With earnings season almost wrapped up, 2017 data shows so far that shale productivity surprised to the upside, with a few key players, including Occidental Petroleum and RSP Permian, stealing the show.
A massive selloff sweeping across the market Friday, Feb. 2, made sure to make its way into the energy sector, sending the stocks of oil and gas producers and metals miners down the tubes.
U.S. oil and natural gas drilling rigs climbed by 15 this past week as oil futures play footsie with $70 per barrel and talk swirls around a potential pickup in oil and gas industry M&A.
I prefer a long call shooter, but it is very risky, so only use discretionary capital.
This is our third nat-gas FCG trade in the past three months, and the last two brought nice profits.
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