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.
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
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.
Weekly Natural Gas Storage Report
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