Energy Recap: A Question For Readers

Energy Recap: A Question For Readers

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By SA Editor Michelle Carini :

Welcome to the latest edition of the Energy Recap. This week, we’d like to pose a question to readers regarding any other data (aside from bankruptcies and the oil rig count) they’d like to see covered in the recap. A few ideas we had (and some suggested by readers) include the following: the Natural Gas Spot and Futures Prices Report; the Weekly Petroleum Status Report; and the closing prices of WTI, Brent, regular gas (wholesale), and diesel/heating oil.

Would data on any of the above items prove useful to you on a weekly basis? Please leave your thoughts in the comments section below, along with any other ideas or suggestions. We look forward to hearing from you!

Energy Articles of Note

” Chesapeake Energy ( CHK ): More Liquidity Is Better, Not Worse ” by Richard Zeits

” Ocean Rig ( ORIG ) Is A Great Buy For Patient Investors ” by Karl Francis

” Bakken Update: Breakeven Prices Continue Lower In The U.S., Mega-Frac Well Production In The 3 Forks Shows Why ” by Michael Filloon

Energy Sector Bankruptcies for the Week Ended Aug. 19, 2016

Here’s a list of the most recent bankruptcy announcements in the energy sector:

– None this week.

We did want to note that SandRidge Energy (SD) said this week that it “could emerge from bankruptcy next month if its lenders and the bankruptcy court approve its plan to reorganize nearly $4.4 billion in debt.”

Feel free to add anything that we might have missed in the comments section below.

U.S. Oil Rig Count as of Aug. 19, 2016

As per Baker Hughes , the number of active U.S. oil drilling rigs rose for the eighth week in a row.

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As always, we encourage you to submit your own article by clicking here , if you haven’t already done so.

See also FX Market Voice – Are Markets In A Summer Snooze? on uniquefinance.org