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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

Earnings

Hess Corporation Q4 releases earnings – loses $97mm ($0.32 per share)

January 27, 2021 Mariel Alumit

NEW YORK (AP) – Hess Corp. (HES) on Wednesday reported a loss of $97 million in its fourth quarter. The New York-based company said it had a loss of 32 cents per share. Losses, adjusted […]

Crude Oil News

Overnight Oil Report 1/27/2021: Is $GME an energy stock?

January 27, 2021 Mariel Alumit

ENB Publishers Note:  Too bad oil price’s don’t move like $GME (ok final reference for the day) huh? Crude oil prices stay flat even mid bullish draw according to the API.  Traders wait for EIA […]

Commodities

Energy News Beat 1/27/2021: Oil and Gas Gets Political

January 26, 2021 Mariel Alumit

Another choppy day for the markets as stocks finish flat ahead of big corporate earnings. S&P 500: 00% Nasdaq: 20% Dow Jones: 04% General Electric shares jumped 9% on its better-than-expected industrial free cash flow for the fourth […]

Biden - 2021
Political

President Biden orders study on effect of ban on new drilling on federal lands and water – NYT report

January 26, 2021 Mariel Alumit

Oilprice.com – U.S. President Joe Biden is expected to sign on Wednesday an executive order directing federal government agencies to determine the extent of a ban on new drilling on federal lands and waters, The […]

Commodities

Overnight Oil Report 1/26/2021 – Markets choppy as traders await new data

January 26, 2021 Mariel Alumit

Singapore — 0318 GMT GMT: Crude oil futures were lower during mid-morning Asian trade Jan. 26, as pandemic-related concerns in the region negated any market upside anticipated from the curtailment of supply. At 11:18 am Singapore […]

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Crude Oil News

Energy News Beat 1/27/2021: SpaceX wildcatters?

January 25, 2021 Mariel Alumit

  Another “record” Monday for the S&P as major indices inch higher as earnings season takes full effect this week. This coming week, 13 Dow components and 111 S&P 500 companies are set to report […]

Commodities

Over-weekend Oil Report: Complex energy fundamentals keep prices range bound

January 25, 2021 Mariel Alumit

ENB Publishers Note: $CL currently trading at $52.47, finding a large block of volume at $52.40. Stocks back on normal drop dates (CL Wed @ New York — An unexpected US gasoline draw supported RBOB futures […]

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Commodities

Energy News Beat: 1/22/2021

January 22, 2021 Mariel Alumit

Friday trading session ends with a lull as major indices retreat from all time highs. The broad equity benchmark dipped 0.3% to 3,841.47 after closing at a record in the previous session. The Nasdaq rose […]

Energy Storage

SpaceX Plans to Drill for Natural Gas Next to Texas Launchpad

January 22, 2021 Mariel Alumit

Elon Musk recently moved to Texas, where he launches some of his rockets and is building a battery factory. Now, for good measure, he plans to drill for natural gas in the state. The billionaire’s SpaceX […]

Commodities

Overnight Oil Report 1/22/2021: Prices slump amid COVID ramp-up

January 22, 2021 Mariel Alumit

ENB Publishers: Markets reminded that CIVD exists (who knew?) driving prices down below $52 Singapore — 0243 GMT: Crude oil futures fell during the mid-morning trade in Asia Jan. 22, as pandemic concerns heightened amid a […]

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