Wheeler Resource Recovery

"Oil and gas stocks can produce significant capital gains from share price appreciation and attractive dividend income during periods of high oil and gas prices."

More on the attractiveness of from The Motley Fool:

Are Oil and Gas Stocks a Smart Investment? | The Motley Fool Oil and gas stocks can produce significant capital gains from share price appreciation and attractive dividend income during periods of high oil and gas prices.

Every week, the U.S. Energy Information Administration releases its weekly update! Check out the latest on prices, supply and demand and more here:

Natural Gas Weekly Update Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government

"Oil and gas wells in the lower 48 states have generated more than $485 billion in free cash flow since 2021. While oil makes up a smaller share of the global energy mix than it used to, demand has continued to climb."

More from The New York Times on the booming :
https://www.nytimes.com/2024/07/16/business/energy-environment/oil-company-profits.html #:~:text=and%20corporate%20profits.-,Oil%20and%20gas%20wells%20in%20the%20lower%2048%20states%20have,industry's%20financial%20turnaround%20are%20mixed.

Why Is the Oil Industry Booming? High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars.

This year marks 40 years of Mike Nash's career in . Learn more about Wheeler Resource Recovery's Field Supervisor in our latest employee spotlight: https://wheelerresourcerecovery.com/employee-spotlight-mike-nash-field-supervisor/

The oil and gas industry continues to benefit from increasing . Read more from World Oil here:

Embracing automation: Oil and gas operators leverage new operational efficiencies Wellsite automation can help make oil and gas production smarter, faster, more efficient and safer. The ability to utilize real-time data to make automatic and instantaneous adjustments can produce reductions in the days spent on frac operations and increased wellsite safety.

Happy 4th of July from all of us at Wheeler Resource Recovery!

OPEC, The Organization of the Petroleum Exporting Countries, is a key player in the oil and gas industry. Reuters breaks down 's role and how it can impact oil prices: OPEC, The Organization of the Petroleum Exporting Countries, is a key player in the oil and gas industry. Reuters breaks down 's role and how it can impact oil prices: https://www.reuters.com/markets/commodities/what-is-opec-how-does-it-affect-oil-prices-2024-05-24/ #:~:text=OPEC%20estimates%20that%20its%20member,to%20sell%20on%20global%20markets.

Rigzone.com is The Leader in Oil & Gas Jobs, News, Oil Prices, and Events. breaks down J.P. Morgan's newest oil and forecasts. Read here: https://www.rigzone.com/news/jp_morgan_reveals_latest_oil_and_gas_price_forecasts-30-may-2024-176919-article/

A record breaking quarter of deals has led to a lot of movement within the industry. Here's the latest from Reuters:

US oil and gas M&A hits quarterly record after blockbuster 2023 U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered in the top U.S. shale field, data provider Enverus said on Tuesday.

"With all the talk about the worldwide energy transition away from fossil fuels, you could be forgiven for thinking that global oil demand is on the decline. That’s not the case."

More from CNN here on how to invest in and gas and the outlook:

How to invest in oil Discover the comprehensive guide on how to invest in oil, learn about the different methods, understanding the markets, and risk management strategies.

On Memorial Day, we honor the service members who have made the ultimate sacrifice. May their courage and sacrifice for our freedom always be remembered!

New technologies can impact . Check out the latest innovations from Reuters:

New technology helps US shale oil industry start to rebuild well productivity Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related requirement to frontload costs by drilling many more wells is deterring some companies from doing so.

As Controller, Shelby Birdsong is key to managing our relationships with active . In our latest blog, we sat down with Shelby to discuss her half a decade at Wheeler Resource Recovery and recap some of her favorite moments during her time working with us: https://wheelerresourcerecovery.com/employee-spotlight-shelby-birdsong-controller/

Forbes reports on the 10-year outlook of the industry and when a potential peak might occur! More here:

What Will Oil Demand Look Like In 10 Years And When Might A ‘Peak’ Occur? The trajectory of oil demand and timing of an eventual "peak" are under considerable scrutiny and polarize opinions in the energy market. So what is on the horizon?

