Cramer's First Hour -- Part 1 -- October 16, 2024

Locator: 48585CRAMER.

Cramer's first hour: a mix of facts, factoids, opinions from various sources -- often not cited -- while listening to Cramer's first hour on CNBC.  

Schwab (SCHW): wow -- up almost 10% in pre-market trading. Could be the biggest gainer today! Wow. 

BofA, GS: nice. Both beat. "All" banks up in pre-market trading. Cold be another great day on the market. 

AAPL: pre-market, wow! We'll see if it holds.  

Medicare, UnitedHealth: big story, Cramer's first hour. More on this later. UNH down $65 in pre-market trading. $65!!!

More on the market cap: AAPL vs NVDA. Another big story, Cramer's first hour.

WTI: drops below $70.

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Disclaimer
Brief Reminder 

• I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• 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. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
• Reminder: I am inappropriately exuberant about the US economy and the US market.
• I am also inappropriately exuberant about all things Apple. 
• And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia.

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Back to the Bakken

WTI: $70.67.

Wednesday, October 16, 2024: 30 for the month; 30 for the quarter, 544 for the year
40269, conf, Hess, EN-L Cvancara LS-155-93-2826H-1,

Tuesday, October 15, 2024: 29 for the month; 29 for the quarter, 543 for the year
39213, conf, BR, BoRink 5A TFH-ULW,

Monday, October 14, 2024: 28 for the month; 28 for the quarter, 542 for the year
40261, conf, Enerplus, MC-Kudrna 144-95-15-22-2H,
39212, conf, BR, Parrish-Kermit 5A MBH-ULW,

Sunday, October 13, 2024: 26 for the month; 26 for the quarter, 540 for the year
None.

Saturday, October 12, 2024: 26 for the month; 26 for the quarter, 540 for the year
40260, conf, Enerplus, MC-Kudrna 144-95-15-22-3H,
39211, conf, BR, Boxer 4C MBH-ULW, 

Wells of interest (done quickly; need to double check well names -- very, very interesting well names); to be re-checked later:

• 40194, conf, Hess, EN-L Cvancara ARA-LS-155-93-2826H-2, Robinson Lake,
• 40193, conf, Hess, EN-Cvancara A-155-93-3231H-11, Robinson Lake,
• 40195, conf, Hess, EN-Cvancara A-LN-155-93-3231H-1, Robinson Lake, spacing unit, sections 29 / 30 / 31 / 32 - 155-93.
  

• 40269, conf, Hess, EN-L Cvancara LS-155-93-2826H-1, Robinson Lake, spacing unit - sections 26 / 27 / 28* / 33 / 34 / 35 - 155-93. The EN-Cvancara wells are tracked here but that post has not been updated in a long time. In addition, it appears these newer Cvancara wells are sited on a new pad, north of the original mega pad. I'll sort that out later.
  

Date	Oil Runs	MCF Sold
8-2024	28807	35751
7-2024	30299	37426
6-2024	24776	27523
5-2024	18570	19391
4-2024	3007	2417

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RBN Energy

Monday: armed with new growth plans, Gulf of Mexico drillers endure hurricanes and more.

The Gulf of Mexico (GOM) may account for less than one-fifth of U.S. oil production but it’s a region that’s more than holding its own. Drillers plan to expand production, using advanced technologies to tap untouched reserves in deeper waters. Still, Gulf Coast output has always been at risk from severe storms, just like the onshore outlets and infrastructure on which producers depend. In today’s RBN blog, we’ll discuss highlights from our new Drill Down Report on the developments in the Gulf.

Friday: more EVs coming, but forecasts for sales growth, impact on gasoline demand vary. Archived.

There’s been a lot of speculation about whether the pace of electric vehicle (EV) adoption has slowed, with JD Power now expecting EVs to make up 9% of U.S. new-car sales in 2024, down from its earlier estimate of 12.4% but still up from 7% in 2023. The group remains bullish on EVs in the long term, expecting market share to reach 36% by 2030 and 58% by 2035. The forecast from RBN’s Refined Fuels Analytics (RFA) group forecast has been — and continues to be — more conservative than most but still anticipates EVs will reach 50% of U.S. new-car sales by the early 2040s. In today’s RBN blog, we’ll look at what drives these forecasts and the anticipated impacts on gasoline demand.