Energy Recap: Rig Count Increases For The 4th Straight Week

| About: The United (USO)


Every Friday, Seeking Alpha provides a roundup of insightful opinion and analysis articles in the energy sector.

In this edition, we highlight articles on Kinder Morgan and Ormat Technologies, as well as ask for your take on what's happening in the energy sector.

If you'd like to contribute to the energy conversation on Seeking Alpha, you can leave a comment below or submit your own article.

Welcome to the latest edition of the Energy Recap. This week, we saw crude hit a two-month low. Now, on to the articles...

Energy Articles of Note

"Kinder Morgan (NYSE:KMI): After Latest Results, Are The Stock And Bonds A Buy Or Sell?" By Downtown Investment Advisory

"Bakken Update: Economics Improve As Costs Decrease And Enhanced Completions Improve Production" By Michael Filloon

"Ormat Technologies (NYSE:ORA): Higher Efficiencies In Geothermal Businesses Are Heating Up The Stock" By Michael Fitzsimmons (Please note that a Pro subscription is required to read the full article).

Energy Sector Bankruptcies for the Week Ended July 22, 2016

Here's a list of the most recent bankruptcy announcements in the energy sector:

- C&J Energy Services (NYSE:CJES)

Feel free to add any that we might have missed in the comments section below.

U.S. Oil Rig Count as of July 22, 2016

As per Baker Hughes, the number of active U.S. oil drilling rigs rose once again this week.

Click to enlarge

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.

Editor's Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.