Energy Prospectus

Trading Economics "US natural gas futures rose toward $2.60/MMBtu, the highest in four months, after EIA reported a smaller-than-expected storage build. US utilities added 70 billion cubic feet (bcf) of gas into storage last week, below market expectations of a 76 bcf increase. However, the rep...

We were not impacted by the storms in Sugar Land, but Sabrina's area was hit hard. Her family and their home are OK, but power in her area will likely be out for several days as lots of power poles were snapped in half by 100 mph winds.

HFI Research: "The outlook for oil prices is improving. Over the coming weeks, we expect prices to stabilize as refinery maintenance ends and the summer driving season begins. The third quarter will likely see a large supply deficit, which should draw down global oil inventories and push price...

This gasser is starting to get a lot more love from the Wall Street Gang. I have updated my forecast and posted it to the EPG website. My valuation increases by $2 to $32/share. TipRanks: "In the last 3 months, 16 ranked analysts set 12-month price targets for CTRA. The average price target amo...

KKR's involvement is significant and important; they hold 15% of the CRGY stock. There are "Heavy Hitters" involved in Crescent Energy. > There were lots of highly respected energy sector analysts on this morning's conference call. > With over 250,000 Boepd of current production and lots o...

At the time of this post IPOOF was trading for $1.66US. < Just over 2X CFPS, which is super cheap. The share price is below PV10 NAV of just their proved reserves. My valuation increases by $0.45US to $4.15US per share ($5.60Cdn). First Call's price target is $4.01Cdn per share, which is approximate...

InPlay's Q1 production was below my forecast of 9,000 Boepd just because of their well completion schedule as discussed below. The Company's Adjusted Operating Cash flow came in above my forecast because of lower royalty expense, operating expenses and transportation expenses. Several high rate well...

Working gas in storage was 2,633 Bcf as of Friday, May 10, 2024, according to EIA estimates. This represents a net increase of 70 Bcf from the previous week. < Increase is 19 Bcf below the 5-year average build for this week. Stocks were 421 Bcf higher than last year at this time and 620 Bcf above th...

1st Quarter Production ------------------------- CRGY + SBOW = Combined Crude Oil >>>>>>> 70,363 + 24,538 = 94,901 bpd Natural Gas >>>>> 403,341 + 297,725 = 701,066 mcfpd NGLs >>>>>>>>>> 28,220 + 17,198 = 45,418 bpd Total Boepd >>>> 165,806 + 91,357 = 257,163 Boepd < 36.9% oil, 45.4% ngas and 17.7% ...

Crescent CEO David Rockecharlie said, "The combination with SilverBow, which is expected to be immediately accretive to all key per share metrics, solidifies Crescent as a leading operator in the Eagle Ford and strengthens the company’s growth platform with increased scale. The SilverBow team h...