Macro/Headlines/Events: Baker Hughes U.S. onshore rig count +5 last week from 727 to 732. WSJ- America’s Oil Patch Loses Its Luster- Link WSJ- Billionaires are betting on fusion technology as a source of almost limitless energy Link FT- US renewables industry joins…
Macro/Headlines/Events BKR U.S. Land Rig Count: Down 6 rigs w/w to 727 rigs. Earnings Calls this Week (cst): Wed 4/19- BKR 730am , KMI 330pm Thu 4/20- LBRT 900am Fri 4/21- SLB 830am WSJ- Saudi Arabia, U.A.E. Scoop Up Russian Oil…
Macro/Headlines/Events BKR U.S. Land Rig Count: +3 rigs w/w to 756. Although we had a slight uptick in the rig count last week, December 2022 and January 2023 were both lower m/m. Source: Bloomberg/Baker Hughes/DEP FT- What China’s reopening means for…
DEP Updates: We have a couple spots remaining at our November 10th golf outing. If the Astros lose tonight, which after the grand slam by Duvall looks likely, then you’ll see us in Midland on Tuesday/Wednesday. We’ll be in the DFW area late next week. Also,…
A gaggle of OFS and E&P conference call takeaways are summarized below. Admittedly, much of this is simple elevator analysis and a rehash of data points from the various press releases, IR slides and conference calls. For those who don’t have time to read…
Just in time for the Super Bowl, DEP is out with our weekly thoughts and observations. Tonight’s note is relatively brief as the DEP team is knee-deep in THRIVE Energy Conference planning (i.e. panel question preparation, registration, etc.). Moreover, we’ve been on the road…