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The Magic Number To Keep The Shale Boom Going Is $55: Morningstar
Tuesday, August 6, 2019 - 10:44am | 950Read More...The assumption that U.S. oil production will continue to rise, undeterred by anything other than some sort of severe disruption, gets questioned in a new report by Morningstar, which lists $55/barrel as the key number to keep the shale boom alive. "If prices stay above $55/barrel, production will...
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Shale Recovery Doesn't Guarantee Upside For E&P ETFs
Thursday, March 9, 2017 - 9:43am | 517Read More...The energy sector was one of the best-performing groups in the S&P 500 last year, but that trend has reversed this year with energy noticeably lagging as the broader U.S. equity market continues flirting with new highs. The Energy Select Sector SPDR ETF (NYSE: XLE), the largest energy sector...
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Is Canada Losing Steam?
Friday, December 2, 2011 - 11:27am | 461Read More...Employment numbers in the US may have dominated the markets on Friday morning, but the US was not the only country reporting employment data. Disappointing data out of Canada indicated that the country's economy might be slowing significantly. Unemployment in Canada printed at 7.4%. Expectations...
