What’s Next For Indy Drillers APA, AGYP, REI, CPE And CDEV?

February 3, 2022

S&P Energy Stocks cumulative has delivered a 23% spike in performance this year. Majors like XOM and Chevron Corp. (NYSE: CVX) together with smaller independents such as Permian Basin-based APA, AGYP, REI and CDEV are focused on 2022 performance. ANALYSTS WAITING FOR MORE ENERGY EARNINGS REPORTS  Analysts await as assumed amazing earnings inject more life into the already lively oil securities markets.  BP (NYSE: BP) and Dutch Shell could be…

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$100 Oil, Broken Supply Chain, and Why Texas May Be The Answer

November 2, 2021

Oil prices are currently rising at an incredible rate, and are unlikely to slow down according to several analysts.  This week Bank of America noted in Bloomberg that Brent crude benchmark will hit $120 per barrel by the end of June 2022.  This came after news that some industries have started to use oil instead of high-priced gas for their fuel needs. Most experts have not factored this into their…

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Domestic Oil Investors Back Permian Stocks as the Commodity Soars

September 23, 2021

Oil is already up 48% on the year. Goldman Sachs recently updated their Brent crude forecast to $80 per barrel. Bank of America strategist Francisco Blanch is calling for $100 oil. In the US despite a general economic malaise fuel demand has recovered.  In the last month, supply reached almost 21 million barrels per day, which is around the pre-pandemic peak in 2019. This rising demand is meeting a shrinking…

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