EnergyNewsDesk

Atomic Safety, World Hydrogen using natural gas and green.

We cover Data Gumbo and their new ESG Saudi Aramco Attacks Turkey - steps up to play in the sandbox We have an App - Google Play Store - Energy News Beat for the IV of energy news.

We cover Friday with David Ramsden Wood, this week in Oil the prices go wild! - International oil news.

The Daily Energy Show with Michael Tanner - OPEC pulls a rabbit out of the barrel today - Oil goes to the moon.

Is the gang going green, or are we on the "Balanced Diet of Power"

We cover the markets and OPEC &OPEC + meetings Thursday and Friday

"Warning for Texas Residents" We cover the Energy Markets and talk about Ercot and world events.

Hall Pass Friday and IR Guy of the week - Double Permian

Crude to the Moon! Sign up for our case study webinar: https://sandstonecg.com/register_di/

Energy News Beat: 2/23/2021 Tech sell of continue amid Chairman Powell’s meeting notes of managing inflation • S&P 500: -0.8% • Nasdaq: -2.1% • Dow Jones: -0.42% “The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved,” the Fed chief said in prepared remarks for the Senate Banking Committee. Tesla traded 4% lower after sliding as much as 13% earlier, following a 9% decline in the previous session. Apple lost 1.7% after a 3% slide on Monday. The iPhone maker’s stock is down about 11% over the last month. Crude Oil and Natural Gas News Crude oil prices trade flat amid market turbulence, causing E/P stocks to rise through all this selling. Crude oil price currently trading around $61.59. Natural gas prices drop as weather models turn warm, with natural gas prices currently trading around $2.901 US Energy News • Earnings on earnings on earnings

Stocks flat amid the rise in broad interest rates and downward pressure for tech names - Had a few video issues - but we sound better than we look anyway S&P 500: -0.2% Nasdaq: -1.56% Dow Jones: 0.44% The 10-year Treasury yield jumped 14 basis points last week to 1.34%, near its highest level since February 2020. On Monday, the benchmark yield hit a high of 1.37% before turning flat. So far this month, the benchmark rate has moved up 25 basis points. A basis point is 0.01%. Crude Oil and Natural Gas News Oil prices move much higher today as falling COVID-19 cases prove to help sustain this bull market. Crude oil prices currently trading around $61.67. Natural gas prices take a breath amid a slew of warmer weather acting as a large bear in the market currently. Natural gas prices currently trading around $2.956 US Energy News Busy day tommorow! - Lots of Earnings International Energy News Iran ready for talks Saudi/Russia ahead of OPEC+ Indian gas prices Iran and solar? Follow Energy News Beat on YouTube, Rumble, and Twitter

We love to poke fun at all types of energy, especially the EnergyNewsBeat team.

David Ramsden-Wood of #hottakeoftheday joins the Energy News Beat team for our regular "Friday's with DRW". Sign up for #hottakeoftheday.com. We cover Texas and the power implications.

Major indices fall after weak jobs data and a miss in Walmart earnings • S&P 500: -0.52% • Nasdaq: -0.73% • Dow Jones: -0.44% Walmart shares dropped nearly 6% after its fourth-quarter earnings fell short of Wall Street estimates. First-time filings for unemployment insurance totaled 861,000 last week, the highest level in a month and above the Dow Jones estimate of 773,000, the Labor Department reported Thursday. “This is not the direction that you want to see jobless claims go but keep in mind this could be a small bump in the road as the pace for vaccinations continues to accelerate and cases are down across the country,” said Mike Loewengart, chief investment officer at E-Trade Financial. Crude Oil and Natural Gas News Crude oil prices fall over 2% today amid the dollar getting stronger and expected OPEC increase in production, with crude oil prices settling around $59.88. Natural gas prices lose 5% as demand begins to taper off from TX and OK, with natural gas prices currently trading around $3.082 US Energy News • Ovintiv earnings • Bonanza Creek earnings • Southern Company earnings • Antero earnings • Natural gas stocks -237 bcf International Energy News • Saudi to raise oil prices • Brent nears $65 • China wants rare earth minerals

