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Thursday, November 17, 2022

Thursday Morning -- November 17, 2022

MDU: announces an increase in its quarterly dividend, from 21.75 cents, to 22.25 cents.  

Morning brief, link here:

Macy's: beats. Holy mackerel --

Here’s how Macy’s did in its fiscal third quarter compared with what analysts were anticipating, based on Refinitiv estimates:

  • Earnings per share: 52 cents adjusted vs. 19 cents expected
  • Revenue: $5.23 billion vs. $5.2 billion expected

Cisco

It's starting:

*************************
Back to the Bakken

The Far Side: link here.

Active rigs: 40.

WTI: $$84. Peace is breaking out.

Natural gas: $$6.424.

Friday, November 18, 2022: 30 for the month, 67 for the quarter, 612 for the year.
None.

Thursday, November 17, 2022: 30 for the month, 67 for the quarter, 612 for the year.
38818, conf, CLR, Bonneville 10-23H1,
38521, conf, Whiting, Kannianen 11-5-2HU,
37429, conf, Hess, EN-Madisyn-LE-154-94-0705H-5, 
35716, conf, Enerplus, FB Leviathan 151-94-27A-34-12T,

RBN Energy: is Texas ready? [I'm so tired of this.]

The energy landscape in Texas has undergone significant changes in the two years since the calamitous events of Winter Storm Uri in February 2021. The extreme weather wreaked havoc on the state’s electric generation and natural gas systems, and subsequent investigations resulted in two reform bills — Senate Bill 2 and Senate Bill 3 — aimed at installing new leadership at the Electric Reliability Council of Texas (ERCOT), the electric grid operator, and requiring state regulators to develop rules and standards to address the points of failure in electricity and natural gas infrastructure and operations. Since the bills were signed into law in June 2021, oil-and-gas, electric-grid and utility monitors have adopted a number of requirements, some more prescriptive than others. In today’s RBN blog, we highlight what has changed and where there are still potential gaps.

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