Petroleum economist, how are you defining 'solvency'?
Looking at the trading prices of their bonds, it seems that the bond market does not share your view of CIVI's financial situation. For example, their 8.375% notes due 7/1/28 last changed hands @ 104.
Search found 48 matches
- Fri May 03, 2024 1:35 pm
- Forum: Picks and tips from the EP community
- Topic: CIVI looks like a great QTR: QTR Dividend raised to $1.50
- Replies: 6
- Views: 188
- Mon Sep 18, 2023 7:36 am
- Forum: Sweet 16 Portfolio
- Topic: Vital Energy (VTLE) Update - Sept 14
- Replies: 15
- Views: 39464
Re: Vital Energy (VTLE) Update - Sept 14
Thanks for getting that update right out Dan, this one is looking pretty interesting at this point. It will be interesting to see if any of the other analysts follow Siebert's lead and move up their price targets. Am I right that they set new hedges anticipating the new production from the acquisiti...
- Sat Sep 16, 2023 8:38 am
- Forum: Picks and tips from the EP community
- Topic: Granite Ridge Energy (GRNT) -- Another Non-Op Play With Solid Yield & Growth
- Replies: 13
- Views: 83041
Re: Granite Ridge Energy (GRNT) -- Another Non-Op Play With Solid Yield & Growth
Really great to see the interest in GRNT here, and great to see that you've added it to your watchlist Dan. This stock would make a great addition to either your Small Cap or your High Yield portfolio. In response to the question on what the upside here is, you need only to look at the 3 year price ...
- Wed Sep 13, 2023 7:14 am
- Forum: Picks and tips from the EP community
- Topic: Granite Ridge Energy (GRNT) -- Another Non-Op Play With Solid Yield & Growth
- Replies: 13
- Views: 83041
Granite Ridge Energy (GRNT) -- Another Non-Op Play With Solid Yield & Growth
Think of GRNT as a "baby NOG", but on steroids. They are growing production at double-digits, all while keeping debt at a mere 0.2X last quarter's annualized EBITDA. They just did a secondary offering for their large shareholder and at the price of the offering the stock is trading at near...
- Sat Jul 29, 2023 6:33 am
- Forum: Picks and tips from the EP community
- Topic: Solaris Oilfield (SOI) -- Growth Trend Intact Despite Lower Rig Counts
- Replies: 2
- Views: 900
Solaris Oilfield (SOI) -- Growth Trend Intact Despite Lower Rig Counts
Solaris Oilfield announced 2Q numbers on Thursday and they did not disappoint. They are on track to increase EPS by >40% this year vs. last year. This is a great example of what a small company can do when they design a 'better mousetrap' in a niche market. In SOI's case, their proppant management s...
- Sun Jan 22, 2023 9:12 am
- Forum: Picks and tips from the EP community
- Topic: Riley Exploration Per (REPX) Update - Jan 17
- Replies: 4
- Views: 1215
Re: Riley Exploration Per (REPX) Update - Jan 17
Dan, any thoughts on the 24% move in the stock price over the last 8 trading days? I haven't seen any news or commentary on them.
- Fri Dec 30, 2022 7:27 am
- Forum: Picks and tips from the EP community
- Topic: Genesis Energy LP -- Offshore Pipes & Soda Ash Mining
- Replies: 6
- Views: 3388
Re: Genesis Energy LP -- Offshore Pipes & Soda Ash Mining
Genesis Energy LP (GEL) -- Great SA Piece Calling For Double-Triple in 3 Yrs. See https://seekingalpha.com/article/4566401-my-top-2023-pick-genesis-energy Best part of the article follows: "Future Valuation from 2023-2025 Genesis has guided to a "mid $700 million" EBITDA guide for 202...
- Sat Dec 10, 2022 4:11 pm
- Forum: Picks and tips from the EP community
- Topic: Genesis Energy LP -- Offshore Pipes & Soda Ash Mining
- Replies: 6
- Views: 3388
Genesis Energy LP -- Offshore Pipes & Soda Ash Mining
This unusual MLP offers a good place to in effect "hide out" during these uncertain times, IMO. They have an eclectic mix of businesses, the two largest of which are offshore pipelines and soda ash mining. They are in the midst of a significant growth phase for both of these businesses, wh...
- Fri Oct 07, 2022 6:02 am
- Forum: Picks and tips from the EP community
- Topic: US Energy Corp (USEG) -- Still Selling @ Discount to PV10...
- Replies: 7
- Views: 4797
Re: US Energy Corp (USEG) -- Still Selling @ Discount to PV1
USEG has a decent amount of its oil hedged. They don't have very much gas hedged but gas represents only a small portion of their revenues. They don't have much debt -- their ratio of debt/EBITDA (projected) is only something like 0.5X. So I'm not too worried about whether they will survive this dow...
- Wed Aug 17, 2022 4:24 pm
- Forum: Picks and tips from the EP community
- Topic: US Energy Corp (USEG) -- Still Selling @ Discount to PV10...
- Replies: 7
- Views: 4797
Re: US Energy Corp (USEG) -- Still Selling @ Discount to PV1
Thanks Dan, and great to hear that you know some of the directors there.
They just updated their presentation, which has some helpful color on their latest acquisition and some other good stuff. Web site is usnrg.com.
They just updated their presentation, which has some helpful color on their latest acquisition and some other good stuff. Web site is usnrg.com.