Natural gas futures advanced for a second consecutive session on Monday, as traders mulled weather-driven demand potential, continued strong liquefied natural gas (LNG) volumes and the potential for light storage levels moving through the summer months. The June Nymex contract advanced 3.5 cents day/day and settled at $2.966/MMBtu. July rose 3.6 cents to $3.014. Spot…
Articles from Raymond James
The Lower 48’s ample supply of drilled but uncompleted wells, aka DUCs, is coming down at a quick pace and is expected to reach “normal” levels by year’s end, tightening the oil supply according to Raymond James & Associates Inc. In a note to clients, Raymond James analyst John Freeman made the case that the…
Lower 48 well completion activity is at an all-time high, even as the rig count has fallen, which is leading to a huge disconnect that may not be sustained through 2020, according to an analysis by Raymond James & Associates Inc.
Oil prices, which spiked following attacks on Saudi oil infrastructure in mid-September, remain in flux beyond 2019, as questions swirl about whether a second quarter dip in demand was transitory or permanent.
U.S. explorers still have a lot of exposure to oil and natural gas prices in 2020 as the fourth quarter nears, but if oil prices move higher as many experts are forecasting, that strategy may prove to be a winner.
Warning lights were going off in the Permian Basin two years ago that a dearth of natural gas infrastructure would surpass production, but the issues can be resolved and overall not pressure oil activity, Raymond James & Associates Inc. said Monday.
A reversal in the backlog of uncompleted U.S. onshore wells could swamp operators when activity resumes early next year as there no longer will be an incentive to defer wells in the largest U.S. play, according to Raymond James & Associates Inc.
The Permian Basin is facing another year of crude oil takeaway constraints, but producers are working on ways to resolve the issues sooner through a combination of capital and ingenuity, Raymond James & Associates Inc. said Monday.
U.S. exploration and production (E&P) management teams expect their biggest hurdles this year will be rising service costs and an effort to thrive within cash flow, according to a survey by Raymond James & Associates Inc.
The onshore exploration and production (E&P) industry is tightening up, tilting toward more capital discipline and free cash flow (FCF), which could give investors pause in how they value the group, according to an analysis by Raymond James & Associates.