Major indices pared major losses amid Berkshire Hathaway dives back into the stock market. • S&P 500: -0.05% • Nasdaq: -0.60% • Dow Jones: 0.21% Verizon was among the biggest gainers after Warren Buffett’s Berkshire Hathaway revealed a sizable stake in the telecom giant. Chevron jumped 3.5% as Berkshire revealed a large stake in the energy company as well last quarter. The S&P 500 pared losses slightly after the minutes of the last Federal Reserve meeting signaled that easy monetary policy will be in place for longer as the economy is nowhere close to pre-pandemic levels. Retail sales surged 5.3% in January, blowing past a Dow Jones estimate of a 1.2% rise. Crude Oil and Natural Gas News Crude oil prices spike after favorable EIA data brings prices to $61.28 for the day. Natural gas prices spike amid the deep Texas freeze US Energy News • Crude stocks -6.8 mm bbl • EQT earnings • CLR earnings • Energy Transfer buys Enable midstream • BP offering equity sharing program International Energy News • EIA updates forecasts • Saudi urgers caution ahead of OPEC+ meeting

"Don't Mess with Texas" Texas deep freeze cannot keep stocks from opening at all time highs, with major indices losing steam toward the latter half of the trading session. • S&P 500: 0.00% • Nasdaq: -0.11% • Dow Jones: -0.38% Many on Wall Street believe that surging interest rates could make the high-flying equity markets less attractive, while posing a threat to sectors like tech that have benefitted from the low-rate environment. On Tuesday, the 10-year Treasury yield topped 1.25% for the first time since March and jumped 8 basis points to hit a fresh one-year high of 1.28%. “Higher yields, while good for banks, are hitting the bond surrogate sectors like REIT’s, Utilities and Staples,” said Art Hogan, National Securities chief market strategist. “The market can digest rising yields, especially when they are going up for the right reason, but not when they go up in a linear fashion.” Crude Oil and Natural Gas News “Baby its collllllllld outside” – Oil and gas prices have been ROCKED by frigid temperatures, with oil trading flat today but rising over $60, with crude oil prices currently trading around $59.94. Natural gas prices LOVE this cold weather, driving the front month natural gas price up to $3.132 US Energy News • Oil refiners down • 5 million without power in TX • Renewables vs natty gas • Frozen wind farms International Energy News • Germany seeks deal with Biden • Ira building oil storage in China

Markets mixed, Earnings are rolling out – Jobless numbers impacting – around the 10% if the people that quit looking for work included. Duke Energy Earnings NG Stocks 171 BCF Draw ET goes to renewables Shell CEO gets CEO of the year with his commitment to investors and the environment. Jay Young and Ryan Ray, moderated by Kim Francis, Webinar Replay they do a great job talking about the current oil and gas impact. (I had fun too) Great Job to the King Operating Company production team! –Watch the replay OIL and GAS Industry Outlook Webinar on 2-11-2021 –

rude Oil and Natural Gas News Putin wants to take out US Shale, and produce everything Biden bans. OPEC still has no enforcement of production Total says that there will be 10mbd off the market due to no investment or drilling. Register for the OIL and GAS Industry Outlook Webinar on 2-11-2021 – at EnergyNewsBeat.com with Ryan Ray and Jay Young. We cover the oil pricing issues, and if we will see $4.00 at the pump. Register Here:

Stocks rise moderately throughout the day, with bad jobs data spurning the notion of a new stimulus bill soon • S&P 500: 0.49% • Nasdaq: 0.50% • Dow Jones: 0.26% “The jobs number was particularly underwhelming as far fewer jobs were expected,” said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance. “Ultimately, the stock market is anticipating continuing healing in the economy and has been moving higher because of Federal stimulus, which arguably is the bigger story.” Crude Oil and Natural Gas News Crude prices cant be stopped as we see fresh yearly highs for crude, which is currently trading around $56.84. Natural gas prices stall amid recent huge bull runs as traders have priced many of the new in already. Natural gas currently trading around $2.888. US Energy News • Liberty earnings • Chevron wants to buy Noble midstream • Rig counts +8 International Energy News • Russian pipeline update • Worlds largest battery

Energy News Beat 2/3/2021: JMMC for IR Guy Of The Week Markets fluctuated amid a huge number of corporate earnings. • S&P 500: 1.39% • Nasdaq: 1.72% • Dow Jones: 1.60% Amazon reported earnings nearly doubled Wall Street estimates, while delivering its biggest revenue of all time at $125.56 billion, pushing it past the symbolic $100 billion mark for the first time. The ecommerce leader also announced that Jeff Bezos was stepping down as CEO. Amazon’s stock traded 0.4% lower. On the data front, private firms added 174,000 jobs in January, above the 50,000 Dow Jones estimate, according to a report Wednesday from payroll processing firm ADP. Crude Oil and Natural Gas News Crude oil prices see $56 during todays trading session off the back of bullish EIA draw 1 mm bbl. Natural gas takes a small dive 2%. Although frigid air is expected to linger over much of the high heating demand eastern United States through at least the first half of the month, the current price action suggests that this news has been fully-priced into the market. US Energy News • Crude stocks draw 1 mm bbl • Magellan earnings • Earthstone guidance International Energy News • Wald Wednesday: Blackstone and renewables • JMMC sees recovery • Shell power trading 😊

