Page 8 ■ Thursday, January 12, 2012
Midwest economic survey suggests further
slowdown OMAHA, Neb. (AP) — Little
economic growth is expected over the next several months in nine Midwest and Plains states because problems in the global economy are slowing business in the region, according to a new survey released Jan. 3.
The region’s economy still ap-
pears much healthier than it did during the recession of 2008 and 2009, but the debt concerns in Europe and sluggish pace of the nation’s economy are causing a slowdown, Creighton University economist Ernie Goss said. The overall index in the sur-
vey of business leaders and sup- ply managers slipped to a neutral score of 50 in December from 52.6 in November. The survey uses a collection of indexes ranging from zero to 100. Goss said that any score above 50 suggests growth while a score below 50 suggests decline for that factor. North Dakota’s overall index
slipped to 55.6 in December from 57.9 in November. Goss predicts a 2012 job growth
of 3.4 percent in North Dakota and a 5.7 percent increase of its infl a- tion-adjusted GDP.
BAKKEN STOCK WATCH MARKET SUMMARY
Jan. 9, 2012
Nasdaq composite
2,676.56 +2.34
JJ AS O Jan. 9, 2012
Standard & Poors 500
1,280.70 +2.89
JJ AS O N D
BAKKEN OPERATING COMPANIES CLOSING PRICE, MONDAY, JAN. 9, 2012
Company Name Baker Hughes
Basic Energy Services Baytex Energy Corp Berkshire Hathaway Calfrac Well Services Carbo Ceramics Inc Chesapeake Energy
Symbol Price BHI
Stock 51.58
20.89 56.38
BAS BTE
BRK-B 76.29
CFW.TO 29.28 CRR 130.11 CHK 23.56
CH Robinson Worldwide Inc CHRW 67.58 Complete Production Services CPX Concho Resources Conoco Phillips
35.00
Continental Resources Credo Petroleum
CXO 100.97 COP 72.94 CLR
74.34
Denbury DNR 17.38 Dresser Rand Group Earthstone Energy
Enbridge Energy Partners LP EEP Enerplus Resources Fund
ERF
Enterprise Products Partners LP EPD EOG Resources Inc. Exxon Mobil
GeoResources GEOI Halliburton HAL
Kodiak Oil & Gas
MDU Resources Nabors Industries
National Oilwell Varco Newfi eld
KEG KOG
EOG 102.17 XOM 85.50 28.44 35.38
Hess HES 56.90 Key Energy
Magnum Hunter Resources MHR 5.87 Major Drilling Marathon Oil
38.92
15.70 9.66
MDI.TO 16.45 MRO 30.64 MDU 21.38 NBR 19.23 NOV 71.55 NFX
DRC 51.60 ESTE 17.25 32.98 25.34 47.16
Ticker
Ticker Stock Company Name
Northern Oil & Gas Nustar Energy LP Oasis Petroleum
Occidental Petroleum Oil States International Oneok Inc
Petroleum Development Pioneer Drilling
Symbol Price NOG 24.52 NS
OAS 31.38 OXY OIS
57.26 96.93
OKE Plains All American Pipeline PAA
77.59 86.76
PETD 32.07 PDC 10.07 72.88
Precision Drilling Corporation PDS 10.83 Pure Energy (Canada) QEP Resources, Inc.
PSV.TO 8.98 QEP
CRED 10.68 Questar STR Quicksilver Resources Rosetta Resources
Schlumberger Limited SM Energy Co Statoil ASA
Stone Energy
30.84 19.63
KWK 6.90 ROSE 45.75 SLB
SM 78.07 STO SGY
26.80
Sundance Energy (Australia)
SDCJF.PK 0.44 Superior Energy Services Inc SPN 29.86 Talisman Energy TransCanada Corp
Triangle Petroleum Corporation TPLM 7.25 Unit Corp
US Energy Corp VOG
UNT 48.33 USEG
TLM 12.15 TRP
42.56
Vanguard Natural Resources VNR 28.29 Voyager Oil and Gas
2.90 2.66
Weatherford International LTD WFT 15.56 Whiting Petroleum Company WLL 52.10 Williams Companies
WMB 27.78
Wolseley WOS.L 2080.00 WorleyParsons
WOR.AX 26.37
68.82 25.94
N D
2,000 2,250 2,500 2,750 3,000
Pct. change from previous: +0.09% High 2,683.78 Low 2,662.96
1,000 1,100 1,200 1,300 1,400
Pct. change from previous: +0.23% High 1,281.99 Low 1,274.55
Weekly US oil and gas rig count unchanged
HOUSTON (AP) — The number of rigs actively
exploring for oil and natural gas in the U.S. remained unchanged last week, holding at 2,007. Houston-based drilling product provider Baker
Hughes Inc. reported Jan. 6 that 1,191 rigs were explor- ing for oil and 811 for natural gas. Five were listed as miscellaneous. A year ago Baker Hughes reported 1,700 active rigs. Of the major oil- and gas-producing states, Texas gained 10 rigs, Arkansas gained two and Louisiana gained one. Alaska, California and Oklahoma each lost three rigs
and North Dakota, Pennsylvania and Wyoming each lost one. Colorado, New Mexico and West Virginia were unchanged. The rig count peaked at 4,530 in 1981. A low of 488 was recorded in 1999.
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