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HomeAuthorsClark Savage

Articles by Clark Savage

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Crude Oil News

Energy News Beat 2/4/2021: Earnings on Earnings

February 4, 2021 Clark Savage

Stocks have another green day to patch a solid week for the markets as earnings and economic data shine bright S&P 500: 85% Nasdaq: 78% Dow Jones: 56% A better-than-expected jobless claims report helped boost […]

Commodities

Overnight Oil Report 2/4/2021 – Crude TO THE MOON

February 4, 2021 Clark Savage

Singapore — 0248 GMT: Crude oil futures rose during mid-morning trade in Asia Feb. 4, as the US Energy Information Administration reported a draw in crude inventories and as the OPEC+ meeting concluded with a sense […]

Energy News Beat - Logo
Carbon Tax

Energy News Beat: 2/3/2021 – JMMC for IR Guy Of The Week

February 3, 2021 Clark Savage

Markets fluctuated amid a huge number of corporate earnings. S&P 500: 39% Nasdaq: 72% Dow Jones: 60% Amazon reported earnings nearly doubled Wall Street estimates, while delivering its biggest revenue of all time at $125.56 billion, […]

Commodities

Overnight Oil Report 2/3/2021: API reports crude draw, prices rise

February 3, 2021 Clark Savage

Singapore — 0246 GMT: Crude oil futures rose during mid-morning trade in Asia Feb. 3 after the American Petroleum Institute reported a large draw in US crude inventories, underscoring the bullish sentiment being fostered by improved […]

Earnings

Energy News Beat: 2/2/2021: Going “Greening”

February 2, 2021 Clark Savage

Broad markets rise as GameStop fury runs out (couldn’t quite hold the line), and big earnings dropping. S&P 500: 39% Nasdaq: 72% Dow Jones: 60% “Inevitably, and as with any technically-driven short squeeze, the Reddit […]

ConocoPhillips - Northslope - Energynewsbeat.com
Crude Oil News

ConocoPhillips Q4 loss is narrower than expected

February 2, 2021 Clark Savage

Market Watch – ConocoPhillips COP, 2.65% said Tuesday it had a net loss of $800 million, or 72 cents a share, in the fourth quarter, after earnings of $700 million, or 65 cents a share, in the […]

Permian Flaring - Energy News Beat
Carbon Tax

New Mexico Looks To Solve Its Gas Flaring Problem

February 2, 2021 Clark Savage

Gas flaring in the largest U.S. shale plays has been in the spotlight since the shale revolution started. Pressure from society and ESG investors have recently turned up the heat on the oil and gas […]

Commodities

Overnight Oil Report 2/2/2021 – Bulls in back in town?

February 2, 2021 Clark Savage

ENB Publishers Notes: Bulls ARE BACK IN TOWN baby as crude pushes for $55 off improved supply/demand outlook Singapore — 0323 GMT: Crude oil futures rose mid-morning in Asia Feb. 2 on the back of an […]

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Commodities

Energy News Beat 2/1/2021: “Carbon Neutral” Oil Production

February 1, 2021 Clark Savage

February off to a good start with broad indices rising behind more heavy retail trading and a shake off from Friday’s trading session. S&P 500: 78% Nasdaq: 60% Dow Jones: 23% “The return of volatility […]

ENB Pub Note

Surge Energy America Announces Midland Basin Acquisition for $420mm

January 31, 2021 Clark Savage

ENB Publishers Note: Early thoughts – high price for only 9,000 BOEPD but with large available drillable sites left, this deal looks to be a gamble on lease costs going up over the next few […]

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