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Tuesday, February 2, 2021

Silver Plummeting -- Down 6%; WTI Up 2.54%; Trending Toward $55 -- February 2, 2021

Silver, link here, at 6:28 a.m. CT, February 2, 2021:

  • down 6.16%
  • down $1.813
  • trading at $27.605

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Back to the Bakken

Active rigs:

$54.91
2/2/202102/02/202002/02/201902/02/201802/02/2017
Active Rigs1454645740

One well coming off confidential list today -- Tuesday, February 2, 2021: 3 for the month, 36 for the quarter, 36 for the year.

  • 32852, PNC, BR, Remington 1A MTFH, Blue Buttes,

RBN Energy: breadth of midstreamers' portfolios help shape their fates in tough times.

For many midstream companies, the experience of the past 12 months has been akin to falling down a flight of stairs. The fortunate sit at the bottom — stunned a bit, with arms and legs akimbo — and gradually determine that they’re generally alright, and that they’ll be more careful next time. The less lucky? They’re banged up and bloodied, and maybe headed to the ER and, after that, weeks of physical therapy. But were the “fortunate” really just lucky? Or were they in better shape, more athletic, more prepared for any eventuality? And what about companies when they’re hit hard with a sudden, negative shift in market conditions, out of the blue? Today, we discuss highlights from the second part of East Daley Capital’s 2021 edition of Dirty Little Secrets report, which examines the assets and outlooks of 26 leading midstream companies. We’ll focus on two representative midstreamers: Energy Transfer and EnLink Midstream.

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