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Wednesday, January 9, 2013

Random Look At The Market

Disclaimer: this is not an investment site. Do not make any investment decisions based on what you read hear.

CLR continues to hold onto gains made yesterday.

Although OAS is down a bit today, it has held up very, very well. (I haven't checked in on Oasis for about four weeks; I am blown away that OAS has held up this well despite some headwinds.)

KOG up a bit today, but certainly nothing to suggest any "big" news coming out of KOG this week.

ENB down a bit at the opening, as is GLP.

TransCanada has just hit a new 52-week high and pays 3.7%. News? TransCanada will build a $5 billion NGL pipeline to Pacific Coast:
TransCanada Corp., builder of the Keystone XL oil pipeline, agreed to build and operate a C$5 billion ($5.1 billion) natural-gas conduit to Petroliam Nasional Bhd’s proposed export terminal in British Columbia.
The Prince Rupert Gas Transmission project has a proposed initial capacity of 2 billion cubic feet a day from the Montney region to the proposed liquefied natural gas terminal in Port Edward, British Columbia, TransCanada said today in a statement. The pipeline may begin operation in 2018.
BRK, the railroad company, has pulled back slightly from almost hitting a new 52-week high.

EEP and EPD are both up a tad.

Except for XOM, all the majors are up a bit.

Did Halcon Resources "change" its name? It shows up as "Halc" at Yahoo!Finance. Will have to check in later on that.

4 comments:

  1. Bruce, I hope you will do an analysis of the Hamlet field. I tried but to no avail. I see there are multiple wells all over the area. Just got word there are now 3 Milton wells to go along with the 16 Hamlet and Salo wells.

    It seems that so many of the single wells drilled a few years ago are now becoming multiple wells.

    This is very good for ND environment and all the things you mentioned. I finally looked at the confidential well list and noticed so many of the companies are doing multiple wells from just a few pads. No wonder the rig count is down.
    Dennis

    ReplyDelete
    Replies
    1. Dennis,

      It looks like you are ahead of the curve, farther ahead of me on the Hamlet, but I will see what I can do. Thank you for all the kind words. It's a slow day, so maybe I will get to the Hamlet.

      Two years ago I never would have guessed the enthusiasm for Divide County; you saw the story no doubt posted earlier this morning about Hunt getting ready to go into the Crosby area in a huge way.

      Delete
  2. No name change.


    anon 1

    ReplyDelete
    Replies
    1. Thank you; it must just be a "temporary" Yahoo thing.

      Delete

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