Список проголосовавших за комментарий " Sector Summary: Energy's losses are outpaced by the decline of the broader market, crude trades nearly flat ahead of this afternoon's rig count, & natural gas stages a notable rally following yesterday's sharp -2.3% drop post-EIA<p>The Energy Sector (<strong>XLE</strong>, -0.2%) sees its losses outpaced by the decline of the broader market (<strong>SPY</strong>, -0.5%) in early afternoon trading. Crude oil (<strong>USO</strong>, -0.1%) futures are currently trading nearly flat with the prior session's close ahead of today's rig count data (recap of last week's data below). Lastly, natural gas (<strong>UNG</strong>, +0.9%) futures remain on track to close the week -3%, despite staging a notable morning rally following yesterday's sharp post-EIA decline of 2.3%.</p><p>Baker Hughes (<strong>BHI</strong>, +2%) rig count data will be released today at 1 pm ET.</p><ul><li>Recap of last week's data:<br/> <ul><li>The Baker Hughes total U.S. rig count increased by 12 to 768, following last week's increase of 2 rigs.</li><li><strong>Eight oil rigs were activated last week, taking the total to 617 and to the highest level since Sept 25, 2015.<br/> </strong></li><li>The gas rig count increased by 5 to 151.</li><li><strong>Last week marked the 8th consecutive week of oil rig count additions.</strong></li></ul></li></ul><p><strong>Reminder: </strong>Crude briefly broke out above the $49.00/barrel resistance handle to session highs earlier in the morning on headlines indicating that the Saudi Oil Minister discussed OPEC is mulling over a potential production cut extension beyond June 2017.</p><p>Contributing factors affecting the price of natural gas:</p><ul><li>Weather forecast from Mar 15-21:<ul><li>Snow showers and gusty winds remain in the wake of Tuesday's notable winter storm tracked snowy weather to the Mid-Atlantic and Northeast. Temp remain much colder than normal, with highs struggling to reach the 30s, while overnight lows drop into the teens to below 0F. Over the West and South, strong high pressure will continue to dominate with highs of 60s to 90s. A fast-moving weather system will impact the east-central US Saturday into Sunday, followed by warming Monday, but again cooling off mid-week.</li><li>Overall, nat gas demand is expected to be relatively higher through Thursday, easing to moderate this weekend through much of next week.</li><li><strong>Reminder:</strong> Yesterday's EIA data showed a smaller-than-expected draw, vs Consensus. Natural gas inventory showed a draw of -53 bcf vs expectations for inventory to be a draw of about -56 bcf.</li></ul></li></ul><p><strong>Notable Gainers:</strong></p><ul><li><strong>Oil & Gas Drilling & Exploration: Samson Oil & Gas (SSN, +12%)</strong></li><li><strong>Equipment and services: GulfMark Offshore (GLF, +4%)</strong></li><li><strong>Independent oil & gas: Houston American Energy (HUSA, +11%)</strong></li><li><strong>Major-integrated: Statoil (STO, +1%)</strong></li><li><strong>Refining & Marketing: Calumet Specialty Products Partners (CLMT, +4%)</strong></li><li><strong>Pipelines: TransMontaigne Partners (TLP, +1%)</strong></li></ul><p><strong>Notable Laggards:</strong></p><ul><li><strong>Oil & Gas Drilling & Exploration: Samson Oil & Gas (%)</strong></li><li><strong>Equipment and services: Hornbeck Offshore Services (HOS, -4%)</strong></li><li><strong>Independent oil & gas: Bonanza Creek Energy (BCEI, -8%)</strong></li><li><strong>Major-integrated: Eni (E, -1%)</strong></li><li><strong>Refining & Marketing: CVR Energy (CVI, -3%)</strong></li><li><strong>Pipelines: Genesis Energy (GEL, -2%)</strong></li></ul><p><strong>In current trade:</strong></p><ul><li>April WTI crude oil futures: <strong>up</strong> about $0.04 around $48.77/barrel (+0.1%)</li><li>April natural gas futures: <strong>up</strong> about $0.04 around $2.94/MMBtu (+1.2%)</li><li>April RBOB gasoline futures: <strong>up</strong> less than $0.01 around $1.60/gallon (+0.5%)</li><li>April heating oil futures: <strong>up</strong> about $0.01 around $1.51/gallon (+0.7%)</li></ul><p>Earnings/News</p><ul><li>Vivint Solar (<strong>VSLR</strong>, +9%) beat by $0.02, reported revs in-line<ul><li>Reported a Q4 loss of $0.41 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of ($0.43); revenues rose 161.2% year/year to $41.8 mln vs the $41.71 mln Capital IQ Consensus.</li></ul></li><li>Tsakos Energy (<strong>TNP</strong>, +1%) reported Q4 GAAP EPS of $0.10, vs the $0.15 Capital IQ Consensus estimate; revs -8.7% y/y to $130.66 mln, vs the $104.77 mln Capital IQ Consensus estimate</li><li>BP (<strong>BP</strong>, +1%) sold a partial stake in New Zealand Refining Co; financial terms were not disclosed<ul><li>Refining NZ advised that BP New Zealand Holdings Limited and Europa Oil NZ Limited conducted a process overnight to reduce its shareholding in Refining NZ by selling up to 11.1% of the 21.19% it initially held. BP's reduction in shareholding does not affect the existing contractual arrangements between Refining NZ and BP, including the processing agreement which remains on foot.</li></ul></li><li>Penn Virginia (<strong>PVAC</strong>, 0%) filed for a $600 mln mixed securities shelf offering</li></ul><p>Broker Calls</p><ul><li>Cypress Energy Partners (<strong>CELP</strong>, +3%) downgraded to Hold at Stifel</li><li>Anadarko Petroleum (<strong>APC</strong>, +0.1%) target raised to $84 at RBC Capital Mkts</li><li>Contango Oil & Gas (<strong>MCF</strong>, -6%) target lowered to $13 at RBC Capital Mkts</li></ul>"