DEP Update: Christmas is upon us, but no letting up for the DEP team as we hit the road again this week for our annual father/son Christmas field tour. We’ll be in the DFW/Tyler area on Wednesday/Thursday. We expect to briefly touch on trip…
This weekend our epistle largely focuses on DEP’s recent NYC/Boston marketing trip. We’ll return to more industry observations next weekend. As for upcoming events/travel, the DEP Christmas party is on Tuesday in Houston. If you join us, please consider taking Uber. The week of…
Upcoming Events: We’ll be conducting meetings in the DFW area Monday/Tuesday. We then drive one of the kiddos to college in North Carolina on Thursday with our drive eventually taking us to Pittsburgh for meetings the following Monday/Tuesday. If you are in Pittsburgh, let…
This past week we completed another Permian trip as we travelled west to attend a ChampionX open house featuring its recently acquired Scientific Aviation business (more below) while we also summarize a Marcellus frac site tour from two weeks ago. We return to the…
Upcoming Events: The DEP team will host a reception in Midland on August 9th along with small reception in Houston on August 12th. Next Sunday, we’ll recap a recent Marcellus trip where our team toured a low-emission electric fleet powered by gas genset technology. Permian…
Permian Observations. We had the pleasure of returning to the Permian once again with this trip marking the 113th night we have stayed at a Hilton properties YTD (not all work related, however). On this field visit, we caught up with contacts in multiple segments,…
We are back from a quick Dallas trip, but in keeping with the DEP model, we hit the road again this week. Half of the DEP team returns to the DFW area to speak at the DUG Permian Conference while others will roam around…
Back from a week in Midland. The good news is our enthusiasm is rising as numerous discussions point to higher activity while service cost discussions featured prominently in every meeting. We elaborate below. Looking forward, our team will divide and conquer this week. Research…
A gaggle of OFS and E&P conference call takeaways are summarized below. Admittedly, much of this is simple elevator analysis and a rehash of data points from the various press releases, IR slides and conference calls. For those who don’t have time to read…