Artificial intelligence is entering the oil industry. World Oil shares how has impacted and its cost-saving effects:

Notice gas price changes? Reuters shares how record oil and gas production is impacting prices:

Record US oil and gas production keeps prices under pressure U.S. production of oil and gas set new seasonal records in December, capping off an unprecedented year, according to data published by the U.S. Energy Information Administration (EIA) on Thursday.

Rigzone reports that USA jobs increased in 2023. Specifically, Oil and Gas Pipeline and Related Structures Construction, had a net increase of 2,342 jobs. See how the industry is expanding:

USA Oil and Gas Job Figures Jump The U.S. oil and gas industry directly employed 2.04 million workers in 2023, according to TIPRO.

Investing.com released The Report this month! You will find insights on how a country's commitment to oil and gas production can influence the entire industry:

The Energy Report: Commitment | Investing.com Commodities Analysis by Phil Flynn covering: Oracle Corporation, Occidental Petroleum Corporation, Crude Oil WTI Futures, Natural Gas Futures. Read Phil Flynn's latest article on Investing.com

Crude prices are predicted to rise according to the U.S. Energy Information Administration’s March Short Term Energy Outlook, The American Oil & Gas Reporter shares:

EIA Nudges Crude Price Predictions Upward The March Short-Term Energy Outlook adds $4 to February’s STEO oil price forecast. To explain the change, EIA cites several factors.

Looking for insight on the price at the pump? Here's the latest from Forbes on the current factors of why we are seeing a surge in and what this means for the industry:

Gas Prices Hit Four-Month High—Here’s Why Analysts Expect More Price Surges Gas prices hit a four-month high at $3.31 per gallon, though the average price for a gallon of gas costs more than $3.50 in eight states.

Earlier this year, Texas Oil & Gas Association released its annual and economic impact report. Texas boasted its highest numbers ever in production, exports and more! Full report here:

2023 Annual Energy & Economic Impact Report - Texas Oil & Gas Association Read TXOGA's newest Annual Energy & Economic Impact Report, highlighting the oil and natural gas industry's enormous impact on the Texas economy.

Interested in learning more about ? Check out Oil & Gas Journal's list of upcoming events to get started:

Home Oil & Gas Journal provides its audience of industry executives, managers, and engineers with operations-focused news across the upstream, midstream, and downstream segments.

In late 2023, Kevin Thibeau's expertise became the focal point of attention for radio stations spanning the United States. Reaching an audience of over 640,000 individuals, Kevin played a pivotal role in enlightening the market about low-risk, high reward investment opportunities in secondary oil recovery in proven oil fields. Learn more here: https://wheelerresourcerecovery.com/wheeler-radio-tour-draws-huge-audience-sheds-light-on-tax-benefits-in-oil-gas-investments/

is upon us. Take a look at Deloitte's guide to oil and gas investments here:

www2.deloitte.com

A report from the Texas Oil and Gas Association shows that the state’s energy industry is showing no signs of waning, boasting record levels of crude production. More from The Texas Tribune here:

Texas’ oil and gas production surges even as federal government clamps down on environmental regulations Crude oil and natural gas extraction in Texas reached record levels in 2023, according to the industry’s annual report.

Still wondering how benefits in oil and gas work? Investopedia breaks down key terms and what you need to know to get started here:

Oil: A big investment with big tax breaks

The numbers are in! Guess which state topped the list of highest in 2023? More from Forbes here:

The Top 11 Oil-Producing States In 2023 U.S. oil production has surged over the past five years. These are the states driving that increase.

As we kick off the new year, E&E News shares four potential trends in the and gas industry to keep an eye on:

4 oil and gas issues to watch in 2024 Industry production is surging as the Biden administration is pushing for emission curbs.

Happy New Year from our team to yours! Excited to see what we all accomplish in 2024 🎊