Midstream

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 …

July 10, 2013 - 5:51 pm Midstream, Oil and Gas 360 Articles
When Will the Keystone Pipeline Become a Necessity?

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 …

July 9, 2013 - 10:42 am Canada, Midstream, Oil and Gas 360 Articles, Regulatory

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, …

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

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

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 …

April 17, 2013 - 3:43 pm Analytics, Earnings, Midstream, Oil and Gas 360 Articles

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

March 13, 2013 - 5:19 pm Canada, International, Midstream, Oil and Gas 360 Articles, OPEC
Chesapeake Energy JVs Miss Lime with Sinopec

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 …

February 25, 2013 - 9:34 pm Midstream, Oil and Gas 360 Articles
Unit Corp: Three Parts Make a Whole; Grows Reserves 29% in 2012

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 …

February 8, 2013 - 8:38 pm Midstream, Oil and Gas 360 Articles
Emerald Oil: Capital to Finance Ongoing Transformation

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 …

February 5, 2013 - 9:22 pm Finance, Midstream, Oil and Gas 360 Articles
Bam! It's Earnings Season Again – Q4'12 Estimates

Bam! It's Earnings Season Again – Q4'12 Estimates

EnerCom, Inc. compiled fourth quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 191 E&P and OilService companies in our database. Click here for the full chart of estimates.

The median OilService company earnings …

January 17, 2013 - 9:23 pm Analytics, Earnings, Midstream, Oil and Gas 360 Articles

Turkey Day – Fire Up Your Gas Stoves!

Every Thursday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the natural gas spectrum. The theme for this week: Turkey Day – Fire Up Your Gas Stoves!

NATURAL GAS INVENTORY (Week Ended 11/16/12)

November 21, 2012 - 5:51 pm Midstream, Oil and Gas 360 Articles, Politics & Opinions
Sanchez Energy Corp Poised to Capture Eagle Ford Upside

Sanchez Energy Corp Poised to Capture Eagle Ford Upside

Sanchez Energy Corp (ticker: SN) is a pure-play South Texas oil company with a 95,000 net acre position targeting the liquids-rich Eagle Ford Shale, Pearsall Shale, Austin Chalk, and Buda Limestone. Back in December 2011, SN made its initial public …

October 29, 2012 - 12:59 am Midstream, Oil and Gas 360 Articles
Magnum Hunter Resources Corp Adding to Its Rich Asset Base; Reaffirms 2012 Production Exit Rate

Magnum Hunter Resources Corp Adding to Its Rich Asset Base; Reaffirms 2012 Production Exit Rate

Magnum Hunter Resources Corp (ticker: MHR) announced it will acquire Viking International Resources, a private company with approximately 51,500 net acres primarily in the Marcellus and Utica plays, for $106.7 million.  The deal will be funded with $37.3 million …

October 26, 2012 - 5:07 pm Midstream, Oil and Gas 360 Articles
Bam! It's Earnings Season Again – Q3'12 Estimates

Bam! It's Earnings Season Again – Q3'12 Estimates

EnerCom, Inc. compiled third quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 185 E&P and OilService companies in our database. Click here for the full chart of estimates.

OAG360 notes that additional supporting …

October 17, 2012 - 10:55 pm Analytics, Earnings, Midstream, Oil and Gas 360 Articles, OPEC

It’s a Big Gas World!

NATURAL GAS INVENTORY (Week Ended 10/5/12)

Current: 3,725 Bcf
Actual Injection/(Withdrawal): 72 Bcf
Economist Average Estimate: 79 Bcf
Previous: 3,653 Bcf

Click here for the chart with five year averages.

NATURAL GAS IN THE MEDIA

*Houston firm drilling exploratory well

Demand Forces: Coal to Gas Switching, and LNG Export Plans

Every Thursday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the natural gas spectrum. The theme for this week: Demand Forces: Coal to Gas Switching, and LNG Export Plans.

NATURAL GAS INVENTORY (Week

September 27, 2012 - 7:26 pm Midstream, Oil and Gas 360 Articles

Brent and WTI – Which Way are They Headed?

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Brent and WTI – Which Way are They Headed?

CRUDE OIL INVENTORY/’000 bbls (Week

September 26, 2012 - 4:00 pm International, Midstream, Oil and Gas 360 Articles, OPEC, Regulatory

Look Out Below! Crude Oil Plunges

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Look Out Below! Crude Oil Plunges.

CRUDE OIL INVENTORY/000 bbls (Week Ended 9/14/12)

Current: …

Oil – The Global Commodity

Oil – The Global Commodity

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Oil – The Global Commodity.

