Earnings -- 3Q22

Earnings tomorrow: ticker (EPS forecast):

• COP ($3.41),
• CHRD ($8.06),
• ERF ($0.88),
• APA ($0.98), 
• RIG (a loss of $0.15)
• AMGN ($4.43)
• SBUX ($0.73)
• EOG ($3.83)
• SRE ($1.90)
• WBD ($0.02)

CLR Earnings -- 3Q22

Press release:

From SeekingAlpha:

2011 Honda Civic Mileage -- November 2, 2022

 

I guess it's a 2012 model bought in late 2011.

Seventeen New Permits -- November 2, 2022

WTI: $88.95.

Natural gas: $6.090

Active rigs: 41.

Seventeen new permits, #39361 - #39377, inclusive:

• Operators: MRO (11); Grayson Mill (6)
• Fields: Bailey (Dunn County); Catwalk (Williston)
• Comments:
• Grayson Mill has permits for six Williston wells, lot 4 section 19-154-100; 
• to be sited between 222 FSL and 224 FSL and between 298 FWL and 268 FWL
• southeast of Williston; under the river; 
• 1280-acre drilling unit; sections 25/36-154-100
  
• MRO has permits for eleven wells (Peggy, Louise, Sandra, Thompson, Deuce, Amber, Red, Beth, Whalen, Leah, and Skip), NENW 29-146-94, 
• to be sited between1666 FWL and 1669 FWL;

The Grayson Mill Williston wells sited in section 4 section19-154-100:

Little Muddy River.

EIA Weekly Petroleum Data -- November 2, 2022

EIA data today, link here:

• US commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.1 million barrels from the previous week.
• At 436.8 million barrels, U.S. crude oil inventories are about 3% below the five-year average for this time of year.
• Total motor gasoline inventories decreased by 1.3 million barrels from last week and are about 6% below the five-year average for this time of year.
• Finished gasoline inventories increased, but blending components inventories decreased last week.
• Distillate fuel inventories increased by 0.4 million barrels last week and are about 19% below the five-year average for this time of year.
• Propane/propylene inventories increased by 1.2 million barrels from last week and are 4% above the five year average for this time of year.
• Total commercial petroleum inventories decreased by 0.7 million barrels last week.

Other data in the EIA report today:

• US refiners increased operations week-over-week, from below 89% last week, if I recall correctly, to 90.6% this week;
• gasoline production increased last week (see above) but blending component issues affected overall gasoline inventories
• distillate fuel production increased last week; a combination of production and demand resulted in an increase of 0.4 million bbls distillate fuel inventories last week but distillate fuel inventories still 19% below their five-year average;
• over the past four weeks, motor gasoline product supplied averaged 8.6 million bpd, down by 8.2% from the same period last year;
• jet fuel supplied was flat, up 0.7% compared with the same four-week period last year