Blogs from Five Star Metals Thu, 20 Jun 2024 13:05:41 +0000 MYOB en-gb Five Minute Fridays: May 03, 2019

A weekly recap of what happened in the U.S. economy and World economy with a focus on oil and oilfield services. This week we look at unemployment, manufacturing, business activity, USMCA issues, and 232 tariffs. We also dive into detail on U.S.oil production and oil inventory data. Ty Chapman - PresidentFive Star Metals, Inc. Raising the Bar for C...

Videos Fri, 03 May 2019 20:36:57 +0000
Video: Ty's Take April 2019

I discuss the major news impacting oil prices and the oilfield services industry. This month, I focus on the question of whether a wave of consolidation is about to hit the U.S. Shale oil industry and the earnings conference calls from NOV, Halliburton, and Schlumberger to see how their CEO's view the market. I also discuss the U.S. refusal to rene...

Videos Tue, 30 Apr 2019 14:09:11 +0000
Ty’s Take April 2019 First, I want to thank all of the people who made our video series a resounding success. As of the time I'm writing this, one of the videos has almost 2,500 views, and several of them top 1,000. So thank you!!! This month seemed relatively uneventful has a whole, but certainly reflected some undercurrents playing out in the market. However, I think...

Newsletters Mon, 29 Apr 2019 15:09:21 +0000
Earnings Season

As you all know, one of my favorite times is earnings season. I find listening to the various CEOs incredibly insightful. While one must always remember that a CEO's main job is selling the company's stock, what they say can be incredibly beneficial to see how they view markets – albeit, with a bit of caution. Schlumberger Some highlights from the ...

Newsletters Mon, 29 Apr 2019 14:57:09 +0000
U.S. Oil Going Places

As we have noted in a prior edition of The Five Star Standard, the U.S. is set to become a net energy exporter.The U.S. has rapidly moved up to be one of the biggest (at times the biggest) oil producers: Indeed, In the last two months of 2018, the U.S. Gulf Coast already exported more crude oil than it imported. Monthly net trade of crude oil in th...

Newsletters Mon, 29 Apr 2019 18:38:41 +0000
U.S. Does Not Renew Sanctions Waivers As largely predicted, on April 22, 2019, the United States announced that it would end sanctions waivers to those countries previously granted waivers to purchase Iranian crude. Already, U.S. sanctions have had an impact on Iranian oil exports. However, eight countries had been granted exemptions and allowed to continue importing Iranian crude. The...

Newsletters Mon, 29 Apr 2019 14:38:31 +0000
Will a Wave of Consolidation Hit the Shell Patch? In our Five Minute Fridays series, we discussed the Chevron offer for Anadarko. At the time (link: At the time, the details of their merger were pretty clear: Chevron plans to acquire Anadarko Petroleum in a cash and stock deal the company valued at $33 billion.The transaction values Anadarko at $65 per...

Newsletters Mon, 29 Apr 2019 14:32:56 +0000
Where Does U.S. Crude Oil Go?

The United States is set to become a net energy exporter in the near future. But where will that crude go? ​ Ty Chapman - PresidentFive Star Metals, Inc. Raising the Bar for Customer Service and Quality Connect on Twitter Follow us on Facebook Subscribe YouTube

Videos Mon, 29 Apr 2019 14:00:03 +0000
Five Minute Fridays: 04-12-19

Five Minute Fridays by Five Star Metals, Inc. provides you a summary of U.S. Economic and World Economic events and data that effect oil and demand for oilfield services. It is designed to give those in the energy business or oilfield services area a bare bones summary of the information they need to make better business decisions and stay informed...

Videos Fri, 12 Apr 2019 22:06:29 +0000
Five Minute Fridays: News Impacting World Oil Markets

In Five Star Metals' first ever Five Minute Friday, we look at all the news impacting the U.S. and World economies. We focus on news relevant to the oilfield and oilfield services industry. This weekly summary tells you everything you need to know about what happened in oil markets this week including inventory changes, rig counts, economic data, a...

Videos Fri, 05 Apr 2019 14:15:55 +0000