Welcome to the latest edition of the Energy Recap. This week, after receiving feedback from readers that they'd like to see some weekly data on oil, we've included two new charts from the EIA - "U.S. Crude Oil Domestic Production" and "U.S. Crude Oil Refinery Inputs." Please let us know in the comments section below if these charts are helpful, or if there are others that would be more useful.
Energy Articles of Note
"Cabot Oil & Gas: Why The Stock Is Not Keeping Up With A Sharp Rise In The Natural Gas Price" By Michael Fitzsimmons
"Bakken Update: EOG Big Well Design Winner In The Bakken And Probably Everywhere Else" By Michael Filloon
"A Closer Look At The Transocean-Transocean Partners Merger" By Vladimir Zernov
Energy Sector Bankruptcies for the Week Ended Oct. 14, 2016
Here's a list of the most recent bankruptcy announcements in the energy sector:
We did want to note that on Thursday, Oct. 13, Goodrich Petroleum (GDPM) announced that it has "successfully completed its Chapter 11 reorganization plan and has formally emerged from bankruptcy."
Feel free to add anything that we might have missed in the comments section below.
U.S. Oil Rig Count
As per Baker Hughes, the number of active U.S. oil drilling rigs rose for the seventh straight week.
Weekly Natural Gas Storage Report and Summary
Natural Gas Rig Count
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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.