Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<ul><li>US oil rig count advances to highest level in 14 months. </li><li>In its latest weekly report released on August 14, Baker Hughes stated the US active oil rigs rose by one to 455 rigs this week, the highest level since late May 2025 (Figure 1). </li><li>With the West Texas Intermediate benchmark oil price up 24% (to $83/bbl this week) since the start of the Iran war on February 28, the US oil rig count has increased by 47 rigs as operators gain confidence that higher oil prices could remain higher for longer due to the war-related oil supply disruptions. </li></ul>

US oil rig count advances to highest level in 14 months. In its latest weekly report released on August 14, Baker Hughes stated the US active oil rigs rose by one to 455 rigs this week, the highest level since late May 2025 (Figure 1). With the West Texas Intermediate benchmark oil price up 24% (to $83/bbl this week) since the start of the Iran war on February 28, the US oil rig count has increased by 47 rigs as operators gain confidence that higher oil prices could remain higher for longer due to the war-related oil supply disruptions. 

Energy Roundup : US Oil Rig Count Continues to Climb; No Middle East Peace Negotiation Progress

<ul><li>Replenishing oil reserves likely to set higher near-term oil price floor. </li><li>Regardless of when the latest Iran war military escalation hopefully ends in another ceasefire and resumption of peace negotiations, we expect crude oil demand to refill global oil inventories and strategic petroleum reserves will provide upward pressure on oil prices, resulting in a higher floor price than would otherwise be expected. </li><li>As Figure 1 highlights, the additional crude oil demand associated with replenishing global stockpiles could exceed 500 thousand barrels per day and continue at least throughout 2027. </li></ul>

Replenishing oil reserves likely to set higher near-term oil price floor. Regardless of when the latest Iran war military escalation hopefully ends in another ceasefire and resumption of peace negotiations, we expect crude oil demand to refill global oil inventories and strategic petroleum reserves will provide upward pressure on oil prices, resulting in a higher floor price than would otherwise be expected. As Figure 1 highlights, the additional crude oil demand associated with replenishing global stockpiles could exceed 500 thousand barrels per day and continue at least throughout 2027. 

Energy Roundup : Restocking Global Oil Storage Should Pressure Oil Prices...

Market Intelligence, ORTEX

ORTEX Market Intel

Market Intelligence

Global Financial Data and Analytics Platform

ORTEX

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Cross Asset Strategy

<ul><li>Short interest built across cybersecurity names this week, with CRWD leading single-stock moves as analysts cut targets and insiders sold.</li><li>Broad ETF hedges unwound sharply — IJH and CIBR each posted double-digit short interest drops.</li><li>Borrow markets tightened in pockets, with MSFT seeing its sharpest SI spike in months.</li></ul>

Short interest built across cybersecurity names this week, with CRWD leading single-stock moves as analysts cut targets and insiders sold.Broad ETF hedges unwound sharply — IJH and CIBR each posted double-digit short interest drops.Borrow markets tightened in pockets, with MSFT seeing its sharpest SI spike in months.

Weekly Digest: Short Sellers Reload Into Cyber, Flee ETF Hedges

<ul><li>Still minimal oil flowing through the Strait. As talks between the US and Iran ended last weekend in Pakistan without resolution, the US announced Sunday that it would now block the Strait of Hormuz from all shipping traffic.</li><li>This news sent oil prices back above $100/bbl on Monday, with Brent and WTI both up 7% prior to each closing ~$98/bbl after President Trump commented Monday that Iran had reached out with respect to a potential war-ending proposal.</li><li>Oil front-month contract prices have now declined into the low $90s on hopes that US-Iran war-ending negotiations will resume. </li></ul>

Still minimal oil flowing through the Strait. As talks between the US and Iran ended last weekend in Pakistan without resolution, the US announced Sunday that it would now block the Strait of Hormuz from all shipping traffic.This news sent oil prices back above $100/bbl on Monday, with Brent and WTI both up 7% prior to each closing ~$98/bbl after President Trump commented Monday that Iran had reached out with respect to a potential war-ending proposal.Oil front-month contract prices have now declined into the low $90s on hopes that US-Iran war-ending negotiations will resume. 

Energy Roundup : Topsy-Turvy Oil Markets Continue to Be Driven by Strait of Hormuz News

Equity Bottom-Up

<ul><li>Short interest built across cybersecurity names this week, with CRWD leading single-stock moves as analysts cut targets and insiders sold.</li><li>Broad ETF hedges unwound sharply - IJH and CIBR each posted double-digit short interest drops.</li><li>Borrow markets tightened in pockets, with MSFT seeing its sharpest SI spike in months.</li></ul>

Short interest built across cybersecurity names this week, with CRWD leading single-stock moves as analysts cut targets and insiders sold.Broad ETF hedges unwound sharply - IJH and CIBR each posted double-digit short interest drops.Borrow markets tightened in pockets, with MSFT seeing its sharpest SI spike in months.

Short Sellers Reload Into Cyber, Flee ETF Hedges

United States

Sable Offshore Corp. operates as an oil and gas company. The Company focuses on developing the prolific Santa Ynez Unit in federal waters offshore. Sable Offshore Sable Offshore conducts its business in the United States.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Sable Offshore (SOC US)

Energy Roundup : US Oil Rig Count Continues to Climb; No Middle East Peace Negotiation Progress

In its latest weekly report released on August 14, Baker Hughes stated the US active oil rigs rose by one to 455 rigs this week, the highest level...

Water Tower Research

Energy Roundup : Restocking Global Oil Storage Should Pressure Oil Prices...

Regardless of when the latest Iran war military escalation hopefully ends in another ceasefire and resumption of peace negotiations, we expect...

Water Tower Research

Weekly Digest: Short Sellers Reload Into Cyber, Flee ETF Hedges

Short interest built across cybersecurity names this week, with CRWD leading single-stock moves as analysts cut targets and insiders sold. Broad...

ORTEX Market Intel

Energy Roundup : Topsy-Turvy Oil Markets Continue to Be Driven by Strait of Hormuz News

Oil front-month contract prices have now declined into the low $90s on hopes that US-Iran war-ending negotiations will resume.

Water Tower Research

Short Sellers Reload Into Cyber, Flee ETF Hedges

Short interest built across cybersecurity names this week, with CRWD leading single-stock moves as analysts cut targets and insiders sold. Broad...

ORTEX Market Intel

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)