than half its value with lingering industry uncertainty over where prices would be going forward left many wary about buying or selling assets. But
