U.S. Rig Count Drops, But E&P Spend Up 13%
they track have provided guidance indicating a 13 percent increase this year in planned capital spending.Cowen said those E&Ps expect to spend a total of $81.2 billion in 2018, up from an estimated $72.1 billion in 2017.Analysts at Simmons & Co, energy specialists at U.S. investment bank Piper Jaffray, this week forecast average total oil and natural gas rig count would rise from 876 in 2017 to 1,037 in 2018, 1,097 in 2019 and 1,232 in 2020, little changed from last week.So far this year, the total number of oil and gas rigs active in the United States has averaged 1,003. That keeps the total
Airborne Oil Spill Response System May Take Off
by the accident. The size of the market is enormous and, if future tests prove successful, the Scout system could be broadly deployed around the world." To view a summary of the report or download the report in its entirety, click here. About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces small cap and micro cap stock research reports, daily stock market blogs, and popular investment newsletters.
February 2025
