Friday, December 26, 2025

Unit Corporation Notes From the Road – Building Long-Term Value

EnerCom, Inc. traveled with Unit Corporation (ticker: UNT) executives to meet with investors in Dallas to complement similar trips undertaken with the company during 2013 in other energy investment centers, including London.  Click here for the latest corporate presentation. Unit Corporation is a $2.2 billion market cap company comprised of an Exploration and Production Segment, a Contract Drilling Segment and

Hess Corporation sells Energy Marketing business for $1.025 billion to Direct Energy

Hess Corporation (ticker: HES) is a leading global independent energy company engaged in the global exploration and production of crude oil and natural gas.  The company is currently shedding assets in 2013 to become a pure-play E&P company. Hess Corporation announced it is entering into a $1.025 billion, or $2.50 per Hess share, agreement with Direct Energy, a North American

Bam! It’s Earnings Season Again – Q2’13 Estimates

EnerCom, Inc. compiled second quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 190 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilService company earnings estimate for the quarter ending June 30, 2013, is $0.31 per share compared to actual earnings per share of $0.33

Magnum Hunter Resources: Filings Filed; Onward to Growth

Magnum Hunter Resources (ticker: MHR) is an oil and natural gas exploration and production company active in three shale resource plays in North America: the Marcellus Shale, Utica Shale and the Williston Basin/Bakken Shale. The company’s growth platform is supported with approximately 350,000 net acres spread across its core operating regions. MHR’s first quarter 10Q filing was much anticipated. Due

When Will the Keystone Pipeline Become a Necessity?

In an industry report released July 8, 2013, Raymond James & Associates asked the question: ‘When will the Keystone XL Pipeline become a necessity?’ According to analysts, Marshall Adkins & Cory Garcia, additional pipeline capacity out of Western Canada will be eventually needed if Canadian oil sands growth continues as projected. “While Keystone isn’t needed today or arguably even in

QEP Resources, Inc. Provides Operational Update

QEP Resources, Inc. (ticker: QEP) is a leading independent natural gas and crude oil exploration and production company focused in two major regions: the Northern Region (primarily in the Rockies and the Williston Basin) and the Southern Region (primarily Oklahoma, Louisiana, and the Texas Panhandle) of the United States. QEP Resources also gathers, compresses, treats, processes and stores natural gas. On

Natural Gas Roundup (Week Ended 4/19/13)

NATURAL GAS INVENTORY Current: 1,734 Bcf Actual Injection/(Withdrawal): 30 Bcf Economist Average Estimate: 32 Bcf Previous: 1,704 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Pressure Mounts on US to Export Natural Gas – CNBC As the U.S. produces more of its own energy, pressure is mounting on the federal government to move

Bam! It's Earnings Season Again – Q1'13 Estimates

EnerCom, Inc. compiled first quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 190 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilService company earnings estimate for the quarter ending March 31, 2013, is $0.36 per share compared to actual earnings per share of $0.28

Crude Oil Cuttings

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/8/13) Current: 383,975 Actual Build/(Withdrawal): 2,624 Economist Average Estimate: 2,236 Previous: 381,351 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *EnerCom’s Monthly Energy Industry Data and Trends Reports U.S. oil consumption in December 2012 was 18.1 MMBOPD, down ‐2.5% compared to the prior month and ‐3.6% lower than

Chesapeake Energy JVs Miss Lime with Sinopec

In a short but telling news release, Chesapeake Energy (ticker: CHK) announced Sinopec will purchase a 50% undivided interest in CHK’s 850,000 net acres of the Mississippi Lime play in northern Oklahoma. The price tag: $1.02 billion in cash, or approximately $2,400 an acre to the 8/8ths. CHK will remain operator and JV costs will be shared proportionally going forward.

Unit Corp: Three Parts Make a Whole; Grows Reserves 29% in 2012

Unit Corporation (ticker: UNT) is a unique company in the oil and natural gas industry. The company is a diversified energy company through its subsidiaries Unit Petroleum Co, Unit Drilling Co and Superior Pipeline Co. As such, there are a number of ways to look at how to value UNT. In this write-up, OAG360 will be looking at production and

Emerald Oil: Capital to Finance Ongoing Transformation

Emerald Oil, Inc. (ticker: EOX) is a new Oil & Gas 360® profiled company. For readers not familiar with EOX, this oil weighted producer is an exploration and production company focused primarily on the development of its 51,000 net acre position in the Williston Basin of North Dakota and Montana. They are currently transitioning from a non-operated model to an