#hottakeoftheday - David Ramsden Wood (DRW) Broad markets fall as speculative trading by retail investors continued to unnerve the market. • S&P 500: -1.93% • Nasdaq: -2.09% • Dow Jones: -1.98% There are also fears that the GameStop mania is a sign of a larger bubble in the market and that its unraveling could also cause turbulence and hit retail investors hard. A number of lawmakers also called for an investigation into the chaotic trading. The Securities and Exchange Commission said Friday it will look into regulated body’s actions to uncover if the decisions made disadvantaged investors. Crude Oil and Natural Gas News Crude oil prices rally in the morning only to tailor off toward the end of the trading session. Rig counts +6 still can’t lift prices with crude oil prices trading around $52.14. US Energy News • Rig counts +6 • Chevron earnings • CNX earnings • Oil price cut International Energy News • Biden/Iran nuclear

How Texas wakes up with no heat

All 11 S&P 500 traded in the green amid the broad market rally. Financials and materials, cyclical sectors sensitive to an economic recovery, jumped more than 2% each. Tech and communication services also led the strong gains. • S&P 500: 1.98% • Nasdaq: 2.11% • Dow Jones: 2.05% Trading volume exploded amid the retail buying spree in the previous session with 23.7 billion shares changing hands, marking the heaviest trading day since at least 2007. On Wednesday, U.S. equity option volumes hit a record 24.5 billion shares and 57.1 million contracts, according to Piper Sandler. Crude Oil and Natural Gas News Crude oil prices slump amid new COVID strains found, driving prices down to $52.44. Natural gas prices fall amid a smaller than expected draw at 128 bcf. Natural gas prices currently trading around $2.687 US Energy News • Murphy oil earnings • Tesla earnings • EQT “responsibility sources gas” LOVE IT • Tailwater capital acquires Tall Oak 2,3 International Energy News • China buying Iranian oil like hot cakes • Energy poverty debate • Saudi Aramco to IPO multiples parts • China supporting crude demand Follow Energy News Beat on YouTube and Twitter

https://energynewsbeat.com/2021/01/energy-news-beat-1-27-2021-crude-draws-cant-lift-prices/ Stocks fall sharply from disappointing earnings (beside Gamestop…). Boeing fell more than 4% after its earnings report showed 2020 net loss hit a record of $11.9 billion amid the 737 Max grounding and the coronavirus pandemic. • S&P 500: -2.50% • Nasdaq: -2.83% • Dow Jones: -1.97% “We’ve run up so much and this is healthy profit taking,” said John Davi, founder and CIO of Astoria Portfolio Advisors. “There has been a tremendous market melt-up in the past two months. When the market goes up parabolically, you will see speculative behaviors from a lot of investors.” Crude Oil and Natural Gas News Crude oil fades off after a HUGE crude draw (around 9 mm bbl). Morning crude prices reached $53.40 before settling around $52.54 at 1:36 PM MST. Natural gas prices again rises 2.2% after more cold weather US Energy News • Exxon proxy fight with Engine 1 • Hess Corporation Q4 earnings • BP gets pushback from Texas on flaring International Energy News • Big oil cuts more internationally… • Oil prices point to tight global supply • India plans $41 billion to revive power

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 earnings. Among the quarterly reports on deck include those from Apple, Microsoft, Netflix, Tesla, McDonald’s, Honeywell, Caterpillar and Boeing. • S&P 500: 0.36% • Nasdaq: 0.87% • Dow Jones: -0.08% “The Street is anticipating robust results from Apple on Wednesday after the bell with Cupertino expected to handily beat Street estimates across the board,” wrote Dan Ives of Wedbush, who raised his 12-month price target on Monday to $175. “While the Street is forecasting roughly 220 million iPhone units [for 2021], we believe based on the current trajectory and in a bull case Cupertino has potential to sell north of 240 million units.” Crude Oil and Natural Gas News Crude oil prices rise a full percent after mixed stock data keeps markets in check ahead of OPEC meetings in 45 days. US Energy News • Oil majors going geothermal • Obsidian Energy extents offer to Bonterra • SpaceX buys natural gas leases International Energy News • Greece/Turkey agree to keep talking • Iraq to “lower” production • Supertankers to be shelfed • Shell buys EV company