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PXE News and Press, Invesco Dynamic Energy Exploration &Production From 07/22/19

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Company Name: Invesco Dynamic Energy Exploration &Production
Stock Symbol: PXE
Market: NYSE

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PXE - Halliburton +8% after idling fracking gear, cutting costs

Halliburton ( HAL +8.1% ), the worst performer in the S&P 500 over the past year, is today's biggest gainer in the index after beating Q2 earnings expectations and saying it idled unused fracking equipment and cut 8% of its North American workforce, rising more than 8% for its bigg...

PXE - Weekly Energy Recap: China Distracts From Strait Of Hormuz

This May 5, 2019, photo issued by Karatzas Images showing the British oil tanker Stena Impero at unknown location, which is believed to have been captured by Iran. ((AP)) China's economy slowed to the weakest pace since quarterly data began in 1992 amid the ongoing trade standoff with the...

PXE - Oil Update

The numbers below do not take into account Exxon (XOM) restarting Baytown very soon that will take another 600,000bbl/day off the market. "Davidson" submits: US Crude Inv falls 9.5mil BBL & Gasoline Inv fall 1.5mil BBL With this report, US Crude Inv sits ~13mil BBL above its 5y...

PXE - Oil & Gas: Where Is The Capital Flowing?

The last two years have seen record low levels of mergers and acquisitions activity in the oil and gas sector in the United States. There are other signs of lassitude in the field: a record low volume of PE deals (more of that in a moment), and only six initial public offerings in the whole of...

PXE - What's The Long-Term Oil Outlook? Watch How The Majors Invest

By Joseph G. Paul, Akhil Kapoor, Jeremy Taylor What's the long-term outlook for oil in a world shifting to renewable energy? Oil majors publicly say supply-and-demand dynamics will support the market. But their investment choices suggest that they're preparing for a much weaker oil price i...

PXE - Happy Fourth! Is U.S. Energy Independence On Its Way?

US energy independence carries different meanings, depending on each person's views and experiences. History buffs may be reminded of a speech from President Nixon during the 1973 oil embargo. Energy industry stakeholders likely think of growing US oil and natural gas production. Others may th...

PXE - Fracking revolution a 'disaster' for investors, says former EQT boss

The shale gas revolution has been "an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions," according to former EQT Corp. ( EQT -6.8% ) CEO Steve Schlotterbeck. More news on: EQT Corporation, Antero Resources Corporation, Range ...

PXE - Fracking revolution a 'disaster' for investors, says former EQT boss

The shale gas revolution has been "an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions," according to former EQT Corp. ( EQT -6.8% ) CEO Steve Schlotterbeck. More news on: EQT Corporation, Antero Resources Corporation, Range ...

PXE - Oilfield service companies beginning to raise prices, report says

After years of struggling, oilfield service companies are beginning to raise prices for their products and services, according to a new report from research firm Rystad Energy. More news on: Schlumberger Limited, Halliburton Company, Baker Hughes, a GE company, Energy stocks news, News o...

PXE - Utilization Improved In Q2 2019, With Stable Demand And Pricing Expected In The Hydraulic Fracturing Market Through 2019

Compared to the first quarter in 2019 (2019-Q1), IHS Markit estimates that for the second quarter, hydraulic fracturing demand in the US has increased; however, this is partly offset by an increasing US supply of around 700,000 HHP. Indeed, contrary to previous expectations, capacity additions...

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