Reporting Tomorrow -- 3Q22 -- November 3, 2022

Reporting tomorrow:

• BRK.B ($3.10)
• ENB ($0.50)
• DUK
• D
• CAH ($0.96)
• HMC -- Honda ($0.91)

Recession: IIRC I read that the decision to pause hiring was made last July. I see a pause in hiring a short-term bullish sign for AAPL. But that's just me. No recommendation. Usual disclaimer in effect.

When I saw AAPL today, for only the second time in my life, I considered buying AAPL on margin. And, yes, I will add more AAPL to my portfolio tomorrow. Remember: I have a 30-year horizon.

Abbreviated 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. Full disclaimer at tabbed link.

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.

The Book Page -- November 3, 2022

In The New Yorker, one of my favorite writers: Adam Gopnik -- wow, Adam has been around for decades. 

The latest issue, Gopnik reviews Stacy Schiff's The Revolutionary: Samuel Adams (Little, Brown), c. 2022.

Coincidentally, I read a review of the same book earlier this morning -- two reviews of the same book on the same day. Obviously, it's going to be on my autumn reading list. 

The other review, at The Literary Hub, no paywall. Link here.

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Maurice Sendak

This will arrive tomorrow; ordered today.

This week's selection for the autumn reading list.

Link here.

Ten DUCs Reported As Completed -- November 3, 2022

On social media right now:

• the price of the world's two main food staples, wheat and rice:
• roughly the same price as they were in November, 2021
• before the Russian invasion of Ukraine
• both wheat and rice are priced "lower" than they were ten years ago
• General Mills, Audi, Pfizer: join growing list of companies pausing twitter ads
  SecEnergy Granholm:
• SPR: on CNBC, "there are 400 million barrels per day in the SPR"
• that's the SecEnergy of the US
• now being repeated by CNBC anchors
• oil produceer EOG's quarterly profit surges on strong energy prices
• job growth in October will be "good" but will be slower than recent months -- well, duh, the U-1 unemployment rate is 1.1 percent; how much job growth can there be?
  
• I'm going to buy a $200,000 electric car and a $10,000 battery charging station with batteries that cost $25,000 a pop -- so I can brag about saving $100 per month in gas.

 1975. Great memories of California.

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Back to the Bakken

Active rigs: 41.

WTI: $88.02.

Natural gas:  $5.932.

Three new permits: #39378 - #39380, inclusive:

• Operators: Hunt Oil (2); Eagle Operating
• Fields: Werner (Dunn Coounty); Chatfield (Bottineau)
• Comments:
• Hunt Oil has permit for two more Halliday wells, lot 1 section 30-146-92; 
• to be sited 300 FNL and at 1180 FWL and 1210 FWL;
• Eagle Operating has a permit for a Cutbank well, SWSW 18-159-81; 
• to be sited 660 FSL and 600 FWL; "extension;

Ten producing wells (DUCs) reported as completed:

• 38518, 866, CLR, Thorp Federal 8-28H,
  
• 38526, 648, CLR, Thorp Federal 9-28HSL1,
  
• 38673, 1,894, CLR, Bang 8-4H, CLR's Bang wells are tracked here.
  
• 38674, 1,918, CLR, Bang 7-4H1,
  
• 38675, 1,352, CLR, Bang 6-4H,
  
• 38676, 960, CLR, Bang 5-4H1,
  
• 38677, 1,474, CLR, Bang 4-4H,
  
• 38965, 1,286, EOG, Mandaree 148-0916H, the EOG Mandaree wells are tracked here.
  
• 38966, 1,346, EOG, Mandaree 148-1015H,
  
• 38322, 454, Whiting, Braaflat 11-11-2H,
  

APA -- 3Q22

Topped earnings and revenue estimates.

RIG -- 3Q22

Transcript here.