Welcome to the latest edition of the Energy Recap. This week, we saw reports of renewed attacks on several oil pipelines in Nigeria, affecting Chevron (NYSE:CVX) and Eni (NYSE:E). You can read the latest news here.
Energy Articles of Note
"Bakken Update: Rigs Are Moving To The STACK/SCOOP For Very Good Economic Reasons" By Michael Filloon
"A Failed E&P Winding Down: Time To Buy?" By Bram de Haas
"Gulfport Energy - A Star Utica Independent" By Laura Starks
Energy Sector Bankruptcies for the Week Ended July 8, 2016
Here's a list of the most recent bankruptcy announcements in the energy sector:
- None this week.
Feel free to add any that we might have missed in the comments section below.
U.S. Oil Rig Count as of July 8, 2016
As per Baker Hughes, the number of active U.S. oil drilling rigs saw its fifth gain in six weeks.
Readers, now it's your turn to discuss what's been happening in this sector. Please share your thoughts in the comments below.
As always, we encourage you to submit your own article by clicking here, if you haven't already done so.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.