Friday, September 20, 2013

Around The Horn -- Market Open

Active rigs: up to 182. 

Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read here or what you think you may have read here. 

No surprises below; pretty much in line with the overall market. 

Oil is really holding its own.  Despite some pullback, still above $105. For Bakken operators, the sweet spot is probably between $95 and $100 but will trend up.

KOG down about a percent.

Oasis, flat.

HK down a cent, in line with the overall energy sector. I used to follow KOG as the bellwether for the Bakken (I personally don't own any KOG), but now, for the short term, HK is a better Bakken indicator in my mind.

CVX, COP, XOM: all up slightly; COP is trading at a new high.

EOG is up, but not yet at its new high.

CHK: up again, short of its recent high.

SD: up, barely.

AMZG: no trades yet/or flat.

TPLM: still holding its new high. Up a few pennies. Very, very strong.

UNP up about half a percent.

I don't follow BNSF (BRK) much any more; BRK follows the market in general.

ENB, EEP: one up; one down; trading range.

EPD: down slightly.

SRE down slightly.

TransCanada: surprising; up another half-a-percent.

CLR: pulls back; barely over $101.

WLL: down slightly; pulls back slightly from recent high.

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