Notes From All Over -- The Pre-Market Edition -- Some Bakken -- August 13, 2020

Wow, wow, wow: after the jobs report this morning, the Dow turned positive and look at this -- AAPL is up another 1%, another $5/share in futures. Amazing. But the big story, again today, watching to see if the S&P can hit an all-time high.

AAPL target price: by the way, the target price for APPL, based on my calculations is ... drum roll ... $467 by December 31, 2020. I only needed two data points to calculate that target and I've yet to see any analyst publicly state a target price that high. If I'm correct, I will tell you the two data points. If I'm wrong, I'll conveniently forget that I posted this.

Transportation sector is on a tear. Let's see what UNP is doing: not trading yet.

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Original Post

AAPL: from a reader I'm being told that the AAPL dividend should be appearing in brokerage accounts today. Let's check some sites:

• market chameleon: pay date -- August 13, 2020; record date, August 10, 2020
• nasdaq; pay date -- August 13, 2020; record date, August 10, 2020
• yup -- just depends how efficient one's broker is, I guess, recording and reporting dividends.

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. 

Jobless claims:

• wow, only 963,000 vs 1.1 million estimated

How does the market respond? Dow futures was about 50 points negative all night/all morning. After the jobless report: Dow futures: down 40. So, we'll see. Wow, now the Dow futures down only 8 points; could we see the Dow go green on opening?

• NASDAQ: up 16 points; maybe we will finally hit the all-time record today; this will be the third day in the row the NASDAQ had come whisker-close, but no cigar, to mix metaphors;

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Back to the Bakken

This Bakken well has just gone over 600K bbls crude oil cumulative:

• 16965, 1,109, EOG, Hauge 1-01H, Parshall, a short lateral t6/09;  cum 600K 6/20; off line 5/20; returned to production, 6/20;

These two Bakken wells on track for one million bbls crude oil cumulative and still no pump for either:

• 17158, 4,184, Whiting, sRichardson Federal 11-9H, Sanish, t10/08; F; cum 984K 6/20;
• 17147, 2,101, XTO, HBU Boucher 41X-21, Hofflund, t4/09; F; cum 936K 6/20;

This Bakken well; just 600 bbls short of one million bbls crude oil cumulative; has been off line since late April, 2020; I assume it is back on line and will be over the one-million mark next reporting period;

• 17222, 1,769, EOG, Austin 18-21H, Parshall, t9/08; cum 999,414 bbls 4/20;inactive as of 2/16; back on status as of 6/16; off line 5/20; remains off line 6/20;