15
Nov

Thursday Morning – RRC, PES

Print Friendly, PDF & Email

.

.

Market Sentiment Watch: Energy markets remain volatile. Expecting OPEC+ comments to soft peddle a reversal in output soon as data from EIA, IEA, and OPEC align as to increasingly lower need from OPEC in 2019. In today's post please find the oil inventory preview (looking for more of the same, poor API report sets the stage early), the natural gas preview (could be the last injection of the season), an updated cheat sheet for PES, an updated cheat sheet for RRC, and some other odds and ends. 

Ecodata Watch:

  • We get jobless claims at 8:30 am EST (F = 210,000, last read was 214,000),
  • We get retail sales at 8:30 am EST (F = 0.6 headline and forecast vs prior read of 0.1% and -0.1% respectively),
  • We get Philly Fed at 8:30 am EST (F 20, last read was 20.2),
  • We get Empire State index at 8:30 am EST (no forecast, last read was 21.1)
  • We get the import price index at 8:30 am EST (no forecast, last read was 0.5%). 

In Today’s Post:

  1. Holdings Watch
  2. Commodity Watc​h
  3. Stuff We Care About Today - PES, RRC, FANG
  4. Odds & Ends

Click the link directly below this to ...  Continue Reading »


14
Nov

Wednesday Morning – COG, SWN

Print Friendly, PDF & Email

.

.

Market Sentiment Watch: All eyes remain on oil while gassy sentiment slowly improves with a spike in natural gas prices that's not built to last (it's typically weather loaded and well overdone, especially given this morning's move). In today's post please find the oil inventory preview (due out tomorrow due to the holiday, looking for higher throughput), the early read on natural gas inventories (we should be at peak storage with this week's report), two cheat sheet updates, our plan for the week in terms of updates, and some other odds and ends. 

Ecodata Watch:

  • We get CPI at 8:30 am EST (headline forecast = 0.3%, last read was 0.1%; core forecast is 0.2%, last read also 0.1%).

In Today’s Post:

  1. Holdings Watch
  2. Commodity Watc​h - with oil and natural gas inventory previews
  3. Stuff We Care About Today - COG, SWN, PES
  4. Odds & Ends

Click the link directly below this to ...  Continue Reading »


13
Nov

Tuesday Morning – MGY, ROAN

Print Friendly, PDF & Email

.

.

Market Sentiment Watch: All eyes on OPEC.  Market also eying more tariff war fears (auto tariffs this week apparently). In energy land gas is the quiet king while oil retreated yesterday for a record 11th consecutive session. In today's post please find comments on the MGY quarter (big beat and raise while maintaining strong free cash generation), comments on the ROAN quarter, comments on the OPEC monthly, and some other odds and ends. 

Ecodata Watch:

  • NFIB small business came in at 107.4 vs 107.9 last month,
  • We get the federal budget at 2 pm EST (no forecast, last read was -$63 B) 

In Today’s Post:

  1. Holdings Watch
  2. Commodity Watch - OPEC Monthly
  3. Stuff We Care About Today – MGY, ROAN
  4. Odds & Ends

Click the link directly below this to ...

Continue Reading »


12
Nov

Monday Morning

Print Friendly, PDF & Email

.

.

Market Sentiment Watch: Bouncy. OPEC+ met over the weekend and decided to take a wait and see approach (Saudi seems ready to cut production now, others want more data). Natural gas prices are approaching $4 this morning on widespread forecast cold. In today's post please find The Week That Was, a look at our plans for the week ahead, and some other odds and ends. 

Ecodata Watch:

  • Veterans Day. Thank you Veterans for everything. No economic data release today. 

The Week Ahead: 

  • Tuesday - NFIB small business, federal budget, OPEC Monthly
  • Wednesday - CPI, 
  • Thursday - Jobless claims, retail sales, Philly Fed, Empire State, Import Price Index, business inventories, 
  • Friday - Industrial production, capacity utilization.  

In Today’s Post:

  1. Holdings Watch
  2. Commodity Watch
  3. The Week That Was
  4. Stuff We Care About Today 
  5. Odds & Ends

Click the link directly below this to ...

Continue Reading »


11
Nov

Wrap – Week Ended 11/9/18

Print Friendly, PDF & Email

.

.

Questions and comments under The Wrap will be addressed in the Monday post. 

.

Zman's Energy Brain ~ oil, gas, stocks, etc… is is proudly powered by Wordpress
Navigation Theme by GPS Gazette

s2Member®