Four Wells Coming Off Confidential List Today -- November 6, 2019

Earnings on tap today: QCOM, EOG. After hours:

• during the day, both were down; EOG was down almost 4%
• market to close in about three minutes
• I was lucky on FANG; my day always said "better to be lucky, than to be smart"
• QCOM: wow, wow, wow, -- it just went green -- up 1.62% -- 3:02 p.m. CST -- somebody knows something?
• there it is: QCOM beats; QCOM surges; up 5%; up $4.09
• $4.8 billion vs $4.7 billion forecast
• 78 cents vs 71 cents forecast
• guide a bit stronger than expected; well-positioned as 5G accelerates in 2020
• back in with Apple
• EOG flat after hours (3:02 p.m. CST); great report
• earnings here; 
• shares up slightly after hours, after big loss during the day

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

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Back to the Bakken

Active rigs:

$57.18	11/6/2019	11/06/2018	11/06/2017	11/06/2016	11/06/2015
Active Rigs	55	66	52	37	64

Wells coming off the confidential list yesterday, today -- Wednesday, November 6, 2019: 23 for the month; 118 for the quarter:

• 35437, conf, Hess, GO-Elvin Garfield 156-97-1918H-1,
• 35283, conf, Enerplus, Mulberry 149-93-21B-22H-TF, 
• 34947, conf, Whiting, Moline 41-15-1H,
• 34926, conf, CLR, Collison 9-23H1,

Tuesday, November 5, 2019: 19 for the month; 114 for the quarter:

• 34721, 696, Oasis, Mildred Nelson 5298 12-25E 6B, 50 stages; 6 million lbs; Elidah, t5/19; cum 160K 9/19;
• 33963, 2,347, CLR, Hereford Federal 14-17H1, 81 stages; 15.6 million lbs, Elm Tree, t9/19; cum 20K 9/19;

RBN Energy: a step-by-step guide to making an international LPG trade, part 2.

In October, some 45 MMbbl of liquefied petroleum gases (LPGs) were loaded onto ships and sent out from U.S. ports, more than 80% of it from Texas Gulf Coast terminals. Most propane and normal butane exports are tied to long-term deals between U.S. suppliers and overseas buyers, but a substantial share involves third-party LPG traders who cut deals to buy LPG, arrange for shipping and terminaling, then sell the LPG to buyers in distant lands. How exactly does all this happen? Today, we continue a series on how U.S.-sourced LPG makes its way to Asia, Europe and other key export markets.

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Portrait Of A Young Artist At Work