Список проголосовавших за комментарий " Sector Summary: Energy inches modestly higher while the broader market declines, crude sees losses on China's lowered FY17 growth forecast, & natural gas futures surge to a 2-week high on colder weather forecasts<p>The Energy Sector (<strong>XLE</strong>, +0.1%) inched modestly higher while the broader market (<strong>SPY</strong>, -0.3%) declined in afternoon trading. Crude oil (<strong>USO</strong>, -0.2%) fell as low as nearly -1% on headlines that China lowered their FY17 growth target to 6.5%, vs growth of 6.7% last year. Crude oil futures turned positive briefly in the morning before selling off again, on track to close the session lower ahead of tomorrow's API. Lastly, natural gas (<strong>UNG</strong>, +3.7%) futures surge to fresh session highs on updated cooler weather forecasts across much of the US.</p><p>Factors affecting the price of oil:</p><ul><li>Crude oil futures for April delivery are oscillating around levels just above last Thursday's 3-week low on headlines earlier this morning that China lowered their FY17 growth target to 6.5%, compared to 6.7% last year.</li><li>This latest news comes on the heels of last week's data out of Russia, which showed that oil output remained unchanged from Jan levels at around 11.1 mln barrels/day.</li><li>Recall that Russia still has about ~100k barrels/day left to cut to be in full compliance with the OPEC/non-OPEC output reduction agreement.</li><li>Lastly, further contributing to the bearish undertone is data from Baker Hughes released Friday afternoon which showed that the number of active rigs drilling for oil rose for the 7th consecutive week by 7, following last week's increase of 6 oil rigs.</li><li><strong>Reminder:</strong> Crude oil has been range-bound throughout 2017. Crude's peak this year was $55.24/barrel on the first trading day of 2017; its low was $50.71 later in Jan.</li></ul><p>Factors affecting the price of natural gas:</p><ul><li>Weather forecasts for the next 8 to 15 days show that rain, snow, and cooler temps will track across the northern & eastern US, potentially boosting demand for heating.</li><li>EIA natural gas data this Thursday is expected to show a draw between about 53-64 bln cubic ft for the week ended Mar 3, compared to last week's build of +7 bcf.</li></ul><p>Upcoming data reminders:</p><ul><li>API data will be released tomorrow at 4:30 pm ET.</li><li>EIA petroleum data will be released Wed at 10:30 am ET.</li><li>Baker Hughes rig count data will be released Friday at 1 pm ET.</li><li>EIA natural gas inventory data will be released Thursday at 10:30 am ET.</li></ul><p><strong>Notable Gainers:</strong></p><ul><li><strong>Oil & Gas Drilling & Exploration: TransAtlantic Petroleum (TAT, +5%)</strong></li><li><strong>Equipment and services: Synergy Resources (SYRG, +1%)</strong></li><li><strong>Independent oil & gas: Energy XXI Gulf Coast (EXXI, +6%)</strong></li><li><strong>Major-integrated: YPF (YPF, +2%)</strong></li><li><strong>Refining & Marketing: BP Prudhoe Bay Royalty Trust (BPT, +2%)</strong></li><li><strong>Pipelines: Western Gas Partners (WES, +2%)</strong></li></ul><p><strong>Notable Laggards:</strong></p><ul><li><strong>Oil & Gas Drilling & Exploration: Breitburn Energy Partners (BBEPQ, -13%)</strong></li><li><strong>Equipment and services: GulfMark Offshore (GLF, -5%)</strong></li><li><strong>Independent oil & gas: New Concept Energy (GBR, -19%)</strong></li><li><strong>Major-integrated: Ecopetrol (EC, -1%)</strong></li><li><strong>Refining & Marketing: Ferrellgas Partners (FGP, -3%)</strong></li><li><strong>Pipelines: Franks International (FI, -6%)</strong></li></ul><p><strong>In current trade:</strong></p><ul><li>April WTI crude oil futures: <strong>down</strong> about $0.12 around $53.22/barrel (-0.2%)</li><li>April natural gas futures: <strong>up</strong> about $0.10 around $2.93/MMBtu (+3.5%)</li><li>April RBOB gasoline futures: <strong>up</strong> about $0.02 around $1.67/gallon (+1.2%)</li><li>April heating oil futures: <strong>up</strong> about $0.01 around $1.61/gallon (+0.6%)</li></ul><p>Earnings/News</p><ul><li>Ecopetrol (<strong>EC</strong>, -1.1%) reported Q4 results; revs rose 4% y/y<ul><li>Co reported Q4 net income of COP186 mln (compared to COP6.3 bln in 4Q15); revs increased 4.2% YoY to COP13.3 bln At 718 thousand barrels of oil-equivalent per day, the company exceeded its 2016 production target by 3 thousand barrels. This was despite a drop in production by 25 thousand barrels of oil-equivalent per day for 45 days, due to the closure of the Caño Limón Coveñas oil pipeline; and a 16% drop in Brent prices.</li></ul></li><li>Erin Energy (<strong>ERN</strong>, -1.5%) executed a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig<ul><li>The co has the option to drill up to two additional wells. The option to extend the contract, if exercised, would be used to drill two of its offshore Nigeria exploration prospects in the prolific Miocene geological zone. Erin Energy anticipates spudding the Oyo-9 in mid-June and first production from the well to be in Sept 2017. The Oyo-9 is expected to add an additional 6k to 7k barrels per day.</li></ul></li><li>Patterson-UTI (<strong>PTEN</strong>, -1.6%) reported drilling activity for Feb 2017; avg of 80 drilling rigs operating in the US & 2 rigs in Canada.</li></ul><p>Broker Calls</p><ul><li>EOG Resources (<strong>EOG</strong>, +1.3%) upgraded to Buy at Tudor Pickering</li><li>Magellan Midstream (<strong>MMP</strong>, -0.1%) downgraded to Neutral at Citigroup</li><li>TETRA Tech (<strong>TTI</strong>, -0.6%) downgraded to Equal-Weight at Morgan Stanley</li><li>Enbridge (<strong>ENB</strong>, +0.7%) resumed with an Outperform at BMO Capital</li></ul>"