Search found 34727 matches

by dan_s
Sun May 12, 2024 2:17 pm
Forum: Picks and tips from the EP community
Topic: Kolibri Global Energy (KGEI) Update - May 8
Replies: 0
Views: 5

Kolibri Global Energy (KGEI) Update - May 8

KOLIBRI GLOBAL ENERGY INC. PROVIDES FIRST QUARTER 2024 EARNINGS RELEASE DATE, CONFERENCE CALL, AND NICKEL HILL WELLS UPDATE Thousand Oaks, CALIFORNIA, May 8, 2024 – Kolibri Global Energy Inc. (the “Company” or “KEI”) (TSX: KEI, NASDAQ: KGEI) is pleased to provide an operations update for its Tishomi...
by dan_s
Sun May 12, 2024 12:51 pm
Forum: The View from Houston
Topic: Oil Supply Risk
Replies: 0
Views: 14

Oil Supply Risk

Comments below are from Art Berman --------------------------------------------------- Recent geopolitical events in the Middle East create uncertainty about the crucial flow of oil, LNG and materials through the Red Sea-Suez Canal and the Persian Gulf-Strait of Hormuz. “The biggest choke-point of c...
by dan_s
Sat May 11, 2024 2:08 pm
Forum: Sweet 16 Portfolio
Topic: Sweet 16 Update - May 11
Replies: 0
Views: 104

Sweet 16 Update - May 11

All 16 companies have now released Q1 results and updated guidance. All 16 companies generated solid Q1 Adjusted Net Income, after you back out the non-cash mark-to-market adjustments on their hedges. < The most misleading SEC/GAAP accounting rule ever dreamed up. Our focus is on production volumes,...
by dan_s
Sat May 11, 2024 12:37 pm
Forum: Sweet 16 Portfolio
Topic: Read this if you own SilverBow Resources (SBOW) - May 11
Replies: 0
Views: 80

Read this if you own SilverBow Resources (SBOW) - May 11

The article at the link below is a good summary of what's going on at SilverBow. ------------------------------- "It is an election year, and the battle is on. SilverBow Resources, a publicly traded oil and gas company operating in South Texas’ Eagle Ford shale, is wrapped up in a big conflict ...
by dan_s
Sat May 11, 2024 11:04 am
Forum: Other topics of interest
Topic: The Sun's impact on the Earth's atmosphere - May 11
Replies: 0
Views: 31

The Sun's impact on the Earth's atmosphere - May 11

The Sun and the oceans have 1,000 X more impact on the Earth climate than the tiny amount of CO2 in the atmosphere, yet Team Biden tells us that if we spend $Trillions on windmills and solar panels we can control the Earth's climate. ------------------------------------------------------ An extreme ...
by dan_s
Sat May 11, 2024 10:53 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Valuation Update - May 11
Replies: 0
Views: 39

Crescent Point Energy (CPG) Valuation Update - May 11

Crescent Point is a recent addition to the Sweet 16, so I'm still making adjustments to my forecast model assumptions. I'm gaining more confidence in the model each quarter. For new companies I always try to lean towards more conservative assumptions, including the use of a low CFPS multiple to valu...
by dan_s
Sat May 11, 2024 10:28 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Q1 Results - May 11
Replies: 3
Views: 39

Re: Crescent Point Energy (CPG) Q1 Results - May 11

TipRanks: In a report released May 8, Jason Bouvier from Scotiabank maintained a Buy rating on Crescent Point Energy, with a price target of C$16.00 ($11.70US) . The company’s shares closed on May 10 at $8.70US According to TipRanks.com, Bouvier is a 5-star analyst with an average return of 19.5% a...
by dan_s
Sat May 11, 2024 9:43 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Q1 Results - May 11
Replies: 3
Views: 39

Re: Crescent Point Energy (CPG) Q1 Results - May 11

Crescent Point Energy Corp. CPG has inked an agreement to sell off its non-core assets in Saskatchewan to Saturn Oil & Gas Inc. The total consideration for the deal is C$600 million, which will be financed in cash. The non-core assets put up for sale include Flat Lake and Battrum. The transactio...
by dan_s
Sat May 11, 2024 8:54 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Q1 Results - May 11
Replies: 3
Views: 39

Re: Crescent Point Energy (CPG) Q1 Results - May 11

CALGARY, AB, May 10, 2024 /PRNewswire/ - Crescent Point Energy Corp. ("Crescent Point", or the "Company") (TSX: CPG) and (NYSE: CPG) held its Annual and Special Meeting of Shareholders ("AGM" or "the meeting") on May 10, 2024. During the business portion of th...
by dan_s
Sat May 11, 2024 8:43 am
Forum: Sweet 16 Portfolio
Topic: Crescent Point Energy (CPG) Q1 Results - May 11
Replies: 3
Views: 39

Crescent Point Energy (CPG) Q1 Results - May 11

KEY HIGHLIGHTS in Canadian Dollars Strong operational execution year-to-date, including delivering 198,500 boe/d of production in first quarter. < Slightly below my forecast of 200,000 Boepd. Generated $130 million of excess cash flow in first quarter, with over $80 million returned to shareholders....