Energy Recap: More Natural Gas Data To Digest

| About: Apache Corporation (APA)

Summary

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

In this edition, we highlight articles on Apache, American Midstream and the Bakken, 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. Last week, we added two charts that provide data from the EIA Weekly Natural Gas Storage Report. We'll continue to feature updates on those charts each week, just like we do with the U.S. oil rig count chart.

Just for this week, we wanted to share an interesting chart we found that shows the evolution of the total number of rigs directed toward natural gas in the United States. It also displays an annual change in the rig count. If this chart is something you'd like to see updated in the recap each week, please let us know in the comments below.

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Energy Articles of Note

"Apache Generates Free Cash Flow That Highlights Fiscal Discipline" By Callum Turcan

"American Midstream: A Big Block Trade Is Likely The Catalyst For Even Bigger Total Returns" By Michael Fitzsimmons

"Bakken Update: A Brief Overview Of How To Invest In U.S. Oil E&Ps By Using Knowledge Of Sweet Spots" By Michael Filloon

Energy Sector Bankruptcies for the Week Ended Sept. 2, 2016

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

- Twin Butte Energy (OTC:TBTEF) filed for bankruptcy on Aug. 31 under Canada's Bankruptcy Insolvency Act.

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

U.S. Oil Rig Count as of Sept. 2, 2016

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

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Weekly Natural Gas Storage Report

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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.