Company Overview and News
(Note: The Daily Pain is a new daily HFI Research has launched in collaboration with Pain Capital. Daily Pain is only available to premium subscribers, so be sure to sign up here if you are interested. The write-up was first released on 12/16 to premium subscribers.)
Looking for a stock that might be in a good position to beat earnings at its next report? Consider California Resources Corporation (CRC - Snapshot Report) , a firm in the Oil & Gas - US Exploration & Production industry, which could be a great candidate for another beat.
Oil is trading just off its 52-week highs (at $46 WTI and $47 Brent) and natural gas is trading on its 52-week highs (at $2.76 NYMEX).
Rice Energy Inc. (RICE - Snapshot Report) is an Oil & Gas - US Exploration & Production company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
We thought now would be as good a time as any to update our “Monitoring the Marcellus” risk management and data-visual series.
There is a very large divergence between oil prices and natural gas prices on a per-BTU level.
4h - Asif