PXE News and Press, Invesco Dynamic Energy Exploration &Production From 12/22/19

Oil continued its upward momentum for the third consecutive week and rose to its highest level in six months. Brent crude advanced to $66.14 per barrel and WTI reached $60.44 per barrel. According to Baker Hughes data, the US oil rig count saw an increase of 18 rigs, the first double-digit g...

Gainers:  Direxion Daily Pharmaceutical & Medical Bull 3X (NYSEARCA: PILL )  +26.2% . More news on: Direxion Shares ETF Trust - Direxion Daily Pharmaceutical & Medical Bull 3X Shares, Direxion Daily Natural Gas Related Bull 3x Shares ETF, Direxion Daily S&P Oil &...

In a challenging macro environment for the energy space, the broad midstream universe has performed defensively this year. MLPs may finish down for the third consecutive year on a price-return basis given performance through December 10, with MLP performance substantially diverging from midstr...

By Adam Button The latest decrease in OPEC+ quotas, combined with an extra cut from Saudi Arabia sent oil prices 7% higher last week. Despite the move, the market has grown far too complacent about the risks in the sector and the murky outlook for 2020. CFTC positioning data showed a shi...

When there's a slide highlighting "checks and balances" in an oil producer's presentation, as seen in the appendix of EOG Resources' (EOG) 3Q19 presentation , that's probably a good sign of heightened political risk facing the energy industry. To state the obvious, election season is well und...

By Bob Iaccino At a Glance Will Saudi Arabia continue being supportive of supply cuts? The price of oil will be key for the valuation of Aramco ([[ARMCO]]) shares. Anyone who has traded crude oil knows that, for the better part of five decades, the Organization of the Petroleum E...

Devon Energy ( DVN +0.8% ) and Hess ( HES -0.2% ) are upgraded at J.P. Morgan as part of the firm's 2020 outlook on the oil and gas exploration and production sector. More news on: Devon Energy Corporation, Hess Corporation, Vermilion Energy Inc., Energy stocks news, News on ETFs, ...

Oil companies are burning a record amount of natural gas instead moving it to market and selling it, according to a new report from the U.S. Energy Information Administration. More news on: The United States Natural Gas ETF, LP, The Williams Companies, Inc., Energy Select Sector SPDR E...

Nigeria seems fully committed to the implementation of its quota as agreed with OPEC+. According to the country's minister for state of petroleum, Nigeria's compliance has improved since August. Production of crude stood close to 1.8 million b/d in October, much lower than the 1.96 million b/d...

This is a guest post by Ovi. All of the oil production data for the states comes from the EIAʼs Petroleum Supply Monthly . The charts below are updated to September 2019 for the largest US oil-producing states (>100 kb/d). There continues to be much speculation and informati...