Scott Shields Katy Texas Energy Blog

The tide may be turning for the worst-performing S&P sector this year PUBLISHED 4 HOURS AGOUPDATED AN HOUR AGO Michael Affigne Trading Nation: Energy catches fire Energy stocks may be fueling up for a comeback rally. Republished by Scott Shields Katy, Scott Shields Houston, www.morganshields.com Geopolitical tensions in Saudi Arabia sent the XLE ETF, which tracks energy stocks, surging over 2% on Monday. Matt Maley, equity strategist trader at Miller Tabak, says this could be energy’s time to shine. “We’re getting in this time of the year, when you get to the last three or four months of the year, that any time an underperforming group and under-owned group — the energy sector is less than 5% of the S&P — when it starts to rally, that attracts a lot of the institutional investors that are looking to make up performance. And the best way to do that is with an under-owned group that’s playing catch-up,” Maley said Monday on CNBC’s “Trading Nation. ” Energy has been the worst...

Honorable Randy Weber, US House of Representatives -R, speaks at the Houston Petroleum Club regarding the importance of US energy exports. “...drill now, pay less” “...liquid freedom” Attended by many energy experts including Scott Shields from Morgan Shields LLC. Scott Shields Houston, Scott Shields Katy

Tremendous Impact to Oil & Gas Pricing if this order is allowed to go through and be implemented in the US. It will enable badly needed infrastructure and allow prices to return to free market . Trump executive order will aim to prevent states from blocking pipelines, energy infrastructure PUBLISHED TUE, APR 9 2019 • 8:02 PM EDT UPDATED WED, APR 10 2019 • 11:35 AM EDT Tom DiChristopher @TDICHRISTOPHER KEY POINTS Some states are using authority under the Clean Water Act to block fossil fuel pipelines and infrastructure.President Donald Trump will sign an executive order that seeks to limit states’ ability to delay construction.The same executive order contains several other provisions to promote energy infrastructure development. 📷 President Donald Trump holds up a signed executive order to advance construction of the Keystone XL pipeline at the White House in Washington January 24, 2017. Kevin Lamarque | Reuters. Reposted by Scott Shields Houston, Scott Shi...

Shale drillers are cutting billions of dollars in spending, raising questions about US oil output PUBLISHED MON, MAR 11 2019 • 8:14 AM EDT | UPDATED MON, MAR 11 2019 • 11:17 AM EDT Tom DiChristopher @TDICHRISTOPHER KEY POINTS Independent shale oil drillers are cutting spending, but U.S. oil output is still expected to surge this year.Smaller publicly traded drillers are throttling back capital expenditures, while their bigger rivals are making smaller cuts on a percentage basis. Private drillers increased output in the second half of last year and could do the same again this year, Barclays warns. Robert Nickelsberg | Getty Images, reposted by Scott Shields Katy, Scott Shields Houston. The shale drillers behind booming U.S. oil and natural gas output have survived a bevy of challenges in recent years, from a historic oil price downturn to an effort by OPEC to wash them out of the market with a flood of cheap crude. Now, with U.S. output at all...

Julius Baer Gets Into Crypto Banking With SEBA Partnership The sign for Swiss bank Julius Baer is seen at a branch office in Luzern, Switzerland, November 23, 2017. REUTERS/Arnd Wiegmann February 26, 2019 By Brenna Hughes Neghaiwi ZURICH (Reuters) – Julius Baer plans to offer access to digital assets through a partnership with Swiss start-up SEBA Crypto in the latest move into cryptocurrencies by a Swiss private bank. The partnership, which follows a similar move by smaller rival Falcon Private Bank, will enable customers of Julius Baer, Switzerland’s third-largest listed bank, to store, trade and invest in digital assets, the two firms said on Tuesday. Report Ad Banks see promise in the blockchain technology underpinning cryptocurrencies, but have not rushed into an industry which has faced regulatory scrutiny and extreme price swings. Falcon has allowed private and institutional clients to invest in bitcoin, ether and litecoin and has gradually expanded its offerings since a partner...