CRUDE OIL INVENTORY/000 BBLs

September 12, 2012 - 3:02 pm Canada, International, Midstream, Oil and Gas 360 Articles, OPEC

QEP Resources Takes a Bigger Bite of Bakken

On August 23, 2012, QEP Resources, Inc. (ticker: QEP) announced it increased its operations in the Williston Basin to approximately 118,000 net acres with the acquisition of 27,600 net acres from multiple sellers in a new core area targeting the …

August 27, 2012 - 5:13 pm Midstream, Oil and Gas 360 Articles
Unit Corp. Ups E&P Stake with Purchase of Western Oklahoma and Texas Panhandle Properties

Unit Corp. Ups E&P Stake with Purchase of Western Oklahoma and Texas Panhandle Properties

Unit Corp. (ticker: UNT) announced signing a Purchase and Sale Agreement to purchase 84,000 net acres and production located in the Anadarko Basin from Noble Energy, Inc. (ticker: NBL) for $617.1 million. Unit will use availability under its …

July 18, 2012 - 10:18 pm Analytics, Midstream, Oil and Gas 360 Articles

REPOST: Pipelines Bypassing Hormuz Route Open

CNBC – Saudi Arabia and the United Arab Emirates have opened new pipelines bypassing the Strait of Hormuz, the shipping lane that Iran has repeatedly threatened to close, in a move that will reduce Tehran’s power over oil markets.

The …

July 16, 2012 - 2:52 pm Midstream, Oil and Gas 360 Articles

Unit Corporation Reports Q1'12 Results; All Three Segments Focused on Oil and Liquids Growth

Unit Corporation (NYSE: UNT) is a diversified oil and gas company engaged in the exploration and production of oil and natural gas, contract drilling of onshore oil and natural gas wells, and the gathering and processing of natural gas. UNT …

May 3, 2012 - 4:23 pm Midstream, Oil and Gas 360 Articles
Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources (MHR) is engaged in the exploration for and the exploitation, acquisition, development and production of crude oil, natural gas and natural gas liquids, in three unconventional shale resource plays in North America: the Marcellus Shale, Utica Shale, …

April 10, 2012 - 7:21 pm Analytics, Midstream, Oil and Gas 360 Articles

Magnum Hunter Reports Q4'11 and Year-End Results; Company Expects to Exit 2012 in Excess of 16,000 BOEPD

Magnum Hunter Resources (NYSE: MHR) announced operational and financial results for Q4’11 and fiscal year end 2011.

MHR reported a Q4’11 net loss of $60.9 million or a loss of $0.46 per share, compared to a net loss of $1.9 …

February 29, 2012 - 10:09 pm Midstream, Oil and Gas 360 Articles

Magnum Hunter Presents at EnerCom's The Oil & Services Conference™ 10

Gary Evans, CEO of Magnum Hunter Resources Corporation (NYSE: MHR), presented today at EnerCom’s The Oil & Services Conference™ 10. Magnum Hunter Resources Corporation and subsidiaries are a Houston, Texas based independent exploration and production company engaged in the acquisition, …

February 22, 2012 - 10:11 pm Midstream, Oil and Gas 360 Articles, Oilfield Services

Unit Corporation Presents at EnerCom's The Oil & Services Conference™ 10

Larry Pinkston, President and CEO, and David Merrill, CFO and Treasurer of Unit Corporation, presented today at EnerCom’s The Oil & Services Conference™ 10. Unit is a diversified energy company engaged through its subsidiaries in the exploration for and production …

February 22, 2012 - 4:27 pm Midstream, Oil and Gas 360 Articles, Oilfield Services
UNT Reports Q4'11 and Year-end Results; All Operating Segments Driving Results; 55% Increase in Oil and Liquids Production Drives Earnings Higher 34% YOY

UNT Reports Q4'11 and Year-end Results; All Operating Segments Driving Results; 55% Increase in Oil and Liquids Production Drives Earnings Higher 34% YOY

On February 21, 2012 Unit Corporation (NYSE: UNT) announced financial results for Q4 and year-end 2011. For Q4’11, the company reported net income of $51.7 million, or $1.08 per diluted share, as compared to Q4’10 net income of $43.7 million, …

February 21, 2012 - 4:29 pm Earnings, Midstream, Oil and Gas 360 Articles

Harvest Expects 29% Production Increase in Venezuela during 2011; Receives $9.8 Million in Petrodelta Dividends

On January 11, 2011, Harvest Natural Resources (ticker: HNR) issued an operations update on its international operations following the previous announcement made in September 2010 that the company is exploring strategic alternatives. With its $60.0 million credit facility and cash …

January 1, 2011 - 6:07 pm Midstream, Oil and Gas 360 Articles