Company Overview and News
T. Rowe Price New Era Fund (PRNEX - Free Report) seeks to provide long-term capital appreciation by investing primarily in the common stocks of companies that own or develop natural resources and other basic commodities and in the stocks of selected non-resource growth companies. The fund invests about two-thirds of fund's assets in the common stocks of natural resource companies where earnings and tangible assets can benefit from accelerating inflation. (7-0)
In third-quarter earnings reports, explorers including Pioneer Natural Resources Co., EOG Resources Inc. and Anadarko Petroleum Corp. said they’re on the cusp of shrinking or even eliminating the gap between operating expenses and the cash they take in. That would mark a turning point for an industry that’s piled up losses and lived on borrowed money for years, as drillers plowed resources into developing new oil plays across the U. (38-0)
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (38-0)
Diamondback out-performed when WTI was $40/bbl, and will certainly outperform with WTI=$55/bbl, which is where it currently trades.
Good morning and welcome to LINN Energy’s third quarter 2017 earnings conference call. Today’s call is being recorded. (2-0)
Oil producers discouraged by the rising cost of accessing the vast deposits of the Permian Basin in Texas are sneaking into a geological back door, through neighboring New Mexico. (11-0)
December US crude oil (DWT) (UCO) futures contracts fell 0.25% and were trading at $56.62 per barrel in electronic trading at 1:22 AM EST on November 14, 2017. Similarly, December 2017 E-Mini S&P 500 (SPY) futures fell 0.14% to 2,578.75 in electronic trading. (12-0)
In the past few weeks, Goehring & Rozencwagj (Goehring & Rozencwajg Associates, LLC) has released their Q3 commodities research summary. We feel that this small, boutique investment firm located in New York does a wonderful job of cutting through the daily noise of the market to capture the most relevant trends affecting supply, demand, and perception. In this article, we summarize G&R’s Q3 crude oil research. (123-0)
EOG posted third-quarter net income of $100.5 million, or 17 cents per share, compared with a net loss of $190 million, or 35 cents per share, in the year-ago period. (5-0)
Portfolio Grader currently ranks EOG Resources Inc (NYSE:EOG) a Buy. Using Louis Navellier's investing methods, this analytical tool evaluates stocks with fundamental and quantitative analytical tools. EOG has been upgraded from a Hold to a Buy in the last week.
NYMEX natural gas (GASL) (FCG) futures contracts for December delivery rose 0.6% to $3.21 per MMBtu (million British thermal units) in electronic trading at 1:10 AM EST on November 10, 2017. In contrast, December 2017 E-Mini S&P 500 (SPY) futures contracts fell 0.05% to 2,582.25 in electronic trading at the same time. (22-0)
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 15 billion cubic feet for the week ending November 3. Analysts were expecting a storage injection of around 8 billion cubic feet. The five-year average for the week is an injection of 45 billion cubic feet, and last year’s storage injection for the week totaled 54 billion cubic feet. (82-0)
EOG Resources delivered a strong operational performance in the third quarter, even though Hurricane Harvey dragged its production.
Devon Energy is a low-cost operator that has consistently reported free cash flows in every quarter of 2017, even though it hasn’t grown production. (10-0)
2017-10-28 - Wilton
2017-10-25 - Wilton
2017-10-10 - Wilton
2017-10-09 - Wilton
2017-08-25 - Wilton